Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan - 2023

Contents:

  1. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan (FOB) - 2022
  2. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan (CIF) - 2022
  3. Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan
  4. Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan (FOB) - 2022

In 2022, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $893 per ton, remaining constant against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 0.7% against the previous year. As a result, the export price reached the peak level of $901 per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($896 per ton), while the average price for exports to Ukraine stood at $400 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.1%).

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan (CIF) - 2022

The average import price for fresh or chilled lettuce, other than cabbage lettuce stood at $701 per ton in 2022, standing approx. at the previous year. In general, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 31%. The import price peaked at $774 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($704 per ton), while the price for Iran amounted to $700 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan

After three years of growth, shipments abroad of fresh or chilled lettuce, other than cabbage lettuce decreased by -31.4% to 347 tons in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 53% against the previous year.

In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce fell notably to $310K in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 53% against the previous year.

Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2613974553095.8%
Others0.73.01.40.98.7%
Total2614004563105.9%

Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Azerbaijan in 2022:

  1. Russia (344.9 tons)

Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan

For the third consecutive year, Azerbaijan recorded growth in supplies from abroad of fresh or chilled lettuce, other than cabbage lettuce, which increased by 85% to 34 tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 158% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce soared to $24K in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 155% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Azerbaijan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Iran4.710.319.6104.2%
TurkeyN/A2.54.164.0%
Others0.3N/AN/A0%
Total5.012.823.7117.7%

Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Azerbaijan in 2022:

  1. Iran (28.0 tons)
  2. Turkey (5.8 tons)

Source: IndexBox Market Intelligence Platform

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