Price for Insects; Live, Other than Bees in Azerbaijan - 2023
Contents:
- Price for Insects; Live, Other than Bees in Azerbaijan (CIF) - 2022
- Imports of Insects; Live, Other than Bees in Azerbaijan
Price for Insects; Live, Other than Bees in Azerbaijan (CIF) - 2022
The average import price for insects; live, other than beeses stood at $0.1 per thousand units in 2022, declining by -12.8% against the previous year. Overall, the import price, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2019 an increase of 113%. The import price peaked at $0.1 per thousand units in 2021, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($0.1 per thousand units), while the price for Russia (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+57.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Insects; Live, Other than Bees in Azerbaijan
For the third consecutive year, Azerbaijan recorded decline in supplies from abroad of insects; live, other than beeses, which decreased by -13.6% to 1.2B units in 2022. In general, imports showed a precipitous descent. Imports peaked at 5.1B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, insects; live, other than bees imports shrank significantly to $67K in 2022. Over the period under review, imports showed a precipitous shrinkage. The smallest decline of -23.9% was in 2021. Imports peaked at $306K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Insects; Live, Other than Bees in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 197 | 79.1 | 80.0 | 55.4 | -34.5% |
| Russia | N/A | N/A | 0.3 | 6.5 | 2066.7% |
| Netherlands | 74.0 | 5.6 | 3.9 | 3.6 | -63.5% |
| Spain | 22.7 | 1.8 | 1.7 | 1.6 | -58.7% |
| Israel | 4.3 | 1.0 | 1.0 | N/A | -51.8% |
| Turkey | 7.2 | 0.7 | 2.2 | N/A | -44.7% |
| Ukraine | 1.1 | 28.9 | N/A | N/A | 2527.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 306 | 117 | 89.0 | 67.1 | -39.7% |
Top Suppliers of Insects; Live, Other than Bees to Azerbaijan in 2022:
- Belgium (897.2M units)
- Russia (224.2M units)
- Spain (52.7M units)
- Netherlands (41.9M units)
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