Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan - 2023

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan (FOB) - 2022
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan (CIF) - 2022
  3. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan
  4. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan (FOB) - 2022

The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,029 per ton in 2022, declining by -7.3% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -9.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 47%. Over the period under review, the average export prices attained the peak figure at $1,132 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,058 per ton), while the average price for exports to Georgia ($200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan (CIF) - 2022

In 2022, the average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $701 per ton, flattening at the previous year. Overall, the import price saw resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 44% against the previous year. Over the period under review, average import prices reached the maximum at $800 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +26.1% per year.

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan

In 2022, overseas shipments of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -35.8% to 226 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports attained the peak of 352 tons, and then reduced remarkably in the following year.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds shrank markedly to $232K in 2022. Overall, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $390K, and then reduced markedly in the following year.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia241301389229-1.7%
Kazakhstan0.51.71.22.058.7%
Georgia0.4N/AN/A1.035.7%
OthersN/AN/AN/AN/A0%
Total242302390232-1.4%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Azerbaijan in 2022:

  1. Russia (216.7 tons)
  2. Georgia (5.0 tons)
  3. Kazakhstan (4.1 tons)

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan

In 2022, purchases abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -45.7% to 119 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of 323 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds shrank markedly to $83K in 2022. In general, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, imports attained the peak of $259K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey17219115082.9-21.6%
India20.1N/AN/AN/A0%
KyrgyzstanN/A30.0N/AN/A0%
CanadaN/A34.5N/AN/A0%
Others4.33.33.90.4-54.7%
Total19625915383.3-24.8%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Azerbaijan in 2022:

  1. Turkey (118.4 tons)

Source: IndexBox Market Intelligence Platform

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