Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan - 2024
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan (CIF) - 2024
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan (FOB) - 2022
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan (CIF) - 2024
The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,579 per ton in September 2023, approximately mirroring the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 15% m-o-m. Over the period under review, average import prices hit record highs at $5,720 per ton in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($6,000 per ton), while the price for Uzbekistan totaled $5,000 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan (FOB) - 2022
The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,818 per ton in 2022, falling by -15.9% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 38%. The export price peaked at $35,224 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($5,720 per ton), while the average price for exports to Uzbekistan ($2,846 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-2.8%).
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan
Imports of nuts, edible; almonds, fresh or dried, shelleds into Azerbaijan soared to 726 tons in 2022, with an increase of 39% compared with the year before. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds skyrocketed to $4M in 2022. In general, imports, however, recorded a perceptible slump.
Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.1 | 3.5 | 2.5 | 3.7 | -3.4% |
Spain | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
Total | 4.3 | 3.7 | 2.8 | 4.0 | -2.4% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Azerbaijan in 2022:
- United States (673.5 tons)
- Spain (36.4 tons)
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan
In 2022, approx. 199 tons of nuts, edible; almonds, fresh or dried, shelleds were exported from Azerbaijan; with an increase of 345% compared with 2021 figures. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds surged to $959K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 811 | 0% |
Uzbekistan | N/A | N/A | 117 | 104 | -11.1% |
Belarus | N/A | N/A | N/A | 41.8 | 0% |
Turkey | N/A | N/A | 139 | N/A | 0% |
Others | 2.0 | N/A | N/A | 1.5 | -9.1% |
Total | 2.0 | N/A | 256 | 959 | 682.7% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Azerbaijan in 2022:
- Russia (154.9 tons)
- Uzbekistan (36.6 tons)
- Belarus (7.3 tons)
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