Price for Plants, Live; Unrooted Cuttings and Slips in Azerbaijan - 2023

Contents:

  1. Price for Plants, Live; Unrooted Cuttings and Slips in Azerbaijan (FOB) - 2022
  2. Price for Plants, Live; Unrooted Cuttings and Slips in Azerbaijan (CIF) - 2022
  3. Exports of Plants, Live; Unrooted Cuttings and Slips in Azerbaijan
  4. Imports of Plants, Live; Unrooted Cuttings and Slips in Azerbaijan

Price for Plants, Live; Unrooted Cuttings and Slips in Azerbaijan (FOB) - 2022

In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to less than $0.1 per unit, waning by -8.8% against the previous year. In general, the export price, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2017 an increase of 74% against the previous year. As a result, the export price attained the peak level of $0.1 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($0.1 per unit), while the average price for exports to Georgia stood at less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+0.6%).

Price for Plants, Live; Unrooted Cuttings and Slips in Azerbaijan (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $3.4 per unit, increasing by 126% against the previous year. Overall, the import price continues to indicate a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($4.3 per unit), while the price for Uzbekistan amounted to $0.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plants, Live; Unrooted Cuttings and Slips in Azerbaijan

Exports of plants, live; unrooted cuttings and slipses from Azerbaijan soared to 588K units in 2022, picking up by 305% on the previous year. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of plants, live; unrooted cuttings and slipses skyrocketed to $29K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 523%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Plants, Live; Unrooted Cuttings and Slips in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A6.827.3301.5%
Georgia2.50.91.01.6-13.8%
SerbiaN/A0.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.51.37.828.8125.8%

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Azerbaijan in 2022:

  1. Russia (545.3K units)
  2. Georgia (43.2K units)

Imports of Plants, Live; Unrooted Cuttings and Slips in Azerbaijan

For the third year in a row, Azerbaijan recorded decline in overseas purchases of plants, live; unrooted cuttings and slipses, which decreased by -84% to 2.2K units in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -54.1% was in 2020. Over the period under review, imports of hit record highs at 105K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; unrooted cuttings and slipses declined markedly to $7.3K in 2022. Over the period under review, imports faced a significant contraction. The smallest decline of -50.4% was in 2020. Imports peaked at $123K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Plants, Live; Unrooted Cuttings and Slips in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands31.210.52.17.0-39.2%
Uzbekistan2.40.70.10.3-50.0%
Kenya1.58.93.2N/A46.1%
Georgia36.523.69.6N/A-48.7%
Italy14.37.61.1N/A-72.3%
Israel3.02.20.9N/A-45.2%
Turkey1.81.50.8N/A-33.3%
Others32.66.12.4N/A-72.9%
Total12361.120.17.3-61.0%

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Azerbaijan in 2022:

  1. Netherlands (1.7K units)
  2. Uzbekistan (0.5K units)

Source: IndexBox Market Intelligence Platform

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