Price for Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan - 2023

Contents:

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

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $352 per ton, surging by 2.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 42%. As a result, import price attained the peak level of $367 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($982 per ton), while the price for Georgia ($330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan (FOB) - 2022

In 2020, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $450 per ton, falling by -5% against the previous year. In general, the export price showed a abrupt descent. Over the period under review, the average export prices hit record highs at $474 per ton in 2019, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2019 to 2020, the rate of growth in terms of prices for Turkmenistan amounted to 0.0% per year.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan

In 2022, imports of vegetables; seed potatoes, fresh or chilleds into Azerbaijan skyrocketed to 38K tons, growing by 19% against 2021 figures. Overall, imports, however, recorded a noticeable descent.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds surged to $13M in 2022. Over the period under review, imports, however, showed a mild decrease.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia12.914.48.88.9-11.6%
Georgia0.30.31.02.294.3%
Germany0.50.60.31.026.0%
Ukraine0.10.20.30.791.3%
Turkey0.10.60.50.344.2%
Others0.10.10.20.344.2%
Total14.016.411.113.4-1.4%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Azerbaijan in 2022:

  1. Russia (27.0K tons)
  2. Georgia (6.8K tons)
  3. Ukraine (2.1K tons)
  4. Germany (1.0K tons)
  5. Turkey (0.7K tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan

In 2020, exports of vegetables; seed potatoes, fresh or chilleds from Azerbaijan declined rapidly to 2.7 tons, waning by -95.7% compared with 2019 figures. Overall, exports showed a sharp shrinkage.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds reduced markedly to $1.2K in 2020. In general, exports continue to indicate a dramatic setback.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Azerbaijan (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
RussiaN/A1.20%
Turkmenistan29.4N/A0%
OthersN/AN/A0%
Total29.41.2-95.9%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Azerbaijan in 2022:

  1. Russia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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