Azerbaijan - Roots And Tubers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRoot and Tuber Price in Azerbaijan - 2023
Contents:
- Root and Tuber Price in Azerbaijan (CIF) - 2022
- Root and Tuber Price in Azerbaijan (FOB) - 2022
- Root and Tuber Imports in Azerbaijan
- Root and Tuber Exports in Azerbaijan
Root and Tuber Price in Azerbaijan (CIF) - 2022
The average root and tuber import price stood at $279 per ton in 2022, surging by 7.7% against the previous year. Over the period under review, the import price showed a prominent increase. The growth pace was the most rapid in 2015 when the average import price increased by 70%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belarus ($315 per ton) and Ukraine ($312 per ton), while the price for Iran ($250 per ton) and Turkey ($254 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Root and Tuber Price in Azerbaijan (FOB) - 2022
The average root and tuber export price stood at $449 per ton in 2022, growing by 3.3% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, root and tuber export price increased by +8.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $646 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($454 per ton), while the average price for exports to Ukraine ($397 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 Ukraine (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Root and Tuber Imports in Azerbaijan
In 2022, root and tuber imports into Azerbaijan reduced to 198K tons, waning by -6.9% on 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 212K tons, and then reduced in the following year.
In value terms, root and tuber imports amounted to $55M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Root and Tuber in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 33.7 | 22.9 | 8.7 | 20.3 | -15.5% |
Iran | 13.2 | 23.0 | 40.1 | 10.4 | -7.6% |
Turkey | 0.4 | 0.8 | 2.5 | 8.1 | 172.6% |
Pakistan | 2.5 | N/A | N/A | 7.4 | 43.6% |
Georgia | 0.8 | 0.6 | 2.8 | 4.2 | 73.8% |
Belarus | 0.1 | N/A | N/A | 2.0 | 171.4% |
Ukraine | 0.1 | N/A | 0.3 | 1.6 | 152.0% |
Others | 0.9 | 2.2 | 0.6 | 1.2 | 10.1% |
Total | 51.8 | 49.5 | 55.0 | 55.2 | 2.1% |
Top Suppliers of Root and Tuber to Azerbaijan in 2022:
- Russia (72.3K tons)
- Iran (41.7K tons)
- Turkey (31.7K tons)
- Pakistan (24.6K tons)
- Georgia (14.7K tons)
- Belarus (6.4K tons)
- Ukraine (5.1K tons)
Root and Tuber Exports in Azerbaijan
In 2022, shipments abroad of roots and tubers decreased by -15.2% to 78K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 27%.
In value terms, root and tuber exports shrank to $35M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26%.
Export of Root and Tuber in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 25.1 | 30.8 | 38.5 | 33.4 | 10.0% |
Belarus | N/A | 0.5 | 0.4 | 0.8 | 26.5% |
Ukraine | 0.8 | 1.8 | 1.1 | 0.6 | -9.1% |
Georgia | 0.8 | 0.5 | N/A | 0.1 | -50.0% |
Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Total | 26.9 | 33.8 | 40.1 | 35.1 | 9.3% |
Top Export Markets for Root and Tuber from Azerbaijan in 2022:
- Russia (73.7K tons)
- Belarus (1.9K tons)
- Ukraine (1.4K tons)
- Georgia (0.5K tons)
This report provides an in-depth analysis of the root and tuber market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 125 - Cassava
- FCL 149 - Roots and tubers nes
- FCL 122 - Sweet potatoes
- FCL 136 - Taro (Cocoyam)
- FCL 137 - Yams
- FCL 135 - Yautia (Cocoyam)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for root and tuber crops, backed by data from the IndexBox market intelligence platform. Discover the import values and key statistics of the world's leading countries in this market.
Global roots and tubers consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global roots and tubers exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global roots and tubers imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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