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Azerbaijan - Soups And Broths - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoups Price in Azerbaijan - 2023
Contents:
- Soups Price in Azerbaijan (CIF) - 2022
- Soups Price in Azerbaijan (FOB) - 2022
- Soups Imports in Azerbaijan
- Soups Exports in Azerbaijan
Soups Price in Azerbaijan (CIF) - 2022
The average soups import price stood at $3,288 per ton in 2022, picking up by 17% against the previous year. In general, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Spain ($12,077 per ton), while the price for Iran ($1,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Soups Price in Azerbaijan (FOB) - 2022
The average soups export price stood at $5,391 per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a moderate expansion. The growth pace was the most rapid in 2019 when the average export price increased by 116%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2015 to 2021, the rate of growth in terms of prices for Rwanda amounted to -0.6% per year.
Soups Imports in Azerbaijan
In 2022, the amount of soups and broths imported into Azerbaijan contracted to 576 tons, falling by -13.7% against the previous year. Over the period under review, imports showed a slight curtailment. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 668 tons, and then fell in the following year.
In value terms, soups imports totaled $1.9M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Soups in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 848 | 963 | 1,075 | 1,043 | 7.1% |
Turkey | 704 | 511 | 658 | 686 | -0.9% |
Spain | 72.7 | 74.6 | 78.1 | 78.6 | 2.6% |
Georgia | 0.1 | 15.4 | 19.9 | 38.1 | 625.0% |
Iran | 10.7 | 10.4 | 10.4 | 10.1 | -1.9% |
Others | 32.8 | 25.6 | 36.9 | 38.3 | 5.3% |
Total | 1,668 | 1,600 | 1,878 | 1,894 | 4.3% |
Top Suppliers of Soups to Azerbaijan in 2022:
- Russia (308.1 tons)
- Turkey (233.1 tons)
- Georgia (12.5 tons)
- Iran (9.1 tons)
- Spain (6.5 tons)
Soups Exports in Azerbaijan
In 2021, the amount of soups and broths exported from Azerbaijan amounted to 299 kg, flattening at the previous year's figure. Over the period under review, exports saw a abrupt descent. The smallest decline of 99.9% was in 2020.
In value terms, soups exports totaled $1.6K in 2021. Overall, exports showed a buoyant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Export of Soups in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Russia | N/A | N/A | 1.6 | 0% | |
Namibia | 1.3 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 1.3 | N/A | 1.6 | 10.9% |
Top Export Markets for Soups from Azerbaijan in 2022:
- Russia (299.0 kg)
This report provides an in-depth analysis of the soups 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:
- Prodcom 10891100 - Soups and broths and preparations therefor
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
- 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 VOLUME AND VALUE
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
- 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
- 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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