Starch; Manioc (Cassava) Price in Azerbaijan - 2023

Contents:

  1. Starch; Manioc (Cassava) Price in Azerbaijan (CIF) - 2022
  2. Starch; Manioc (Cassava) Imports in Azerbaijan

Starch; Manioc (Cassava) Price in Azerbaijan (CIF) - 2022

In 2022, the average starch; manioc (cassava) import price amounted to $4,750 per ton, growing by 819% against the previous year. Over the period under review, the import price posted a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +818.8% per year.

Starch; Manioc (Cassava) Imports in Azerbaijan

In 2022, after two years of growth, there was significant decline in purchases abroad of starch; manioc (cassava)s, when their volume decreased by 99.9% to 8 kg. In general, imports saw a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports reached the peak of 426 tons, and then plummeted in the following year.

In value terms, starch; manioc (cassava) imports reduced sharply to $38 in 2022. Over the period under review, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports attained the peak of $220K, and then reduced sharply in the following year.

Import of Starch; Manioc (Cassava) in Azerbaijan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
RussiaN/A220N/A0%
Turkey183N/AN/A0%
OthersN/AN/AN/A0%
Total183220N/A20.2%

Top Suppliers of Starch; Manioc (Cassava) to Azerbaijan in 2022:

  1. Russia (8.0 kg)

Source: IndexBox Market Intelligence Platform

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