Azerbaijan - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in Azerbaijan - 2023
Contents:
- Almond Price in Azerbaijan (CIF) - 2022
- Almond Price in Azerbaijan (FOB) - 2022
- Almond Imports in Azerbaijan
- Almond Exports in Azerbaijan
Almond Price in Azerbaijan (CIF) - 2022
In 2022, the average almond import price amounted to $6,515 per ton, rising by 9.5% against the previous year. In general, the import price recorded significant growth. The growth pace was the most rapid in 2016 an increase of 172% against the previous year. Over the period under review, average import prices reached the maximum at $7,711 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Uzbekistan ($8,175 per ton), while the price for the United Arab Emirates ($4,041 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Almond Price in Azerbaijan (FOB) - 2022
In 2022, the average almond export price amounted to $1,747 per ton, rising by 10% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 300% against the previous year. As a result, the export price reached the peak level of $4,000 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uzbekistan.
From 2016 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to -1.1% per year.
Almond Imports in Azerbaijan
In 2022, almond imports into Azerbaijan dropped rapidly to 16 tons, shrinking by -48.8% on 2021 figures. Over the period under review, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 132%.
In value terms, almond imports fell sharply to $106K in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 79%.
Import of Almond in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 59.9 | 0% |
Uzbekistan | 40.9 | 74.4 | 41.4 | 28.3 | -11.6% |
United States | 35.7 | 9.0 | 94.3 | 8.2 | -38.8% |
United Arab Emirates | 14.2 | 11.5 | 42.5 | 4.0 | -34.4% |
Turkey | 29.1 | 1.3 | 1.6 | 2.9 | -53.6% |
Afghanistan | 1.6 | 1.9 | 1.7 | 2.3 | 12.9% |
Chile | 50.7 | N/A | N/A | N/A | 0% |
Moldova | 23.7 | N/A | N/A | N/A | 0% |
Others | 5.9 | 7.2 | 7.0 | 0.2 | -67.6% |
Total | 202 | 105 | 189 | 106 | -19.3% |
Top Suppliers of Almond to Azerbaijan in 2022:
- Australia (9.1 tons)
- Uzbekistan (3.5 tons)
- United States (1.8 tons)
- United Arab Emirates (1.0 tons)
- Afghanistan (0.5 tons)
- Turkey (0.4 tons)
Almond Exports in Azerbaijan
In 2022, exports of almonds from Azerbaijan skyrocketed to 488 tons, picking up by 1,048% compared with 2021 figures. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, almond exports surged to $853K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Almond in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Uzbekistan | 38.6 | 853 | 2109.8% | ||
Turkey | 27.8 | N/A | 0% | ||
Others | 1.0 | 0.2 | -80.0% | ||
Total | 67.3 | 853 | 1167.5% |
Top Export Markets for Almond from Azerbaijan in 2022:
- Uzbekistan (488.3 tons)
This report provides an in-depth analysis of the almond 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 221 - Almonds
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
-
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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