Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan (CIF) - 2022
In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $3,115 per ton, increasing by 30% against the previous year. Over the period under review, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 104% against the previous year. The import price peaked at $3,610 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Germany ($11,468 per ton), while the price for Iran ($1,889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan (FOB) - 2022
The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $9,680 per ton in 2022, surging by 9% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +17.1% per year.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan
After three years of growth, purchases abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -47.1% to 30 tons in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 607% against the previous year.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 fell markedly to $92K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 392% against the previous year.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 3.5 | 17.8 | 69.9 | 42.3 | 129.5% |
| China | 6.8 | 25.6 | 17.4 | 20.1 | 43.5% |
| Germany | 1.1 | 1.2 | 3.5 | 17.8 | 152.9% |
| Turkey | 0.3 | 4.1 | 22.3 | 6.3 | 175.9% |
| Uzbekistan | 2.2 | 1.0 | 7.2 | 3.0 | 10.9% |
| Chile | N/A | 18.0 | N/A | N/A | 0% |
| Others | 1.4 | 7.4 | 13.3 | 2.5 | 21.3% |
| Total | 15.3 | 75.1 | 134 | 91.9 | 81.8% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Azerbaijan in 2022:
- Iran (22.4 tons)
- China (3.3 tons)
- Germany (1.6 tons)
- Uzbekistan (1.2 tons)
- Turkey (0.8 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan
For the third year in a row, Azerbaijan recorded decline in shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, which decreased by -96.8% to 50 kg in 2022. Overall, exports continue to indicate a dramatic descent. The smallest decline of -1.8% was in 2020.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 reduced remarkably to $484 in 2022. In general, exports continue to indicate a significant decrease. The smallest decline of -6.1% was in 2020.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 0.5 | 0% |
| Russia | 0.1 | 0.5 | 0.4 | N/A | 100.0% |
| Finland | 21.2 | 16.1 | 6.9 | N/A | -42.9% |
| Estonia | N/A | 6.7 | 5.0 | N/A | -25.4% |
| Others | 4.6 | 1.0 | 1.7 | N/A | -39.2% |
| Total | 25.9 | 24.3 | 14.1 | 0.5 | -73.2% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Azerbaijan in 2022:
- Qatar (50.0 kg)
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