Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan (CIF) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan (FOB) - 2023
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan (CIF) - 2023
In December 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $3,855 per ton, falling by -2.8% against the previous month. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 13% month-to-month. The import price peaked at $4,638 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($6,623 per ton), while the price for Iran ($1,970 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan (FOB) - 2023
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $8,595 per ton in December 2023, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 186% against the previous month. As a result, the export price reached the peak level of $24,400 per ton. From November 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From December 2022 to December 2023, the rate of growth in terms of prices for Russia amounted to -0.9% per month.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan
In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed imported into Azerbaijan reached 5K tons, flattening at the year before. In general, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed rose significantly to $19M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 5.9 | 3.1 | 3.4 | 3.6 | -15.2% |
| Iran | 0.4 | 0.8 | 2.4 | 3.1 | 97.9% |
| Germany | 3.6 | 3.4 | 3.3 | 3.1 | -4.9% |
| Belarus | 1.0 | 1.4 | 1.9 | 2.5 | 35.7% |
| Turkey | 0.8 | 0.9 | 1.4 | 1.8 | 31.0% |
| Poland | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
| Saudi Arabia | 0.6 | 0.8 | 0.5 | 0.7 | 5.3% |
| Ukraine | 0.8 | 0.6 | 0.7 | 0.5 | -14.5% |
| Finland | 0.6 | 0.6 | 0.6 | 0.3 | -20.6% |
| Egypt | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Denmark | 2.1 | 0.9 | 0.2 | 0.2 | -54.3% |
| Others | 1.2 | 1.4 | 2.0 | 2.5 | 27.7% |
| Total | 17.5 | 14.9 | 17.3 | 19.4 | 3.5% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Azerbaijan in 2022:
- Iran (1607.1 tons)
- Lithuania (718.5 tons)
- Germany (607.4 tons)
- Belarus (446.7 tons)
- Turkey (340.6 tons)
- Saudi Arabia (337.1 tons)
- Poland (197.6 tons)
- Ukraine (89.0 tons)
- Egypt (88.5 tons)
- Finland (54.9 tons)
- Denmark (53.2 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan
In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed exported from Azerbaijan fell rapidly to 448 tons, with a decrease of -37.8% on 2021 figures. In general, exports faced a precipitous contraction. The smallest decline of -19.2% was in 2020.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed reduced to $3.6M in 2022. Over the period under review, exports saw a dramatic downturn.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.4 | 5.9 | 3.7 | 3.4 | -26.0% |
| Kazakhstan | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.4 | 5.9 | 3.8 | 3.6 | -24.6% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Azerbaijan in 2022:
- Russia (428.1 tons)
- Kazakhstan (19.8 tons)
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