Report Update: May 1, 2024

Azerbaijan - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Active Yeast Price in Azerbaijan - 2023

Active Yeast Price in Azerbaijan (CIF) - 2023

The average active yeast import price stood at $2,250 per ton in May 2023, with an increase of 17% against the previous month. Over the period from July 2022 to May 2023, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in April 2023 an increase of 36% month-to-month. Over the period under review, average import prices attained the maximum in May 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3,836 per ton), while the price for Russia ($701 per ton) was amongst the lowest.

From July 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Iran (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Active Yeast Price in Azerbaijan (FOB) - 2023

The average active yeast export price stood at $523 per ton in May 2023, almost unchanged from the previous month. Over the period under review, the export price recorded slight growth. The pace of growth appeared the most rapid in October 2022 an increase of 4.8% month-to-month. The export price peaked in May 2023.

Average prices varied noticeably for the major foreign markets. In May 2023, the country with the highest price was Uzbekistan ($550 per ton), while the average price for exports to Georgia totaled $520 per ton.

From July 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+0.9%).

Active Yeast Imports in Azerbaijan

Active yeast imports into Azerbaijan expanded slightly to 1.6K tons in 2022, with an increase of 4.7% on the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, active yeast imports soared to $4.4M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Active Yeast in Azerbaijan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	1.9	2.8	2.0	3.0	16.4%
Russia	0.4	0.5	1.0	1.0	35.7%
Kazakhstan	N/A	N/A	N/A	N/A	0%
Others	0.4	0.3	0.3	0.3	-9.1%
Total	2.7	3.5	3.2	4.4	17.7%

Top Suppliers of Active Yeast to Azerbaijan in 2022:

Turkey (1150.3 tons)
Russia (417.9 tons)
Kazakhstan (30.0 tons)

Active Yeast Exports in Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in overseas shipments of bakers and active yeast, which increased by 38% to 2.4K tons in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 59%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, active yeast exports surged to $1.1M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Active Yeast in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Georgia	341	476	756	1,144	49.7%
Others	N/A	N/A	7.7	N/A	0%
Total	341	476	763	1,144	49.7%

Top Export Markets for Active Yeast from Azerbaijan in 2022:

Georgia (2.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the active yeast 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 10891334 - Bakers
Prodcom 10891339 - Active yeast (excluding bakers

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023