Azerbaijan - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarrot and Turnip Price in Azerbaijan - 2023
Contents:
- Carrot and Turnip Price in Azerbaijan (CIF) - 2022
- Carrot and Turnip Price in Azerbaijan (FOB) - 2022
- Carrot and Turnip Imports in Azerbaijan
- Carrot and Turnip Exports in Azerbaijan
Carrot and Turnip Price in Azerbaijan (CIF) - 2022
In 2022, the average carrot and turnip import price amounted to $350 per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, posted mild growth. The most prominent rate of growth was recorded in 2014 an increase of 2,347% against the previous year. As a result, import price reached the peak level of $8,561 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($351 per ton), while the price for Iran amounted to $350 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Carrot and Turnip Price in Azerbaijan (FOB) - 2022
The average carrot and turnip export price stood at $513 per ton in 2022, growing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($914 per ton), while the average price for exports to Georgia ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+9.6%).
Carrot and Turnip Imports in Azerbaijan
After three years of growth, supplies from abroad of carrots and turnips decreased by -47.9% to 1.3K tons in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 209%.
In value terms, carrot and turnip imports declined sharply to $453K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 228%.
| Import of Carrot and Turnip in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 162 | 95.9 | 18.7 | 255 | 16.3% |
| Turkey | N/A | 419 | 858 | 198 | -31.3% |
| Others | 0.1 | 16.1 | N/A | 0.1 | 0.0% |
| Total | 162 | 531 | 877 | 453 | 40.9% |
Top Suppliers of Carrot and Turnip to Azerbaijan in 2022:
- Iran (729.4 tons)
- Turkey (562.9 tons)
Carrot and Turnip Exports in Azerbaijan
In 2022, approx. 2.6K tons of carrots and turnips were exported from Azerbaijan; picking up by 130% compared with the previous year. Overall, exports posted perceptible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, carrot and turnip exports soared to $1.3M in 2022. In general, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carrot and Turnip in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 937 | 941 | 482 | 1,187 | 8.2% |
| Belarus | N/A | N/A | N/A | 123 | 0% |
| Georgia | 77.8 | 57.1 | 12.3 | 22.0 | -34.4% |
| Others | 4.7 | 14.9 | N/A | 12.4 | 38.2% |
| Total | 1,019 | 1,013 | 494 | 1,345 | 9.7% |
Top Export Markets for Carrot and Turnip from Azerbaijan in 2022:
- Russia (2361.9 tons)
- Belarus (134.7 tons)
- Georgia (88.1 tons)
This report provides an in-depth analysis of the carrot and turnip 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 426 - Carrot
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
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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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This report provides an in-depth analysis of the carrot and turnip market in Azerbaijan.
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This report provides an in-depth analysis of the global carrot and turnip market.
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This report provides an in-depth analysis of the carrot and turnip market in Azerbaijan.
3591
This report provides an in-depth analysis of the global carrot and turnip market.
8296
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4388
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4974
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5617
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
8296
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4388
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4974
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5617
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
