Report Update: Apr 1, 2024

Azerbaijan - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights

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Fruit Flour Price in Azerbaijan - 2023

Fruit Flour Price in Azerbaijan (CIF) - 2022

The average fruit flour import price stood at $8,135 per ton in 2022, rising by 408% against the previous year. Over the period under review, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Russia ($13,921 per ton), while the price for Indonesia ($2,678 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fruit Flour Price in Azerbaijan (FOB) - 2022

In 2022, the average fruit flour export price amounted to $5,110 per ton, rising by 12% against the previous year. Overall, the export price posted a measured increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,403 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +0.5% per year.

Fruit Flour Imports in Azerbaijan

In 2022, approx. 658 kg of fruit flour were imported into Azerbaijan; with a decrease of -98.4% on 2021. Overall, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1,039% against the previous year. As a result, imports reached the peak of 42 tons, and then contracted sharply in the following year.

In value terms, fruit flour imports shrank markedly to $5.4K in 2022. Over the period under review, imports recorded a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 479% against the previous year. As a result, imports reached the peak of $67K, and then declined dramatically in the following year.

Import of Fruit Flour in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	0.1	0.2	6.4	1.8	162.1%
United States	N/A	N/A	N/A	1.6	0%
Turkey	1.8	0.5	3.5	0.9	-20.6%
Indonesia	1.9	1.2	0.8	0.3	-46.0%
Thailand	N/A	N/A	N/A	0.3	0%
Sri Lanka	2.8	2.4	2.3	N/A	-9.4%
Vietnam	N/A	N/A	37.6	N/A	0%
United Arab Emirates	7.0	0.1	0.8	N/A	-66.2%
Georgia	11.0	5.5	14.8	N/A	16.0%
Saudi Arabia	1.6	1.1	0.5	N/A	-44.1%
Others	17.6	0.7	0.7	0.5	-69.5%
Total	43.9	11.6	67.1	5.4	-50.3%

Top Suppliers of Fruit Flour to Azerbaijan in 2022:

United States (227.0 kg)
Russia (127.0 kg)
Indonesia (115.0 kg)
Thailand (98.0 kg)
Turkey (77.0 kg)

Fruit Flour Exports in Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in overseas shipments of fruit flour, which decreased by -91.8% to 1 tons in 2022. In general, exports saw a sharp descent. The smallest decline of -6.8% was in 2021.

In value terms, fruit flour exports reduced rapidly to $5.1K in 2022. Overall, exports recorded a significant decrease. The smallest decline of -8.6% was in 2021.

Export of Fruit Flour in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	0.5	0.6	0.5	5.1	116.9%
Germany	6.5	3.1	2.2	N/A	-41.8%
Austria	28.3	16.4	13.7	N/A	-30.4%
France	8.4	5.5	5.2	N/A	-21.3%
Poland	1.9	7.0	5.6	N/A	71.7%
Turkey	34.0	28.2	28.4	N/A	-8.6%
Others	N/A	0.1	N/A	N/A	0%
Total	79.7	60.9	55.7	5.1	-60.0%

Top Export Markets for Fruit Flour from Azerbaijan in 2022:

Russia (1000.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fruit flour 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 624 - Flour of Fruits

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