Azerbaijan - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLemon and Lime Price in Azerbaijan - 2023
Contents:
- Lemon and Lime Price in Azerbaijan (CIF) - 2023
- Lemon and Lime Price in Azerbaijan (FOB) - 2022
- Lemon and Lime Imports in Azerbaijan
- Lemon and Lime Exports in Azerbaijan
Lemon and Lime Price in Azerbaijan (CIF) - 2023
The average lemon and lime import price stood at $763 per ton in September 2023, declining by -20.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices hit record highs at $1,019 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Africa ($1,250 per ton), while the price for Turkey stood at $750 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (0.0%).
Lemon and Lime Price in Azerbaijan (FOB) - 2022
The average lemon and lime export price stood at $654 per ton in 2022, which is down by -33.9% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,260 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($2,020 per ton), while the average price for exports to Russia totaled $620 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+4.5%), while the prices for the other major destinations experienced a decline.
Lemon and Lime Imports in Azerbaijan
Lemon and lime imports into Azerbaijan rose significantly to 19K tons in 2022, increasing by 13% compared with the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +52.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, lemon and lime imports expanded markedly to $16M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Lemon and Lime in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.6 | 5.3 | 10.8 | 12.3 | 12.7% |
| South Africa | 2.7 | 6.0 | 2.9 | 3.0 | 3.6% |
| Others | 0.3 | 0.7 | 0.1 | 0.4 | 10.1% |
| Total | 11.6 | 12.1 | 13.9 | 15.7 | 10.6% |
Top Suppliers of Lemon and Lime to Azerbaijan in 2022:
- Turkey (16.4K tons)
- South Africa (2.4K tons)
Lemon and Lime Exports in Azerbaijan
In 2022, shipments abroad of lemons and limes decreased by -88.2% to 2.1 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 10,507%. As a result, the exports attained the peak of 119 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, lemon and lime exports fell rapidly to $1.4K in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 15,574% against the previous year. As a result, the exports attained the peak of $156K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Lemon and Lime in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.5 | 152 | 12.8 | 1.3 | 37.5% |
| Qatar | N/A | N/A | N/A | 0.1 | 0% |
| Brunei Darussalam | N/A | N/A | 2.3 | N/A | 0% |
| Others | 0.5 | 3.2 | 2.5 | N/A | 123.6% |
| Total | 1.0 | 156 | 17.5 | 1.4 | 11.9% |
Top Export Markets for Lemon and Lime from Azerbaijan in 2022:
- Russia (2.0 tons)
- Qatar (0.1 tons)
This report provides an in-depth analysis of the lemon and lime 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 497 - Lemons and limes
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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