Liqueurs and Cordials Price in Azerbaijan - 2023
Contents:
- Liqueurs and Cordials Price in Azerbaijan (CIF) - 2022
- Liqueurs and Cordials Price in Azerbaijan (FOB) - 2022
- Liqueurs and Cordials Imports in Azerbaijan
- Liqueurs and Cordials Exports in Azerbaijan
Liqueurs and Cordials Price in Azerbaijan (CIF) - 2022
In 2022, the average liqueurs and cordials import price amounted to $5.4 per litre, rising by 6.8% against the previous year. In general, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 43% against the previous year. The import price peaked at $13 per litre in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Ireland ($10 per litre), while the price for Russia ($1.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced a decline.
Liqueurs and Cordials Price in Azerbaijan (FOB) - 2022
In 2022, the average liqueurs and cordials export price amounted to $8.5 per litre, surging by 266% against the previous year. In general, the export price posted prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($8.4 per litre), while the average price for exports to Hungary totaled $8.4 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+841.2%), while the prices for the other major destinations experienced a decline.
Liqueurs and Cordials Imports in Azerbaijan
In 2022, liqueurs and cordials imports into Azerbaijan skyrocketed to 176K litres, picking up by 25% against the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, liqueurs and cordials imports soared to $958K in 2022. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Liqueurs and Cordials in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 137 | 202 | 432 | 479 | 51.8% |
| United States | 80.7 | 43.8 | 83.7 | 130 | 17.2% |
| Ireland | 70.9 | 72.2 | 95.3 | 79.9 | 4.1% |
| France | 55.3 | 19.0 | 42.6 | 68.3 | 7.3% |
| Italy | 24.6 | 6.9 | 26.6 | 56.1 | 31.6% |
| Netherlands | 11.6 | 6.5 | 11.8 | 51.4 | 64.2% |
| United Kingdom | 291 | 7.6 | 0.8 | 24.7 | -56.1% |
| Czech Republic | 18.5 | 5.8 | 4.4 | 10.7 | -16.7% |
| Russia | N/A | N/A | 3.7 | 7.0 | 89.2% |
| Others | 22.6 | 8.2 | 18.6 | 50.5 | 30.7% |
| Total | 712 | 372 | 720 | 958 | 10.4% |
Top Suppliers of Liqueurs and Cordials to Azerbaijan in 2022:
- Germany (108.0K litres)
- United States (14.4K litres)
- France (11.1K litres)
- Italy (9.9K litres)
- Netherlands (8.0K litres)
- Ireland (8.0K litres)
- Russia (5.1K litres)
- United Kingdom (3.3K litres)
- Czech Republic (2.4K litres)
Liqueurs and Cordials Exports in Azerbaijan
After three years of growth, shipments abroad of liqueurs and cordialses decreased by -67% to 2K litres in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,985% against the previous year. As a result, the exports attained the peak of 5.9K litres, and then contracted remarkably in the following year.
In value terms, liqueurs and cordials exports soared to $17K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,070%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Liqueurs and Cordials in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 9.5 | 0% |
| Estonia | N/A | N/A | N/A | 6.9 | 0% |
| Germany | 0.2 | 0.9 | 13.8 | N/A | 730.7% |
| Others | 0.5 | 0.3 | N/A | 0.2 | -26.3% |
| Total | 0.7 | 1.2 | 13.8 | 16.6 | 187.3% |
Top Export Markets for Liqueurs and Cordials from Azerbaijan in 2022:
- Hungary (1125.0 litres)
- Estonia (821.0 litres)
560
This report provides an in-depth analysis of the spirits and liqueurs market in Azerbaijan.
298
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Azerbaijan.
315
This report provides an in-depth analysis of the grape wine spirits market in Azerbaijan.
406
This report provides an in-depth analysis of the whisky market in Azerbaijan.
400
This report provides an in-depth analysis of the rum market in Azerbaijan.
360
This report provides an in-depth analysis of the gin and geneva market in Azerbaijan.
2153
This report provides an in-depth analysis of the global spirits and liqueurs market.
334
This report provides an in-depth analysis of the global market for spirits, liqueurs and other spirituous beverages.
581
This report provides an in-depth analysis of the global grape wine spirits market.
1277
This report provides an in-depth analysis of the global whisky market.
268
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1309
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
817
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
181
Explore the top import markets for spirits, liqueurs, and other alcoholic beverages, including key statistics and import values. Discover the demand and trends in countries such as the United States, Germany, United Kingdom, and more. Gain valuable insights for producers and exporters in the global market.
162
Explore the world's best import markets for grape wine spirits with key statistics and insights. Learn about the top countries and their import values. Discover opportunities for wine producers and exporters.
268
This article explores the world's best import markets for whisky, including the United States, France, Singapore, the Netherlands, Germany, Taiwan, China, Japan, Australia, and Spain. It highlights their growing demand for whisky, the popularity of different styles and brands, and the emergence of whisky culture in these countries. The IndexBox market intelligence platform provides valuable data and insights for businesses operating in the whisky market.
494
Explore the top import markets for rum worldwide and discover the cultural preferences, consumer trends, and cocktail cultures that contribute to the popularity of rum in these countries.
268
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1309
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
817
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
