Azerbaijan - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in Azerbaijan - 2023
Contents:
- Nuts Price in Azerbaijan (CIF) - 2022
- Nuts Price in Azerbaijan (FOB) - 2022
- Nuts Imports in Azerbaijan
- Nuts Exports in Azerbaijan
Nuts Price in Azerbaijan (CIF) - 2022
The average nuts import price stood at $1,946 per ton in 2022, reducing by -2.9% against the previous year. Over the period under review, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 86%. The import price peaked at $2,005 per ton in 2021, and then reduced slightly in the following year.
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 Iran ($7,302 per ton), while the price for Russia ($1,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Nuts Price in Azerbaijan (FOB) - 2022
The average nuts export price stood at $2,401 per ton in 2022, shrinking by -9.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 218%. The export price peaked at $11,887 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,837 per ton), while the average price for exports to Uzbekistan stood at $2,133 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+62.8%), while the prices for the other major destinations experienced more modest paces of growth.
Nuts Imports in Azerbaijan
In 2022, the amount of nuts imported into Azerbaijan skyrocketed to 4.2K tons, with an increase of 22% compared with the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, nuts imports soared to $8.2M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +103.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Nuts in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 165 | 6.2 | 450 | 1,860 | 124.2% |
| China | 983 | 775 | 437 | 1,628 | 18.3% |
| Ukraine | 1,156 | 436 | 636 | 1,534 | 9.9% |
| Iran | 392 | 476 | 1,117 | 1,015 | 37.3% |
| Turkey | 2,408 | 1,921 | 2,852 | 621 | -36.3% |
| Georgia | 86.0 | 139 | 759 | 557 | 86.4% |
| Chile | 274 | 32.7 | 162 | 410 | 14.4% |
| United States | 181 | 36.9 | 173 | 354 | 25.1% |
| Others | 323 | 201 | 308 | 212 | -13.1% |
| Total | 5,968 | 4,024 | 6,894 | 8,191 | 11.1% |
Top Suppliers of Nuts to Azerbaijan in 2022:
- Russia (1430.6 tons)
- Ukraine (1174.1 tons)
- China (772.0 tons)
- Georgia (289.5 tons)
- Turkey (143.2 tons)
- Iran (139.0 tons)
- Chile (108.0 tons)
- United States (103.9 tons)
Nuts Exports in Azerbaijan
In 2022, the amount of nuts exported from Azerbaijan surged to 2.2K tons, increasing by 86% compared with the year before. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nuts exports surged to $5.2M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 94%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Nuts in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1.0 | 1.6 | 1.9 | 2.8 | 40.9% |
| Russia | 0.2 | 0.8 | 1.0 | 2.3 | 125.7% |
| Lithuania | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 1.4 | 2.8 | 3.1 | 5.2 | 54.9% |
Top Export Markets for Nuts from Azerbaijan in 2022:
- Uzbekistan (1330.3 tons)
- Russia (823.5 tons)
This report provides an in-depth analysis of the nuts 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 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
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 nuts market in Azerbaijan.
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This report provides an in-depth analysis of the shelled hazelnut market in Azerbaijan.
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This report provides an in-depth analysis of the walnut market in Azerbaijan.
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This report provides an in-depth analysis of the kola nut market in Azerbaijan.
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This report provides an in-depth analysis of the hazelnut market in Azerbaijan.
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This report provides an in-depth analysis of the chestnut market in Azerbaijan.
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This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
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Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.
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The global almond market revenue amounted to $10.5B in 2018, going up by 6.5% against the previous year. This figure...
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From 2007 to 2016, the value of the global almond market showed a stable dynamic trend. However, in 2016, the value of the the global almond market dropped to X billion USD. One of the main reasons for this can be explained by the favourable weather
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Global almond consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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In 2015, the country with the largest volume of the almond output was the United States (X thousand tons), accounting for X% of global production.
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The U.S. seized control of almond market. In 2014, the U.S. exported X thousand tons of almonds totaling X million USD, X% over the previous year. Its primary trading partner was Spain, where it supplied X% of its total almond exports in value
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In 2013, the U.S. and Spain were the main global suppliers of almonds with a combined share of X% of global exports. However, the fastest growing suppliers on the global almond market from 2007 to 2013 were Turkey (+X% per year) and China (+X% per
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The global walnut estimated at approx. 2.5M tons on a shelled walnut basis, equating to near $17.1B. Against the pandemic background, and given the tangible rise in walnut outputs, the processing of walnuts into snack products emerges as the new driver of global walnut market growth. The market potential could be also found in the expansion of the range of nut products positioned as “healthy” food.
