Preserved Sauerkraut Price in Azerbaijan - 2023
Contents:
- Preserved Sauerkraut Price in Azerbaijan (CIF) - 2022
- Preserved Sauerkraut Price in Azerbaijan (FOB) - 2022
- Preserved Sauerkraut Imports in Azerbaijan
- Preserved Sauerkraut Exports in Azerbaijan
Preserved Sauerkraut Price in Azerbaijan (CIF) - 2022
In 2022, the average preserved sauerkraut import price amounted to $2,217 per ton, picking up by 15% against the previous year. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 59%. Over the period under review, average import prices reached the maximum at $2,291 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($8,653 per ton), while the price for Russia ($970 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Azerbaijan (FOB) - 2022
The average preserved sauerkraut export price stood at $1,263 per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2020 an increase of 38%. As a result, the export price reached the peak level of $1,360 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
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 the United States ($2,648 per ton), while the average price for exports to Kazakhstan ($1,002 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 the United Arab Emirates (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in purchases abroad of preserved sauerkraut, which increased by 28% to 403 tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut imports skyrocketed to $893K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +57.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved Sauerkraut in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 369 | 288 | 321 | 597 | 17.4% |
| Hungary | 95.4 | 141 | 145 | 160 | 18.8% |
| Luxembourg | 5.7 | 11.5 | 1.8 | 37.2 | 86.9% |
| Russia | 31.1 | 16.0 | 21.8 | 24.1 | -8.1% |
| Ukraine | 18.4 | 19.0 | 12.3 | 13.9 | -8.9% |
| Others | 54.7 | 92.4 | 105 | 59.9 | 3.1% |
| Total | 574 | 568 | 607 | 893 | 15.9% |
Top Suppliers of Preserved Sauerkraut to Azerbaijan in 2022:
- Turkey (279.2 tons)
- Hungary (61.8 tons)
- Russia (24.9 tons)
- Ukraine (10.4 tons)
- Luxembourg (8.1 tons)
Preserved Sauerkraut Exports in Azerbaijan
Preserved sauerkraut exports from Azerbaijan soared to 564 tons in 2022, picking up by 77% on the previous year. Over the period under review, exports showed moderate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut exports soared to $713K in 2022. Overall, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved Sauerkraut in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 374 | 101 | 197 | 501 | 10.2% |
| United States | 32.2 | 50.2 | 35.4 | 73.1 | 31.4% |
| United Arab Emirates | 0.1 | 2.6 | 33.5 | 39.5 | 633.7% |
| Canada | 12.0 | 20.9 | 39.0 | 19.2 | 17.0% |
| Georgia | 32.4 | 27.5 | 16.6 | 18.0 | -17.8% |
| Belarus | 18.3 | 18.3 | 25.6 | 17.3 | -1.9% |
| Israel | 29.9 | 15.7 | 11.3 | 16.6 | -17.8% |
| Others | 13.7 | 40.5 | 45.3 | 28.2 | 27.2% |
| Total | 513 | 277 | 404 | 713 | 11.6% |
Top Export Markets for Preserved Sauerkraut from Azerbaijan in 2022:
- Russia (461.3 tons)
- United States (27.6 tons)
- United Arab Emirates (22.4 tons)
- Georgia (10.5 tons)
- Belarus (10.0 tons)
- Canada (9.9 tons)
- Israel (7.3 tons)
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