Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Azerbaijan - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Azerbaijan (CIF) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Azerbaijan
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Azerbaijan (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,460 per ton in 2022, surging by 15% against the previous year. Overall, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2016 an increase of 181% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,087 per ton), while the price for Argentina ($1,180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Azerbaijan
In 2022, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into Azerbaijan surged to 140 tons, growing by 18% against the previous year's figure. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $205K in 2022. The total import value increased at an average annual rate of +12.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 81.1 | 120 | 93.2 | 137 | 19.1% |
| Argentina | 36.6 | 45.9 | 49.5 | 61.0 | 18.6% |
| Finland | 4.7 | 6.1 | 2.6 | 1.3 | -34.8% |
| United States | 13.6 | N/A | N/A | N/A | 0% |
| Others | 8.0 | 13.1 | 6.1 | 4.9 | -15.1% |
| Total | 144 | 186 | 151 | 205 | 12.5% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Azerbaijan in 2022:
- Russia (85.7 tons)
- Argentina (51.7 tons)
- Finland (0.8 tons)
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This report provides an in-depth analysis of the market for flaked or rolled cereal in Azerbaijan.
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This report provides an in-depth analysis of the market for corn flakes and cereal products in Azerbaijan.
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This report provides an in-depth analysis of the global market for flaked or rolled cereal.
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