Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Azerbaijan - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Azerbaijan (CIF) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Azerbaijan
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Azerbaijan (CIF) - 2022
In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $282 per ton, which is down by -21.1% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 71% against the previous year. Over the period under review, average import prices attained the maximum at $435 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.8% per year.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Azerbaijan
In 2022, approx. 8.2K tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were imported into Azerbaijan; jumping by 2,477% against the previous year. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 129,082%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) soared to $2.3M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 105,893%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Russia | N/A | 0.1 | 2.3 | 2200.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | 0.1 | 2.3 | 2200.0% | |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Azerbaijan in 2022:
- Russia (8.2K tons)
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