Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Azerbaijan - 2023

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Azerbaijan (CIF) - 2022
  2. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Azerbaijan

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Azerbaijan (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,145 per ton, with an increase of 21% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 63% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,166 per ton), while the price for Iran totaled $900 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.2%).

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Azerbaijan

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses imported into Azerbaijan soared to 7.3 tons, picking up by 30% against 2021. In general, imports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2020 with an increase of 383%. As a result, imports attained the peak of 38 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses surged to $8.4K in 2022. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of 451%. As a result, imports reached the peak of $29K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.328.74.37.311.3%
IranN/AN/AN/A0.90%
OthersN/A0.51.00.2-36.8%
Total5.329.25.38.416.6%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Azerbaijan in 2022:

  1. Russia (6.3 tons)
  2. Iran (1.0 tons)

Source: IndexBox Market Intelligence Platform

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