Price for Citrus Fruits Not Elsewhere Classified in Azerbaijan - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Azerbaijan (FOB) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Azerbaijan (CIF) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in Azerbaijan
- Imports of Citrus Fruits Not Elsewhere Classified in Azerbaijan
Price for Citrus Fruits Not Elsewhere Classified in Azerbaijan (FOB) - 2022
The average export price for citrus fruits not elsewhere classified stood at $2,652 per ton in 2022, shrinking by -7.6% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 131%. Over the period under review, the average export prices attained the peak figure at $3,014 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,674 per ton), while the average price for exports to Turkmenistan stood at $900 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Azerbaijan (CIF) - 2022
In 2022, the average import price for citrus fruits not elsewhere classified amounted to $2,396 per ton, with an increase of 2.1% against the previous year. Overall, the import price recorded strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 118% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($5,463 per ton), while the price for Iran ($971 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Citrus Fruits Not Elsewhere Classified in Azerbaijan
In 2022, overseas shipments of citrus fruits not elsewhere classified decreased by -32.3% to 79 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 21%. As a result, the exports attained the peak of 165 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, citrus fruits not elsewhere classified exports fell notably to $210K in 2022. Overall, exports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of $498K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Citrus Fruits Not Elsewhere Classified in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 331 | 493 | 330 | 209 | -14.2% |
United Arab Emirates | 17.6 | N/A | N/A | N/A | 0% |
Ukraine | 4.9 | 4.5 | 2.8 | N/A | -24.4% |
Others | 1.8 | 0.6 | 3.3 | 1.0 | -17.8% |
Total | 355 | 498 | 336 | 210 | -16.1% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Azerbaijan in 2022:
- Russia (78.3 tons)
Imports of Citrus Fruits Not Elsewhere Classified in Azerbaijan
In 2022, overseas purchases of citrus fruits not elsewhere classified decreased by -60.4% to 19 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports attained the peak of 79 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, citrus fruits not elsewhere classified imports dropped dramatically to $45K in 2022. In general, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year.
Import of Citrus Fruits Not Elsewhere Classified in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.9 | 33.8 | 29.8 | 38.5 | 47.9% |
Iran | 34.8 | 51.6 | N/A | 4.8 | -48.3% |
Thailand | N/A | N/A | 65.9 | N/A | 0% |
Others | N/A | 0.1 | 15.7 | 1.7 | 312.3% |
Total | 46.7 | 85.5 | 111 | 45.1 | -1.2% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Azerbaijan in 2022:
- China (13.5 tons)
- Iran (5.0 tons)
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