Price for Fish Meal; Fit for Human Consumption in Azerbaijan - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Azerbaijan (CIF) - 2022
2. Imports of Fish Meal; Fit for Human Consumption in Azerbaijan

Price for Fish Meal; Fit for Human Consumption in Azerbaijan (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $71,640 per ton, approximately reflecting the previous year. Over the period under review, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2018 an increase of 159% against the previous year. The import price peaked at $95,040 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2016 to 2022, the rate of growth in terms of prices for Norway amounted to +17.5% per year.

Imports of Fish Meal; Fit for Human Consumption in Azerbaijan

In 2022, the amount of fish meal; fit for human consumptia imported into Azerbaijan was estimated at 150 kg, remaining relatively unchanged against the previous year. Over the period under review, imports enjoyed significant growth. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fish meal; fit for human consumptia amounted to $11K in 2022. In general, imports continue to indicate a significant increase. The smallest decline of -3.8% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Fish Meal; Fit for Human Consumption to Azerbaijan in 2022:

1. Norway (150.0 kg)

Source: IndexBox Market Intelligence Platform