Price for Flour and Meal; of Potatoes in Azerbaijan - 2023

Price for Flour and Meal; of Potatoes in Azerbaijan (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $1,585 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 29%. The import price peaked at $2,262 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 Turkey.

From 2016 to 2022, the rate of growth in terms of prices for Turkey amounted to -1.1% per year.

Imports of Flour and Meal; of Potatoes in Azerbaijan

In 2022, approx. 2 tons of flour and meal; of potatoeses were imported into Azerbaijan; reducing by -49.8% against 2021 figures. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 26,693%. As a result, imports reached the peak of 4 tons, and then reduced dramatically in the following year.

In value terms, flour and meal; of potatoes imports dropped significantly to $3.2K in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 22,632% against the previous year. As a result, imports reached the peak of $6.4K, and then fell notably in the following year.