Azerbaijan - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan - 2023
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan (CIF) - 2023
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan (FOB) - 2022
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan (CIF) - 2023
The average import price for malt extract and food preparations of flour, meal, and starches stood at $1,546 per ton in December 2023, which is down by -3.5% against the previous month. Over the period under review, the import price recorded a mild downturn. The growth pace was the most rapid in March 2023 when the average import price increased by 22% month-to-month. Over the period under review, average import prices hit record highs at $2,077 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($3,476 per ton), while the price for Russia ($1,320 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Denmark (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan (FOB) - 2022
In 2022, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $1,196 per ton, dropping by -73.1% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2018 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $4,471 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +63.5% per year.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas purchases of malt extract and food preparations of flour, meal, and starches, when their volume decreased by -35.9% to 4.3K tons. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 66%.
In value terms, imports of malt extract and food preparations of flour, meal, and starches dropped sharply to $7.5M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 71%.
| Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.4 | 2.0 | 2.2 | 3.2 | 31.7% |
| Ukraine | 1.0 | 2.6 | 2.8 | 1.6 | 17.0% |
| Denmark | 0.3 | 0.9 | 1.4 | 1.5 | 71.0% |
| Turkey | 0.2 | 0.5 | 0.5 | 0.4 | 26.0% |
| Belarus | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Romania | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 1.4 | 1.5 | 1.9 | 0.4 | -34.1% |
| Total | 4.5 | 7.7 | 9.1 | 7.5 | 18.6% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Azerbaijan in 2022:
- Russia (2165.4 tons)
- Ukraine (897.0 tons)
- Denmark (620.2 tons)
- Turkey (201.6 tons)
- Belarus (141.2 tons)
- Romania (77.8 tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan
For the third consecutive year, Azerbaijan recorded decline in overseas shipments of malt extract and food preparations of flour, meal, and starches, which decreased by -96.8% to 448 kg in 2022. Overall, exports continue to indicate a precipitous descent. The smallest decline of -26.2% was in 2021.
In value terms, exports of malt extract and food preparations of flour, meal, and starches contracted markedly to $536 in 2022. Over the period under review, exports faced a sharp contraction. The smallest decline of -8.1% was in 2020.
| Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | N/A | 0.5 | 0% |
| Russia | 92.4 | 84.9 | 60.7 | N/A | -18.9% |
| Others | N/A | N/A | 1.6 | N/A | 0% |
| Total | 92.4 | 84.9 | 62.3 | 0.5 | -82.4% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Azerbaijan in 2022:
- Iran (448.0 kg)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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