Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan (CIF) - 2022
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $10,001 per ton in 2022, falling by -32.5% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 103%. Over the period under review, average import prices attained the peak figure at $14,806 per ton in 2021, and then contracted rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($29,351 per ton), while the price for Mongolia ($4,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan (FOB) - 2022
The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $19,047 per ton in 2022, increasing by 173% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +6.0% per year.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan
In 2022, approx. 1.8 tons of meat of sheep or goats; fresh, chilled or frozen were imported into Azerbaijan; growing by 82% compared with 2021 figures. Overall, imports, however, faced a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 141% against the previous year. As a result, imports attained the peak of 83 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen surged to $18K in 2022. In general, imports, however, saw a sharp slump. The growth pace was the most rapid in 2020 with an increase of 390% against the previous year. As a result, imports attained the peak of $726K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 3.4 | 4.2 | 0.1 | 12.1 | 52.7% |
| Mongolia | 5.7 | 23.6 | 0.3 | 4.0 | -11.1% |
| Russia | 1.5 | 4.5 | 0.1 | 2.0 | 10.1% |
| Kazakhstan | N/A | 22.2 | N/A | N/A | 0% |
| Argentina | 19.0 | 90.3 | 1.9 | N/A | -68.4% |
| Moldova | 17.2 | N/A | N/A | N/A | 0% |
| Georgia | 9.6 | 51.7 | 1.2 | N/A | -64.6% |
| Saudi Arabia | 71.9 | 486 | 9.7 | N/A | -63.3% |
| Others | 20.0 | 43.7 | 1.5 | N/A | -72.6% |
| Total | 148 | 726 | 14.7 | 18.1 | -50.4% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Azerbaijan in 2022:
- Mongolia (1000.0 kg)
- Luxembourg (413.0 kg)
- Russia (395.0 kg)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan
In 2022, approx. 706 kg of meat of sheep or goats; fresh, chilled or frozen were exported from Azerbaijan; waning by -85.3% against 2021. Overall, exports recorded a significant decline. The smallest decline of -16.8% was in 2021.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen contracted rapidly to $13K in 2022. In general, exports recorded a sharp contraction. The smallest decline of -10.8% was in 2021.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 0.8 | 12.6 | 11.2 | 13.4 | 155.9% |
| Iran | 97.5 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.7 | 25.0 | 22.3 | N/A | 464.4% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 99.3 | 37.6 | 33.6 | 13.4 | -48.7% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Azerbaijan in 2022:
- Qatar (706.0 kg)
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