Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan (CIF) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,644 per ton in December 2023, increasing by 13% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 139% against the previous month. As a result, import price reached the peak level of $7,721 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($3,434 per ton), while the price for Iran ($1,246 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 Iran (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1,679 per ton, shrinking by -79.9% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2019 an increase of 220% against the previous year. Over the period under review, the average export prices reached the maximum at $8,358 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,000 per ton), while the average price for exports to Turkey totaled $1,540 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+27.4%).
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan
In 2022, imports of soups and broths and preparations therefor; homogenised composite food preparationses into Azerbaijan soared to 918 tons, growing by 17% compared with the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $2.7M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 901 | 1,027 | 1,166 | 1,620 | 21.6% |
| Turkey | 752 | 675 | 818 | 939 | 7.7% |
| Iran | 11.2 | N/A | 62.2 | 110 | 114.2% |
| Others | 56.2 | 37.6 | 37.6 | 42.5 | -8.9% |
| Total | 1,720 | 1,740 | 2,084 | 2,711 | 16.4% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Azerbaijan in 2022:
- Russia (484.0 tons)
- Turkey (302.7 tons)
- Iran (121.9 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan
In 2022, shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -72.5% to 53 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,657%. As a result, the exports attained the peak of 193 kg, and then dropped markedly in the following year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses declined sharply to $89 in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 3,933% against the previous year. As a result, the exports attained the peak of $1.6K, and then reduced notably in the following year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 77.0 | 0% |
| Qatar | N/A | N/A | N/A | 12.0 | 0% |
| Russia | N/A | N/A | 1,613 | N/A | 0% |
| Norway | N/A | 40.0 | N/A | N/A | 0% |
| Georgia | 10.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.0 | 40.0 | 1,613 | 89.0 | 107.2% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Azerbaijan in 2022:
- Turkey (50.0 kg)
- Qatar (3.0 kg)
584
This report provides an in-depth analysis of the canned food market in Azerbaijan.
250
This report provides an in-depth analysis of the soups market in Azerbaijan.
305
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Azerbaijan.
2102
This report provides an in-depth analysis of the global canned food market.
1434
This report provides an in-depth analysis of the global soups market.
559
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
584
This report provides an in-depth analysis of the canned food market in Azerbaijan.
250
This report provides an in-depth analysis of the soups market in Azerbaijan.
2102
This report provides an in-depth analysis of the global canned food market.
1434
This report provides an in-depth analysis of the global soups market.
1284
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
986
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
1662
Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
92
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.
253
Soups are one of the most popular food products worldwide, providing a convenient and nutritious option for consumers. This article explores the top import markets for soups, including the United States, Canada, Mexico, Germany, and the Netherlands. These countries offer lucrative opportunities for soup manufacturers and exporters due to factors such as busy lifestyles, diverse consumer preferences, and growing health consciousness. Utilizing market intelligence platforms like IndexBox can further enhance success in these markets.
264
Explore the top import markets for hot-dipped metal-coated sheet, including the United States, Germany, Belgium, and more. Discover key statistics and data from the IndexBox market intelligence platform.
1284
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
986
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
1662
Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
92
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.
