Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan - 2023

Contents:

  1. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan (CIF) - 2022
  2. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan (FOB) - 2022
  3. Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan
  4. Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan (CIF) - 2022

The average import price for vegetables; celery (other than celeriac), fresh or chilleds stood at $764 per ton in 2022, reducing by -8.3% against the previous year. Over the last six years, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2019 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $925 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,000 per ton), while the price for Iran ($700 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan (FOB) - 2022

The average export price for vegetables; celery (other than celeriac), fresh or chilleds stood at $900 per ton in 2022, leveling off at the previous year. Over the period under review, the export price showed a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 14% against the previous year. The export price peaked at $1,400 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2014 to 2022, the rate of growth in terms of prices for Russia amounted to -5.4% per year.

Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan

In 2022, approx. 122 tons of vegetables; celery (other than celeriac), fresh or chilleds were imported into Azerbaijan; picking up by 9.9% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vegetables; celery (other than celeriac), fresh or chilleds stood at $93K in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran17.136.444.367.157.7%
Netherlands4.315.525.024.678.8%
Spain50.723.923.21.1-72.1%
Others0.71.6N/A0.3-24.6%
Total72.777.492.593.28.6%

Top Suppliers of Vegetables; Celery (Other than Celeriac), Fresh or Chilled to Azerbaijan in 2022:

  1. Iran (95.9 tons)
  2. Netherlands (24.6 tons)
  3. Spain (1.1 tons)

Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan

In 2022, the amount of vegetables; celery (other than celeriac), fresh or chilleds exported from Azerbaijan soared to 1.8 tons, with an increase of 19% compared with the previous year. Overall, exports, however, recorded a significant curtailment.

In value terms, exports of vegetables; celery (other than celeriac), fresh or chilleds soared to $1.6K in 2022. In general, exports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10.14.61.41.6-45.9%
GeorgiaN/A8.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.113.41.41.6-45.9%

Top Export Markets for Vegetables; Celery (Other than Celeriac), Fresh or Chilled from Azerbaijan in 2022:

  1. Russia (1.8 tons)

Source: IndexBox Market Intelligence Platform

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