Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan (CIF) - 2022
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan (FOB) - 2022
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan (CIF) - 2022
The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,487 per ton in 2022, waning by -4.6% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen increased by +15.8% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $1,560 per ton, and then declined 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 China ($2,138 per ton), while the price for Iran ($1,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan (FOB) - 2022
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,263 per ton in 2022, with an increase of 12% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen increased by +26.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 72%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
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 Georgia amounted to +13.0% per year.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan
In 2022, approx. 355 tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were imported into Azerbaijan; jumping by 62% compared with the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $528K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +58.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 30.5 | 25.7 | 48.4 | 177 | 79.7% |
| Poland | 21.9 | 37.0 | 26.7 | 109 | 70.7% |
| Turkey | 45.4 | 49.7 | 30.3 | 88.6 | 25.0% |
| China | 41.4 | 39.4 | 28.5 | 47.0 | 4.3% |
| India | 0.4 | 1.0 | 2.7 | 33.0 | 335.3% |
| Iran | 61.2 | 59.2 | 36.1 | 21.3 | -29.7% |
| France | 11.1 | 6.4 | 7.9 | 17.1 | 15.5% |
| Pakistan | 10.4 | 10.0 | 10.0 | N/A | -1.9% |
| Others | 145 | 104 | 150 | 34.7 | -37.9% |
| Total | 367 | 332 | 341 | 528 | 12.9% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Azerbaijan in 2022:
- Belgium (140.2 tons)
- Poland (70.9 tons)
- Turkey (55.1 tons)
- India (24.3 tons)
- China (22.0 tons)
- Iran (18.4 tons)
- France (9.8 tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan
Exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen from Azerbaijan contracted remarkably to 160 kg in 2022, which is down by -80.9% compared with the previous year. Over the period under review, exports recorded a precipitous setback. The smallest decline of -56.3% was in 2020.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen declined sharply to $202 in 2022. Overall, exports recorded a sharp decline. The smallest decline of -53.7% was in 2021.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 0.2 | 0% |
| Russia | 1.4 | 0.7 | 0.3 | N/A | -53.7% |
| Georgia | 3.0 | 1.4 | 0.6 | N/A | -55.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 2.0 | 0.9 | 0.2 | -64.3% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Azerbaijan in 2022:
- Qatar (160.0 kg)
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