Azerbaijan - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSweet Biscuit Price in Azerbaijan - 2023
Contents:
- Sweet Biscuit Price in Azerbaijan (CIF) - 2023
- Sweet Biscuit Price in Azerbaijan (FOB) - 2022
- Sweet Biscuit Imports in Azerbaijan
- Sweet Biscuit Exports in Azerbaijan
Sweet Biscuit Price in Azerbaijan (CIF) - 2023
The average sweet biscuit import price stood at $1,954 per ton in September 2023, with an increase of 9.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 18% m-o-m. The import price peaked at $2,480 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($3,824 per ton), while the price for Iran ($810 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sweet Biscuit Price in Azerbaijan (FOB) - 2022
The average sweet biscuit export price stood at $1,480 per ton in 2022, jumping by 35% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sweet biscuit export price increased by +72.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 88%. Over the period under review, the average export prices hit record highs at $1,534 per ton in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($3,332 per ton), while the average price for exports to Kyrgyzstan ($1,112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+46.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sweet Biscuit Imports in Azerbaijan
In 2022, the amount of sweet biscuits imported into Azerbaijan rose rapidly to 17K tons, with an increase of 12% against the previous year. The total import volume increased at an average annual rate of +10.1% 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 30%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, sweet biscuit imports soared to $35M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +55.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sweet Biscuit in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.5 | 7.6 | 9.3 | 13.6 | 21.9% |
| Russia | 6.7 | 5.8 | 7.4 | 8.0 | 6.1% |
| Iran | 2.9 | 2.2 | 3.9 | 5.7 | 25.3% |
| Ukraine | 3.1 | 3.2 | 4.0 | 2.3 | -9.5% |
| Kazakhstan | 1.2 | 1.7 | 2.0 | 1.4 | 5.3% |
| Others | 2.0 | 1.8 | 2.2 | 3.5 | 20.5% |
| Total | 23.4 | 22.2 | 28.7 | 34.5 | 13.8% |
Top Suppliers of Sweet Biscuit to Azerbaijan in 2022:
- Iran (7.0K tons)
- Turkey (4.7K tons)
- Russia (3.4K tons)
- Ukraine (0.9K tons)
- Kazakhstan (0.4K tons)
Sweet Biscuit Exports in Azerbaijan
In 2022, approx. 540 tons of sweet biscuits were exported from Azerbaijan; picking up by 64% compared with 2021 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, sweet biscuit exports soared to $799K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sweet Biscuit in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 31.8 | 31.2 | 127 | 356 | 123.7% |
| Kazakhstan | 0.6 | N/A | 0.3 | 111 | 469.8% |
| Uzbekistan | N/A | 95.9 | 31.7 | 46.9 | -30.1% |
| Russia | 86.4 | 35.0 | 58.0 | 40.8 | -22.1% |
| Kyrgyzstan | N/A | N/A | 32.3 | 34.5 | 6.8% |
| Iraq | N/A | 73.4 | N/A | 33.3 | -32.6% |
| Ukraine | N/A | N/A | 12.0 | 26.4 | 120.0% |
| Yemen | 28.9 | N/A | 24.7 | 10.8 | -28.0% |
| Others | 32.9 | 64.7 | 74.3 | 139 | 61.7% |
| Total | 181 | 300 | 360 | 799 | 64.0% |
Top Export Markets for Sweet Biscuit from Azerbaijan in 2022:
- Georgia (294.0 tons)
- Kazakhstan (34.4 tons)
- Kyrgyzstan (31.0 tons)
- Uzbekistan (29.9 tons)
- Russia (28.1 tons)
- Iraq (25.7 tons)
- Ukraine (22.7 tons)
- Yemen (3.2 tons)
This report provides an in-depth analysis of the sweet biscuit market 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:
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
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
-
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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