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Azerbaijan - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Apricot Market Overview 2020

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Apricot Market Size in Azerbaijan

The revenue of the apricot market in Azerbaijan amounted to $X in 2018, rising by X% against the previous year. In general, apricot consumption continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the apricot market reached its maximum level in 2018 and is expected to retain its growth in the near future.

Apricot Production in Azerbaijan

In value terms, apricot production stood at $X in 2018 estimated in export prices. In general, apricot production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Apricot production peaked in 2018 and is expected to retain its growth in the near future.

Average yield of apricots in Azerbaijan totaled X tonne per ha in 2018, flattening at the previous year. Overall, the apricot yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, the average apricot yield attained its maximum level at X tonne per ha in 2008; however, from 2009 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of apricots were harvested in Azerbaijan; picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to apricot production reached its maximum in 2018 and is expected to retain its growth in the near future.

Apricot Exports

Exports from Azerbaijan

In 2018, the amount of apricots exported from Azerbaijan totaled X tonnes, surging by X% against the previous year. Over the period under review, apricot exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, apricot exports amounted to $X in 2018. In general, apricot exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, apricot exports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Russia (X tonnes) was the main destination for apricot exports from Azerbaijan, with a X% share of total exports. Moreover, apricot exports to Russia exceeded the volume sent to the second major destination, Georgia (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume to Russia amounted to +X%.

In value terms, Russia ($X) remains the key foreign market for apricot exports from Azerbaijan, comprising X% of total apricot exports. The second position in the ranking was occupied by Georgia ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Russia stood at +X%.

Export Prices by Country

In 2018, the average apricot export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apricot export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, the average export prices for apricots reached their peak figure in 2018 and is expected to retain its growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was Russia ($X per tonne), while the average price for exports to Georgia stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia.

Apricot Imports

Imports into Azerbaijan

Apricot imports into Azerbaijan amounted to X tonnes in 2018, rising by X% against the previous year. In general, apricot imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, apricot imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, apricot imports stood at $X in 2018. In general, apricot imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, apricot imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Turkey (X tonnes) was the main apricot supplier to Azerbaijan, accounting for a X% share of total imports. It was followed by Uzbekistan (X tonnes), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Turkey totaled +X%.

In value terms, Turkey ($X) constituted the largest supplier of apricot to Azerbaijan, comprising X% of total apricot imports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Turkey totaled +X%.

Import Prices by Country

In 2018, the average apricot import price amounted to $X per tonne, coming down by -X% against the previous year. Overall, the apricot import price, however, continues to indicate a slight increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for apricots attained their maximum at $X per tonne in 2017, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Uzbekistan ($X per tonne), while the price for Turkey stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Uzbekistan.

Source: IndexBox AI Platform

Product coverage:
• FCL 526 - Apricots

This report provides an in-depth analysis of the apricot 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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