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

Butter Market Size in Azerbaijan

The revenue of the butter market in Azerbaijan amounted to $X in 2018, jumping by X% against the previous year. In general, butter consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Butter consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Butter Production in Azerbaijan

In value terms, butter production amounted to $X in 2018 estimated in export prices. Over the period under review, butter production continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. In that year, butter production reached its peak level and is likely to continue its growth in the immediate term.

Butter Exports

Exports from Azerbaijan

In 2018, approx. X tonnes of butter were exported from Azerbaijan; growing by X% against the previous year. Over the period under review, butter exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, butter exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, butter exports totaled $X in 2018. Overall, butter exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, butter exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+X% per year) and Georgia (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+X% per year) and Georgia (+X% per year).

Export Prices by Country

In 2018, the average butter export price amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the butter export price continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. In that year, the average export prices for butter reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Iraq ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Iraq, while the prices for the other major destinations experienced mixed trend patterns.

Butter Imports

Imports into Azerbaijan

Butter imports into Azerbaijan totaled X tonnes in 2018, falling by -X% against the previous year. Overall, butter imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, butter imports stood at $X in 2018. Overall, butter imports continue to indicate slight growth. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. In that year, butter imports reached their peak of $X. From 2016 to 2018, the growth of butter imports failed to regain its momentum.

Imports by Country

In 2018, New Zealand (X tonnes) constituted the largest butter supplier to Azerbaijan, accounting for a X% share of total imports. Moreover, butter imports from New Zealand exceeded the figures recorded by the second-largest supplier, Ukraine (X tonnes), sixfold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from New Zealand amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+X% per year) and Russia (+X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of butter to Azerbaijan, comprising X% of total butter imports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from New Zealand stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+X% per year) and Finland (+X% per year).

Import Prices by Country

In 2018, the average butter import price amounted to $X per tonne, rising by X% against the previous year. In general, the butter import price continues to indicate prominent growth. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The import price peaked in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Finland ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 886 - Butter of Cow Milk

This report provides an in-depth analysis of the butter 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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