Azerbaijan: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Azerbaijan

After two years of growth, the Azerbaijani cherry and sour cherry market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Cherry and sour cherry consumption peaked at $X in 2021, and then dropped significantly in the following year.

Production of Cherries and Sour Cherries in Azerbaijan

In value terms, cherry and sour cherry production rose modestly to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of cherries and sour cherries in Azerbaijan was estimated at X tons per ha in 2022, remaining stable against 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the average cherry and sour cherry yield attained the peak level at X tons per ha in 2020; however, from 2021 to 2022, the 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 2022, the total area harvested in terms of cherries and sour cherries production in Azerbaijan stood at X ha, stabilizing at the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The cherry and sour cherry harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Exports of Cherries and Sour Cherries

Exports from Azerbaijan

Cherry and sour cherry exports from Azerbaijan surged to X tons in 2022, jumping by X% against the previous year's figure. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cherry and sour cherry exports surged to $X in 2022. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for cherry and sour cherry exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to X%.

In value terms, Russia ($X) also remains the key foreign market for cherries and sour cherries exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%.

Export Prices by Country

The average cherry and sour cherry export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 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 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Imports of Cherries and Sour Cherries

Imports into Azerbaijan

In 2022, supplies from abroad of cherries and sour cherries decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cherry and sour cherry imports plummeted to $X in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Iran (X tons) constituted the largest supplier of cherry and sour cherry to Azerbaijan, with a X% share of total imports. Moreover, cherry and sour cherry imports from Iran exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Iran amounted to X%.

In value terms, Iran ($X) constituted the largest supplier of cherries and sour cherries to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Iran totaled X%.

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Iran stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%).

Source: IndexBox Platform

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