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Azerbaijan - Cherries (Sour) - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Sour Cherry Market Overview 2020

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Sour Cherry Market Size in Azerbaijan

The revenue of the sour cherry market in Azerbaijan amounted to $X in 2018, jumping by X% against the previous year. In general, sour cherry consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. In that year, the sour cherry market reached its peak level of $X. From 2016 to 2018, the growth of the sour cherry market remained at a somewhat lower figure.

Sour Cherry Production in Azerbaijan

In value terms, sour cherry production amounted to $X in 2018 estimated in export prices. Overall, sour cherry production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. In that year, sour cherry production reached its peak level of $X. From 2016 to 2018, sour cherry production growth failed to regain its momentum.

In 2018, the average yield of sour cherries in Azerbaijan stood at X tonne per ha, going up by X% against the previous year. The yield figure 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 was the most pronounced in 2012 with an increase of X% y-o-y. Sour cherry yield peaked in 2018 and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of sour cherries production in Azerbaijan totaled X ha, growing by X% against the previous year. Over the period under review, the total harvested area indicated a resilient expansion from 2007 to 2018: its figure 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, sour cherry harvested area increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2010 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to sour cherry production attained its maximum in 2018 and is expected to retain its growth in the immediate term.

Sour Cherry Exports

Exports from Azerbaijan

In 2018, the sour cherry exports from Azerbaijan stood at X tonnes, declining by -X% against the previous year. Overall, sour cherry exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, sour cherry exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, sour cherry exports stood at $X in 2018. Over the period under review, sour cherry exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, sour cherry exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Russia (X tonnes) was the main destination for sour cherry exports from Azerbaijan, accounting for a X% share of total exports. Moreover, sour cherry exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tonnes), eightfold. The third position in this ranking was occupied by the United Arab Emirates (X kg), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Russia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-X% per year) and the United Arab Emirates (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Russia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and Kazakhstan (-X% per year).

Export Prices by Country

In 2018, the average sour cherry export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sour cherry export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% year-to-year. In that year, the average export prices for sour cherries reached their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average export prices for sour cherries failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Maldives ($X per tonne), while the average price for exports to Kazakhstan ($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 Russia, while the prices for the other major destinations experienced mixed trend patterns.

Sour Cherry Imports

Imports into Azerbaijan

In 2018, the amount of sour cherries imported into Azerbaijan stood at X tonnes, going up by X% against the previous year. Over the period under review, sour cherry imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, sour cherry imports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, sour cherry imports amounted to $X in 2018. Overall, sour cherry imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. In that year, sour cherry imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Turkey (X tonnes) constituted the largest supplier of sour cherry to Azerbaijan, accounting for a approx. X% share of total imports.

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

In value terms, Turkey ($X) constituted the largest supplier of sour cherry to Azerbaijan.

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

Import Prices by Country

In 2018, the average sour cherry import price amounted to $X per tonne, lowering by -X% against the previous year. Overall, the sour cherry import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. In that year, the average import prices for sour cherries reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for sour cherries failed to regain its momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2007 to 2018, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Source: IndexBox AI Platform

Product coverage:
• FCL 530 - Sour cherries

This report provides an in-depth analysis of the sour cherry 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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