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Azerbaijan - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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Azerbaijan: Extracts Of Tea Market Overview 2021

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Extracts Of Tea Market Size in Azerbaijan

For the third consecutive year, the Azerbaijani extracts of tea market recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2014 to 2020, the growth of the market remained at a lower figure.

Extracts Of Tea Production in Azerbaijan

In value terms, extracts of tea production dropped modestly to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a slight decline. The pace of growth was the most pronounced in 2013 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2014 to 2020, production growth failed to regain the momentum.

Extracts Of Tea Exports

Exports from Azerbaijan

In 2020, the amount of extracts, essences and concentrates of tea or mate exported from Azerbaijan was estimated at X tonnes, stabilizing at 2019 figures. Overall, exports continue to indicate a relatively flat trend pattern. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, extracts of tea exports totaled $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia (X tonnes) and Iraq (X tonnes) were the main destinations of extracts of tea exports from Azerbaijan.

From 2007 to 2020, the biggest increases were in Iraq.

From 2007 to 2020, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average extracts of tea export price stood at $X per tonne in 2020, flattening at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Russia ($X per tonne), while the average price for exports to Iraq stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Iraq.

Extracts Of Tea Imports

Imports into Azerbaijan

In 2020, purchases abroad of extracts, essences and concentrates of tea or mate increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, extracts of tea imports rose sharply to $X in 2020. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of extracts of tea to Azerbaijan, accounting for a X% share of total imports. Moreover, extracts of tea imports from the U.S. exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), fourfold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Turkey (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of extracts of tea to Azerbaijan, comprising X% of total imports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average extracts of tea import price stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the import price, however, continues to indicate temperate growth. The growth pace was the most rapid in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extracts, essences and concentrates of tea or mate in the world?
+
China (177K tonnes) remains the largest extracts of tea consuming country worldwide, accounting for 18% of total volume. Moreover, extracts of tea consumption in China exceeded the figures recorded by the second-largest consumer, India (70K tonnes), threefold. The third position in this ranking was occupied by the U.S. (54K tonnes), with a 5.6% share.
What are the largest producers of extracts, essences and concentrates of tea or mate in the world?
+
China (188K tonnes) remains the largest extracts of tea producing country worldwide, comprising approx. 21% of total volume. Moreover, extracts of tea production in China exceeded the figures recorded by the second-largest producer, India (76K tonnes), twofold. The third position in this ranking was occupied by Japan (38K tonnes), with a 4.1% share.
What are the leading suppliers of extracts, essences and concentrates of tea or mate to Azerbaijan?
+
In value terms, the U.S. ($347K) constituted the largest supplier of extracts of tea to Azerbaijan, comprising 68% of total imports. The second position in the ranking was occupied by Ireland ($83K), with a 16% share of total imports. It was followed by the Netherlands, with a 8.1% share.
What is the average export price for extracts, essences and concentrates of tea or mate in Azerbaijan?
+
In 2020, the average extracts of tea export price amounted to $4,023 per tonne, leveling off at the previous year.
What is the average import price for extracts, essences and concentrates of tea or mate in Azerbaijan?
+
In 2020, the average extracts of tea import price amounted to $1,992 per tonne, falling by -6.1% against the previous year.

Product coverage:
• Prodcom 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate

This report provides an in-depth analysis of the extracts of tea 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 2025.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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