Report Update May 1, 2024

Azerbaijan - Freshwater Fish - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Freshwater Fish Market 2024

Freshwater Fish Market Size in Azerbaijan

The Azerbaijani freshwater fish market reduced dramatically to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed significant growth. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Freshwater Fish Exports

Exports from Azerbaijan

In 2022, overseas shipments of freshwater fish decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, freshwater fish exports amounted to $X in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for freshwater fish exports from Azerbaijan, with a X% share of total exports. Moreover, freshwater fish exports to Turkey exceeded the volume sent to the second major destination, Russia (X tons), twofold.

From 2019 to 2022, the average annual growth rate of volume to Turkey stood at X%.

In value terms, the largest markets for freshwater fish exported from Azerbaijan were Turkey ($X) and Russia ($X).

Among the main countries of destination, Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average freshwater fish export price amounted to $X per ton, flattening at the previous year. In general, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2020 when the average export price decreased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkey totaled $X per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%).

Freshwater Fish Imports

Imports into Azerbaijan

Freshwater fish imports into Azerbaijan reduced dramatically to X tons in 2022, shrinking by X% against the year before. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, freshwater fish imports reduced notably to $X in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, Iran (X tons) constituted the largest supplier of freshwater fish to Azerbaijan, accounting for a X% share of total imports. Moreover, freshwater fish imports from Iran exceeded the figures recorded by the second-largest supplier, Georgia (X tons), fivefold.

From 2013 to 2022, the average annual rate of growth in terms of volume from Iran amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (X% per year) and Russia (X% per year).

In value terms, Iran ($X) constituted the largest supplier of freshwater fish to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Georgia ($X), with a X% share of total imports.

From 2013 to 2022, the average annual growth rate of value from Iran amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (X% per year) and Russia (X% per year).

Import Prices by Country

The average freshwater fish import price stood at $X per ton in 2022, declining by X% against the previous year. In general, import price indicated a remarkable increase from 2013 to 2022: its price increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted in the following year.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for freshwater fish in the world?

The countries with the highest volumes of consumption in 2022 were Hong Kong SAR, China and South Korea, with a combined 36% share of global consumption. Myanmar, the Philippines, Thailand, Indonesia, France, Japan, Malaysia, Germany, Spain and Bangladesh lagged somewhat behind, together accounting for a further 39%.

What are the largest producers of freshwater fish in the world?

The country with the largest volume of freshwater fish production was China, comprising approx. 31% of total volume. Moreover, freshwater fish production in China exceeded the figures recorded by the second-largest producer, Myanmar, threefold. The Philippines ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of freshwater fish to Azerbaijan?

In value terms, Iran constituted the largest supplier of freshwater fish to Azerbaijan, comprising 77% of total imports. The second position in the ranking was taken by Georgia, with a 15% share of total imports.

What are the leading importers of freshwater fish from Azerbaijan?

In value terms, Turkey and Russia constituted the largest markets for freshwater fish exported from Azerbaijan worldwide.

What is the average export price for freshwater fish in Azerbaijan?

In 2022, the average freshwater fish export price amounted to $34,168 per ton, almost unchanged from the previous year.

What is the average import price for freshwater fish in Azerbaijan?

In 2022, the average freshwater fish import price amounted to $2,037 per ton, declining by -6.1% against the previous year.

This report provides an in-depth analysis of the freshwater fish 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.

Product coverage:

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023