Report Update Apr 1, 2024

Azerbaijan - Frozen Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Market Size in Azerbaijan

The Azerbaijani frozen chicken cut market soared to $X in 2022, increasing by 31% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.5% against 2019 indices. Frozen chicken cut consumption peaked in 2022 and is expected to retain growth in the near future.

Frozen Chicken Cut Production in Azerbaijan

In value terms, frozen chicken cut production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep slump. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Frozen Chicken Cut Exports

Exports from Azerbaijan

In 2022, the amount of frozen cuts of chicken exported from Azerbaijan surged to X tons, with an increase of 118% compared with 2021 figures. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 118% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, frozen chicken cut exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 411%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Belarus (X tons) was the main destination for frozen chicken cut exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to Belarus amounted to +117.6%.

In value terms, Belarus ($X) also remains the key foreign market for frozen cuts of chicken exports from Azerbaijan.

From 2014 to 2022, the average annual growth rate of value to Belarus amounted to +142.8%.

Export Prices by Country

The average frozen chicken cut export price stood at $X per ton in 2022, growing by 12% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 134% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2014 to 2022, the rate of growth in terms of prices for Belarus amounted to +11.5% per year.

Frozen Chicken Cut Imports

Imports into Azerbaijan

Frozen chicken cut imports into Azerbaijan expanded markedly to X tons in 2022, growing by 9.7% on 2021. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 236% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, frozen chicken cut imports skyrocketed to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 238%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest frozen chicken cut supplier to Azerbaijan, with a 63% share of total imports. Moreover, frozen chicken cut imports from Ukraine exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by Georgia (X tons), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Ukraine amounted to +134.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+87.6% per year) and Georgia (+132.4% per year).

In value terms, the largest frozen chicken cut suppliers to Azerbaijan were Ukraine ($X), Russia ($X) and Georgia ($X), with a combined 94% share of total imports.

Ukraine, with a CAGR of +153.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average frozen chicken cut import price amounted to $X per ton, picking up by 19% against the previous year. Overall, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 59%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.6%), 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 frozen cuts of chicken in the world?

China remains the largest frozen chicken cut consuming country worldwide, comprising approx. 20% of total volume. Moreover, frozen chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Indonesia ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of frozen cuts of chicken in the world?

The countries with the highest volumes of production in 2022 were the United States, Brazil and China, with a combined 48% share of global production. India, Russia, Poland, Indonesia, Thailand, the Netherlands, Iran and Mexico lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of frozen cuts of chicken to Azerbaijan?

In value terms, the largest frozen chicken cut suppliers to Azerbaijan were Ukraine, Russia and Georgia, with a combined 94% share of total imports.

What are the leading importers of frozen cuts of chicken from Azerbaijan?

In value terms, Belarus remains the key foreign market for frozen cuts of chicken exports from Azerbaijan.

What is the average export price for frozen cuts of chicken in Azerbaijan?

The average frozen chicken cut export price stood at $1,056 per ton in 2022, picking up by 12% against the previous year.

What is the average import price for frozen cuts of chicken in Azerbaijan?

The average frozen chicken cut import price stood at $1,574 per ton in 2022, with an increase of 19% against the previous year.

This report provides an in-depth analysis of the frozen chicken cut 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:

Prodcom 10122053 - Frozen cuts of chicken

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

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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:

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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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023