Azerbaijan: Meat And Poultry Market 2024

Meat And Poultry Market Size in Azerbaijan

The Azerbaijani meat and poultry market rose slightly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Meat And Poultry Production in Azerbaijan

In value terms, meat and poultry production soared to $X in 2022 estimated in export price. In general, the total production indicated a modest 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 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average meat and poultry yield in Azerbaijan was estimated at X kg per head, approximately mirroring 2021 figures. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. The meat and poultry yield peaked at X kg per head in 2016; however, from 2017 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for meat and poultry production in Azerbaijan reduced to X heads, with a decrease of X% on 2021. This number 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. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2021, and then contracted slightly in the following year.

Meat And Poultry Exports

Exports from Azerbaijan

Meat and poultry exports from Azerbaijan surged to X tons in 2022, increasing by X% compared with the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, meat and poultry exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Belarus (X tons) was the main destination for meat and poultry exports from Azerbaijan, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus totaled X%.

In value terms, Belarus ($X) also remains the key foreign market for meat and poultry exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Belarus amounted to X%.

Export Prices by Country

In 2022, the average meat and poultry export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 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 Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to X% per year.

Meat And Poultry Imports

Imports into Azerbaijan

In 2022, overseas purchases of meat and poultry were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, meat and poultry imports soared to $X in 2022. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest meat and poultry supplier to Azerbaijan, accounting for a X% share of total imports. Moreover, meat and poultry imports from Ukraine exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was taken by Belarus (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Ukraine stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Belarus (X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of meat and poultry to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with an X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Belarus (X% per year).

Import Prices by Country

The average meat and poultry import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price 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, meat and poultry import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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