
Azerbaijan - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Mustard Seed Market 2022
Mustard Seed Market Size in Azerbaijan
In 2021, the Azerbaijani mustard seed market increased by X% to $X, rising for the fourth consecutive year after four years of decline. Overall, consumption enjoyed a significant expansion. Mustard seed consumption peaked in 2021 and is likely to see gradual growth in the near future.
Mustard Seed Imports
Imports into Azerbaijan
In 2021, overseas purchases of mustard seed increased by X% to X tons, rising for the fourth consecutive year after four years of decline. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.
In value terms, mustard seed imports skyrocketed to $X in 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.
Imports by Country
Ukraine (X tons), India (X tons) and Pakistan (X tons) were the main suppliers of mustard seed imports to Azerbaijan, together comprising X% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Ukraine ($X) constituted the largest supplier of mustard seed to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Ukraine was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Pakistan (X% per year).
Import Prices by Country
In 2021, the average mustard seed import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mustard seed 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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