Azerbaijan: Root And Tuber Market 2024

Root And Tuber Market Size in Azerbaijan

The Azerbaijani root and tuber market dropped slightly to $X in 2022, approximately equating 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 only minor fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Root And Tuber Production in Azerbaijan

In value terms, root and tuber production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average yield of roots and tubers in Azerbaijan shrank to X tons per ha, waning by X% compared with the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The root and tuber yield peaked at X tons per ha in 2021, and then reduced in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the root and tuber harvested area in Azerbaijan reached X ha, flattening at 2021 figures. In general, the harvested area, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. The root and tuber harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Root And Tuber Exports

Exports from Azerbaijan

In 2022, after two years of growth, there was significant decline in shipments abroad of roots and tubers, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed temperate growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined significantly in the following year.

In value terms, root and tuber exports dropped to $X in 2022. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Russia (X tons) was the main destination for root and tuber exports from Azerbaijan, accounting for a X% share of total exports. It was followed by Belarus (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

In value terms, Russia ($X) remains the key foreign market for roots and tubers exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a notable 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, root and tuber export price increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into Azerbaijan

In 2022, the amount of roots and tubers imported into Azerbaijan dropped to X tons, with a decrease of X% against 2021. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, root and tuber imports amounted to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Iran (X tons) and Turkey (X tons) were the main suppliers of root and tuber imports to Azerbaijan, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest root and tuber suppliers to Azerbaijan were Russia ($X), Iran ($X) and Turkey ($X), together comprising X% of total imports. Pakistan, Georgia, Belarus and Ukraine lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Pakistan, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 root and tuber import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belarus ($X per ton) and Ukraine ($X per ton), while the price for Iran ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 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) :