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Azerbaijan - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Dry Peas Market Overview 2021

Dry Peas Market Size in Azerbaijan

The Azerbaijani dry peas market declined rapidly to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2018 to 2020, the growth of the market failed to regain the momentum.

Dry Peas Production in Azerbaijan

In value terms, dry peas production reduced to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Dry peas production peaked at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

In 2020, the average yield of peas (dry) in Azerbaijan contracted to X tonnes per ha, therefore, remained relatively stable against the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X% year-to-year. The dry peas yield peaked at X tonnes per ha in 2008; however, from 2009 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The dry peas harvested area in Azerbaijan expanded significantly to X ha in 2020, growing by X% on the previous year's figure. Overall, the harvested area enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% y-o-y. As a result, the harvested area reached the peak level of X ha. from 2018 to 2020, the growth of the dry peas harvested area failed to regain the momentum.

Dry Peas Exports

Exports from Azerbaijan

After two years of growth, overseas shipments of peas (dry) decreased by -X% to X tonnes in 2020. Overall, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2019, and then fell sharply in the following year.

In value terms, dry peas exports plummeted to $X in 2020. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2019, and then declined sharply in the following year.

Exports by Country

Russia (X tonnes) was the main destination for dry peas exports from Azerbaijan, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia stood at +X%.

In value terms, Russia ($X) also remains the key foreign market for dry peas exports from Azerbaijan.

From 2007 to 2020, the average annual growth rate of value to Russia totaled +X%.

Export Prices by Country

The average dry peas export price stood at $X per tonne in 2020, waning by -X% against the previous year. Overall, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to +X% per year.

Dry Peas Imports

Imports into Azerbaijan

In 2020, overseas purchases of peas (dry) decreased by -X% to X tonnes for the first time since 2015, thus ending a four-year rising trend. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2019, and then fell significantly in the following year.

In value terms, dry peas imports reduced rapidly to $X in 2020. In general, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then fell dramatically in the following year.

Imports by Country

In 2020, Russia (X tonnes) was the main supplier of dry peas to Azerbaijan, accounting for a X% share of total imports. Moreover, dry peas imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Russia totaled +X%.

In value terms, Russia ($X) constituted the largest supplier of dry peas to Azerbaijan, comprising X% of total imports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia totaled +X%.

Import Prices by Country

In 2020, the average dry peas import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Ukraine ($X per tonne), while the price for Russia amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in the world?
+
The country with the largest volume of dry peas consumption was China (4.4M tonnes), accounting for 29% of total volume. Moreover, dry peas consumption in China exceeded the figures recorded by the second-largest consumer, Russia (1.9M tonnes), twofold. The third position in this ranking was occupied by India (925K tonnes), with a 6.2% share.
What are the largest producers of peas (dry) in the world?
+
The countries with the highest volumes of dry peas production in 2020 were Canada (4.4M tonnes), Russia (2.6M tonnes) and China (1.5M tonnes), with a combined 57% share of global production.
What are the leading suppliers of peas (dry) to Azerbaijan?
+
In value terms, Russia ($585K) constituted the largest supplier of dry peas to Azerbaijan, comprising 73% of total imports. The second position in the ranking was occupied by Ukraine ($75K), with a 9.3% share of total imports.
What are the leading importers of peas (dry) from Azerbaijan?
+
In value terms, Russia ($125K) remains the key foreign market for dry peas exports from Azerbaijan.
What is the average export price for peas (dry) in Azerbaijan?
+
The average dry peas export price stood at $488 per tonne in 2020, falling by -11.5% against the previous year.
What is the average import price for peas (dry) in Azerbaijan?
+
In 2020, the average dry peas import price amounted to $297 per tonne, with an increase of 28% against the previous year.

Product coverage:
• FCL 187 - Peas, dry

This report provides an in-depth analysis of the dry peas 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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