Azerbaijan: Market for Prepared Or Preserved Crab Meat 2023

Market Size for Prepared Or Preserved Crab Meat in Azerbaijan

The Azerbaijani market for prepared or preserved crab meat was estimated at less than $X in 2021, stabilizing at the previous year. In general, consumption continues to indicate a relatively flat trend pattern.

Production of Prepared Or Preserved Crab Meat in Azerbaijan

In value terms, prepared or preserved crab meat production fell sharply to less than $X in 2021 estimated in export price. In general, production, however, faced a abrupt decrease. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports from Azerbaijan

In 2021, the amount of prepared or preserved crab meat exported from Azerbaijan amounted to less than X kg, remaining constant against the previous year. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, prepared or preserved crab meat exports stood at less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Imports of Prepared Or Preserved Crab Meat

Imports into Azerbaijan

In 2020, purchases abroad of prepared or preserved crab meat decreased by -75% to X kg, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2016 with an increase of 1,983% against the previous year. Over the period under review, imports attained the peak figure at X kg in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports contracted rapidly to $X in 2020. Over the period under review, imports showed a sharp decrease. The pace of growth was the most pronounced in 2017 with an increase of 639%. As a result, imports attained the peak of $X. From 2018 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, Luxembourg (X kg) was the main supplier of prepared or preserved crab meat to Azerbaijan, with a approx. 100% share of total imports.

From 2014 to 2020, the average annual growth rate of volume from Luxembourg totaled +16.7%.

In value terms, Luxembourg ($X) constituted the largest supplier of prepared or preserved crab meat to Azerbaijan.

From 2014 to 2020, the average annual growth rate of value from Luxembourg stood at +3.4%.

Import Prices by Country

In 2020, the average import price for prepared or preserved crab meat amounted to $X per ton, declining by -10.9% against the previous year. In general, the import price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 89%. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Luxembourg.

From 2014 to 2020, the rate of growth in terms of prices for France amounted to +64.4% per year.

Source: IndexBox Platform

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