Azerbaijan: Preserved Tomato Market 2024

Preserved Tomato Market Size in Azerbaijan

The Azerbaijani preserved tomato market contracted to $X in 2023, waning by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Preserved Tomato Production in Azerbaijan

In value terms, preserved tomato production reduced to $X in 2023 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

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

Preserved Tomato Exports

Exports from Azerbaijan

Preserved tomato exports from Azerbaijan surged to X tons in 2023, picking up by X% on the previous year's figure. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.

In value terms, preserved tomato exports skyrocketed to $X in 2023. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to continue growth in years to come.

Exports by Country

Russia (X tons) was the main destination for preserved tomato exports from Azerbaijan, accounting for a X% share of total exports. Moreover, preserved tomato exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), sixfold. The third position in this ranking was held by Georgia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Georgia (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for preserved tomatoes exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Georgia ($X), with a X% share of total exports. It was followed by Belarus, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2023, the average preserved tomato export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports

Imports into Azerbaijan

In 2023, supplies from abroad of preserved tomatoes increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports saw a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure in 2023 and are likely to continue growth in the immediate term.

In value terms, preserved tomato imports surged to $X in 2023. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in years to come.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of preserved tomato to Azerbaijan, accounting for a X% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Turkey (X% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved tomatoes to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Russia (X% per year).

Import Prices by Country

In 2023, the average preserved tomato import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform