Azerbaijan: Roots And Tubers Market Overview 2020

Roots And Tubers Market Size in Azerbaijan

The revenue of the roots and tubers market in Azerbaijan amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, roots and tubers consumption, however, continues to indicate a sharp decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the roots and tubers market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Roots And Tubers Exports

Exports from Azerbaijan

Roots and tubers exports from Azerbaijan amounted to X kg in 2018, falling by -X% against the previous year. Over the period under review, roots and tubers exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2010 when exports decreased by -X% year-to-year. Over the period under review, roots and tubers exports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, roots and tubers exports stood at $X in 2018. In general, roots and tubers exports continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2016 when exports decreased by -X% against the previous year. Over the period under review, roots and tubers exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X kg) was the main destination for roots and tubers exports from Azerbaijan, with a X% share of total exports. Moreover, roots and tubers exports to the U.S. exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to the U.S. stood at -X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. amounted to -X%.

Export Prices by Country

In 2018, the average roots and tubers export price amounted to $X per tonne, approximately reflecting the previous year. In general, the roots and tubers export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the Netherlands amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Roots And Tubers Imports

Imports into Azerbaijan

Roots and tubers imports into Azerbaijan stood at X tonnes in 2018, picking up by X% against the previous year. In general, roots and tubers imports, however, continue to indicate a deep drop. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, roots and tubers imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, roots and tubers imports stood at $X in 2018. Overall, roots and tubers imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, roots and tubers imports reached their maximum at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tonnes), Turkey (X tonnes) and Georgia (X kg) were the main suppliers of roots and tubers imports to Azerbaijan, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Russia, while the other leaders experienced mixed trend patterns.

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

From 2007 to 2018, the average annual growth rate of value from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Georgia (+X% per year).

Import Prices by Country

The average roots and tubers import price stood at $X per tonne in 2018, coming down by -X% against the previous year. Overall, the roots and tubers import price, however, continues to indicate an extraordinary increase. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Georgia ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform