Report Update Apr 1, 2024

Azerbaijan - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in Azerbaijan

The Azerbaijani soybean oilcake market reached $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Soybean Oilcake Production in Azerbaijan

In value terms, soybean oilcake production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Soybean Oilcake Exports

Exports from Azerbaijan

Soybean oilcake exports from Azerbaijan expanded rapidly to X tons in 2022, growing by X% on the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, soybean oilcake exports stood at $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkmenistan (X tons) was the main destination for soybean oilcake exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Turkmenistan stood at X%.

In value terms, Turkmenistan ($X) also remains the key foreign market for soybean oilcake exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Turkmenistan stood at X%.

Export Prices by Country

In 2022, the average soybean oilcake export price amounted to $X per ton, which is down by X% against the previous year. Overall, export price indicated a prominent expansion 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, soybean oilcake export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkmenistan amounted to X% per year.

Soybean Oilcake Imports

Imports into Azerbaijan

In 2022, approx. X tons of soybean oilcake were imported into Azerbaijan; picking up by X% against the year before. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, soybean oilcake imports skyrocketed to $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of soybean oilcake to Azerbaijan, accounting for a X% share of total imports. Moreover, soybean oilcake imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by Russia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Russia (X% per year).

In value terms, Argentina ($X) constituted the largest supplier of soybean oilcake to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with an X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average soybean oilcake import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price enjoyed prominent growth. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per ton) and the United States ($X per ton), while the price for Brazil ($X per ton) and Argentina ($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) :

What are the largest markets for soybean oilcake in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 30% of global consumption. Japan, Indonesia, Nigeria, Germany, Pakistan, Bangladesh, Russia, Vietnam, Mexico and the Philippines lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of soybean oilcake in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Argentina, together accounting for 40% of global production. Brazil, India, Russia, Nigeria, Pakistan, Japan, Germany and Bangladesh lagged somewhat behind, together accounting for a further 32%.

What are the leading suppliers of soybean oilcake to Azerbaijan?

In value terms, Argentina constituted the largest supplier of soybean oilcake to Azerbaijan, comprising 58% of total imports. The second position in the ranking was taken by Brazil, with an 18% share of total imports. It was followed by Russia, with a 12% share.

What are the leading importers of soybean oilcake from Azerbaijan?

In value terms, Turkmenistan remains the key foreign market for soybean oilcake exports from Azerbaijan.

What is the average export price for soybean oilcake in Azerbaijan?

The average soybean oilcake export price stood at $533 per ton in 2022, shrinking by -5.6% against the previous year.

What is the average import price for soybean oilcake in Azerbaijan?

In 2022, the average soybean oilcake import price amounted to $633 per ton, growing by 9% against the previous year.

This report provides an in-depth analysis of the soybean oilcake 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 2030.

Product coverage:

Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023