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Azerbaijan - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Sunflower Seed Market Overview 2020

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Sunflower Seed Market Size in Azerbaijan

The revenue of the sunflower seed market in Azerbaijan amounted to $X in 2018, remaining stable against the previous year. In general, sunflower seed consumption, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the sunflower seed market reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Sunflower Seed Production in Azerbaijan

In value terms, sunflower seed production totaled $X in 2018 estimated in export prices. Overall, sunflower seed production continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 when production volume increased by X% year-to-year. Sunflower seed production peaked in 2018 and is likely to continue its growth in the near future.

In 2018, the average yield of sunflower seed in Azerbaijan stood at X tonne per ha, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. In that year, the average sunflower seed yield attained its peak level of X tonne per ha. From 2017 to 2018, the growth of the average sunflower seed yield remained 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.

In 2018, the total area harvested in terms of sunflower seed production in Azerbaijan totaled X ha, surging by X% against the previous year. Overall, the total harvested area indicated resilient growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunflower seed harvested area increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Sunflower seed harvested area peaked in 2018 and is likely to see steady growth in the immediate term.

Sunflower Seed Exports

Exports from Azerbaijan

Sunflower seed exports from Azerbaijan amounted to X tonnes in 2018, rising by X% against the previous year. Overall, sunflower seed exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, sunflower seed exports attained their maximum at X tonnes in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, sunflower seed exports amounted to $X in 2018. In general, sunflower seed exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Georgia (X tonnes) was the main destination for sunflower seed exports from Azerbaijan, accounting for a X% share of total exports. Moreover, sunflower seed exports to Georgia exceeded the volume sent to the second major destination, Ukraine (X tonnes), tenfold. The third position in this ranking was occupied by Iran (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Georgia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Iran (-X% per year).

In value terms, Georgia ($X) remains the key foreign market for sunflower seed exports from Azerbaijan, comprising X% of total sunflower seed exports. The second position in the ranking was occupied by Iran ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Georgia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2018, the average sunflower seed export price amounted to $X per tonne, picking up by X% against the previous year. In general, the sunflower seed export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Georgia ($X per tonne), while the average price for exports to Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Georgia, while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Azerbaijan

In 2018, the imports of sunflower seed into Azerbaijan totaled X tonnes, waning by -X% against the previous year. Over the period under review, sunflower seed imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, sunflower seed imports reached their maximum at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, sunflower seed imports stood at $X in 2018. In general, sunflower seed imports, however, continue to indicate a conspicuous increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Russia (X tonnes), Ukraine (X tonnes) and Turkey (X tonnes) were the main suppliers of sunflower seed 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 Ukraine, while the other leaders experienced mixed trend patterns.

In value terms, Russia ($X), Turkey ($X) and Ukraine ($X) constituted the largest sunflower seed suppliers to Azerbaijan, with a combined X% share of total imports.

Among the main suppliers, Russia recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sunflower seed import price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the sunflower seed import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

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

Source: IndexBox AI Platform

Product coverage:
• FCL 267 - Sunflower seed

This report provides an in-depth analysis of the sunflower seed 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.


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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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