Azerbaijan: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Azerbaijan

The Azerbaijani unmanufactured tobacco market declined sharply to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a abrupt downturn. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Unmanufactured Tobacco Production in Azerbaijan

In value terms, unmanufactured tobacco production expanded significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2022: its value 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, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average unmanufactured tobacco yield in Azerbaijan was estimated at X tons per ha, growing by X% on 2021 figures. In general, the yield, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The unmanufactured tobacco yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield stood 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 2022, the total area harvested in terms of tobacco (unmanufactured) production in Azerbaijan amounted to X ha, flattening at the year before. Overall, the harvested area showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to unmanufactured tobacco production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Unmanufactured Tobacco Exports

Exports from Azerbaijan

In 2022, approx. X tons of tobacco (unmanufactured) were exported from Azerbaijan; jumping by X% against the year before. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, unmanufactured tobacco exports skyrocketed to $X in 2022. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons), Belarus (X tons) and Turkey (X tons) were the main destinations of unmanufactured tobacco exports from Azerbaijan, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Russia ($X) and Turkey ($X) constituted the largest markets for unmanufactured tobacco exported from Azerbaijan worldwide, with a combined X% share of total exports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unmanufactured tobacco export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Unmanufactured Tobacco Imports

Imports into Azerbaijan

In 2022, overseas purchases of tobacco (unmanufactured) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a perceptible increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, unmanufactured tobacco imports skyrocketed to $X in 2022. Overall, imports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

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

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

In value terms, Brazil ($X), Zimbabwe ($X) and Iran ($X) appeared to be the largest unmanufactured tobacco suppliers to Azerbaijan, with a combined X% share of total imports. Malawi, Tanzania, Italy, Thailand, Bulgaria, North Macedonia, Bangladesh, India, Argentina and Lebanon lagged somewhat behind, together accounting for a further X%.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unmanufactured tobacco import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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