Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan - 2023

Contents:

1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan (CIF) - 2022
2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan (FOB) - 2022
3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan
4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan (CIF) - 2022

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $7,562 per ton in 2022, reducing by -29.7% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 654%. As a result, import price reached the peak level of $12,643 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($41,575 per ton), while the price for Russia ($148 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $1,366 per ton in 2022, which is down by -45.4% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of 214%. As a result, the export price reached the peak level of $5,295 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($2,577 per ton), while the average price for exports to Kyrgyzstan ($1,050 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+5.2%), while the prices for the other major destinations experienced a decline.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan

In 2022, imports of seeds, fruit and spores; of a kind used for sowing into Azerbaijan skyrocketed to 2K tons, rising by 40% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of 2.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing reduced to $15M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Azerbaijan in 2022:

1. Denmark (901.9 tons)
2. Russia (738.9 tons)
3. Turkey (52.5 tons)
4. Brazil (42.4 tons)
5. Italy (37.9 tons)
6. Poland (37.7 tons)
7. France (34.3 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Azerbaijan

Exports of seeds, fruit and spores; of a kind used for sowing from Azerbaijan skyrocketed to 577 tons in 2022, increasing by 536% compared with the previous year. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing surged to $789K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Azerbaijan in 2022:

1. Turkey (273.0 tons)
2. Kyrgyzstan (132.0 tons)
3. Uzbekistan (85.0 tons)
4. Georgia (62.4 tons)
5. Kazakhstan (22.0 tons)

Source: IndexBox Market Intelligence Platform