Azerbaijan - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wheat and Meslin Flour in Azerbaijan - 2023
Contents:
- Price for Wheat and Meslin Flour in Azerbaijan (CIF) - 2023
- Price for Wheat and Meslin Flour in Azerbaijan (FOB) - 2022
- Imports of Wheat and Meslin Flour in Azerbaijan
- Exports of Wheat and Meslin Flour in Azerbaijan
Price for Wheat and Meslin Flour in Azerbaijan (CIF) - 2023
The average wheat and meslin flour import price stood at $261 per ton in July 2023, which is down by -2.8% against the previous month. Over the period under review, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in October 2022 an increase of 6.5% m-o-m. Over the period under review, average import prices hit record highs at $460 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From July 2022 to July 2023, the rate of growth in terms of prices for Russia amounted to -4.5% per month.
Price for Wheat and Meslin Flour in Azerbaijan (FOB) - 2022
In 2022, the average wheat and meslin flour export price amounted to $434 per ton, increasing by 85% against the previous year. Over the period under review, the export price, however, saw a mild decrease. Over the period under review, the average export prices reached the maximum at $520 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($435 per ton), while the average price for exports to Poland totaled $431 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+6.5%), while the prices for the other major destinations experienced a decline.
Imports of Wheat and Meslin Flour in Azerbaijan
For the fourth consecutive year, Azerbaijan recorded growth in supplies from abroad of wheat and meslin flour, which increased by 688% to 28K tons in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wheat and meslin flour imports soared to $9.9M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wheat and Meslin Flour in Azerbaijan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1.0 | 1.0 | 1.3 | 9.6 | 112.5% |
Kazakhstan | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 1.1 | 1.2 | 1.5 | 9.9 | 108.0% |
Top Suppliers of Wheat and Meslin Flour to Azerbaijan in 2022:
- Russia (27.2K tons)
- Kazakhstan (0.5K tons)
Exports of Wheat and Meslin Flour in Azerbaijan
Wheat and meslin flour exports from Azerbaijan contracted significantly to 25 tons in 2022, falling by -93% on the previous year. Overall, exports recorded a dramatic curtailment. The smallest decline of -1.1% was in 2021.
In value terms, wheat and meslin flour exports dropped sharply to $11K in 2022. Over the period under review, exports showed a sharp decline. The smallest decline of -9.5% was in 2021.
Export of Wheat and Meslin Flour in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | N/A | N/A | N/A | 6.6 | 0% |
Poland | N/A | N/A | N/A | 4.3 | 0% |
Iraq | 8.3 | 4.3 | 3.9 | N/A | -31.5% |
Georgia | 164 | 82.3 | 74.3 | N/A | -32.7% |
Afghanistan | 13.7 | 6.4 | 5.3 | N/A | -37.8% |
Others | N/A | N/A | 0.5 | N/A | 0% |
Total | 186 | 92.9 | 84.1 | 10.9 | -61.2% |
Top Export Markets for Wheat and Meslin Flour from Azerbaijan in 2022:
- Ukraine (15.2 tons)
- Poland (10.0 tons)
This report provides an in-depth analysis of the market for wheat and meslin flour 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:
- FCL 16 - Flour of Wheat
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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