Azerbaijan: Sour Cherry Market 2024

Sour Cherry Market Size in Azerbaijan

The Azerbaijani sour cherry market reached $X in 2022, approximately mirroring the previous year. In general, the total consumption indicated a buoyant 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, consumption decreased by X% against 2020 indices. Sour cherry consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sour Cherry Production in Azerbaijan

In value terms, sour cherry production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent 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 decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Sour cherry production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of sour cherries in Azerbaijan reached X tons per ha in 2022, therefore, remained relatively stable against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. The sour cherry yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a 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 sour cherry harvested area in Azerbaijan rose to X ha, picking up by X% against the previous year. In general, the total harvested area indicated a temperate increase from 2012 to 2022: its figure 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, sour cherry harvested area decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The sour cherry harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Sour Cherry Exports

Exports from Azerbaijan

In 2022, overseas shipments of sour cherries were finally on the rise to reach X tons after three years of decline. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, sour cherry exports soared to $X in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for sour cherry exports from Azerbaijan, with a X% share of total exports. Moreover, sour cherry exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%.

In value terms, Russia ($X) remains the key foreign market for sour cherries exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%.

Export Prices by Country

In 2022, the average sour cherry export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%).

Sour Cherry Imports

Imports into Azerbaijan

In 2022, purchases abroad of sour cherries decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sour cherry imports shrank remarkably to $X in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Iran (X tons) was the main sour cherry supplier to Azerbaijan, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran totaled X%.

In value terms, Iran ($X) constituted the largest supplier of sour cherries to Azerbaijan.

From 2012 to 2022, the average annual growth rate of value from Iran totaled X%.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Iran.

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

Source: IndexBox Platform

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