Azerbaijan: Bread And Bakery Market 2025

Bread And Bakery Market Size in Azerbaijan

The Azerbaijani bread and bakery market totaled $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a pronounced 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. Bread and bakery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Bread And Bakery Production in Azerbaijan

In value terms, bread and bakery production amounted to $X in 2022 estimated in export price. Overall, the total production indicated tangible growth 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 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Bread And Bakery Exports

Exports from Azerbaijan

In 2022, overseas shipments of bread and bakery increased by X% to X tons, rising for the sixth consecutive year after four years of decline. Overall, exports posted a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, bread and bakery exports soared to $X in 2022. In general, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X tons) was the main destination for bread and bakery exports from Azerbaijan, accounting for a X% share of total exports. Moreover, bread and bakery exports to Georgia exceeded the volume sent to the second major destination, Yemen (X tons), fivefold. Kazakhstan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Georgia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Kazakhstan (X% per year).

In value terms, Georgia ($X) remains the key foreign market for bread and bakery exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Yemen ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Georgia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average bread and bakery export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price 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, bread and bakery export price increased by X% against 2020 indices. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Turkmenistan ($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 Tajikistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bread And Bakery Imports

Imports into Azerbaijan

In 2022, the amount of bread and bakery imported into Azerbaijan expanded notably to X tons, with an increase of X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, bread and bakery imports skyrocketed to $X in 2022. In general, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Russia (X tons), Turkey (X tons) and Iran (X tons) were the main suppliers of bread and bakery imports to Azerbaijan, with a combined X% share of total imports. Ukraine and Georgia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Georgia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Russia ($X) and Iran ($X) constituted the largest bread and bakery suppliers to Azerbaijan, with a combined X% share of total imports. Ukraine and Georgia lagged somewhat behind, together comprising a further X%.

Georgia, 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

In 2022, the average bread and bakery import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

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 Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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