Azerbaijan: Chicken Meat Market 2024

Chicken Meat Market Size in Azerbaijan

The Azerbaijani chicken meat market was estimated at $X in 2021, remaining stable against the previous year. The market value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Chicken Meat Production in Azerbaijan

In value terms, chicken meat production reduced dramatically to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 226%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

The average yield of chicken meat in Azerbaijan stood at X kg per head in 2021, flattening at 2020. Overall, the yield saw a relatively flat trend pattern. Over the period under review, the average chicken meat yield hit record highs in 2021 and is expected to retain growth in the immediate term.

In 2021, the number of animals slaughtered for chicken meat production in Azerbaijan rose remarkably to X heads, surging by 7.8% against the previous year's figure. This number increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 9.3%. The number of animals slaughtered for chicken meat production peaked in 2021 and is expected to retain growth in the near future.

Chicken Meat Exports

Exports from Azerbaijan

In 2021, approx. X tons of chicken meat were exported from Azerbaijan; jumping by 3,246% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 9,195%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, chicken meat exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 with an increase of 2,974%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Belarus (X tons), Turkey (X tons) and Vietnam (X tons) were the main destinations of chicken meat exports from Azerbaijan, together accounting for 98% of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +37.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) emerged as the key foreign market for chicken meat exports from Azerbaijan, comprising 71% of total exports. The second position in the ranking was held by Vietnam ($X), with a 12% share of total exports. It was followed by Turkey, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Belarus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+17.1% per year) and Turkey (+37.7% per year).

Export Prices by Country

In 2021, the average chicken meat export price amounted to $X per ton, waning by -55.6% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of 501%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Georgia ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Chicken Meat Imports

Imports into Azerbaijan

In 2021, approx. X tons of chicken meat were imported into Azerbaijan; picking up by 17% compared with 2020. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 257%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, chicken meat imports skyrocketed to $X in 2021. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 241%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest chicken meat supplier to Azerbaijan, accounting for a 68% share of total imports. Moreover, chicken meat imports from the United States exceeded the figures recorded by the second-largest supplier, Belarus (X tons), sevenfold. The third position in this ranking was taken by Russia (X tons), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+34.2% per year) and Russia (+53.4% per year).

In value terms, the largest chicken meat suppliers to Azerbaijan were the United States ($X), Belarus ($X) and Georgia ($X), together comprising 65% of total imports. Russia, Turkey, Ukraine, Moldova and Brazil lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, Moldova, with a CAGR of +77.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chicken meat import price stood at $X per ton in 2021, surging by 8.1% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chicken meat import price increased by +5.0% against 2017 indices. The pace of growth was the most pronounced in 2017 an increase of 50% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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