Report Update Nov 1, 2024

Azerbaijan - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Cocoa Powder (Containing Added Sugar) 2024

Market Size for Cocoa Powder (Containing Added Sugar) in Azerbaijan

The Azerbaijani cocoa powder with sugar market declined to $X in 2021, with a decrease of -2.3% against the previous year. In general, consumption, however, showed a perceptible curtailment. Cocoa powder with sugar consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Cocoa Powder (Containing Added Sugar) in Azerbaijan

In value terms, cocoa powder with sugar production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by 35% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Cocoa Powder (Containing Added Sugar)

Exports from Azerbaijan

Cocoa powder with sugar exports from Azerbaijan was estimated at X kg in 2021, therefore, remained relatively stable against the previous year. In general, exports showed a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, cocoa powder with sugar exports stood at $X in 2021. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Russia (X kg) was the main destination for cocoa powder with sugar exports from Azerbaijan, with a 87% share of total exports. Moreover, cocoa powder with sugar exports to Russia exceeded the volume sent to the second major destination, Turkey (X kg), sevenfold.

From 2021 to 2021, the average annual growth rate of volume to Russia was relatively modest.

From 2021 to 2021, the average annual growth rate of value to Russia was relatively modest.

Imports of Cocoa Powder (Containing Added Sugar)

Imports into Azerbaijan

In 2021, purchases abroad of cocoa powder (containing added sugar) was finally on the rise to reach X tons after four years of decline. Over the period under review, imports continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2015 when imports increased by 158%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, cocoa powder with sugar imports stood at $X in 2021. Overall, imports continue to indicate a pronounced increase. The pace of growth appeared the most rapid in 2016 with an increase of 172%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest cocoa powder with sugar supplier to Azerbaijan, accounting for a 27% share of total imports. Moreover, cocoa powder with sugar imports from Malaysia exceeded the figures recorded by the second-largest supplier, Singapore (X kg), tenfold. The third position in this ranking was held by Lebanon (X kg), with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia totaled +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-28.3% per year) and Lebanon (-4.4% per year).

In value terms, Malaysia ($X) constituted the largest supplier of cocoa powder (containing added sugar) to Azerbaijan, comprising 44% of total imports. The second position in the ranking was held by Singapore ($X), with a 6.2% share of total imports. It was followed by China, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value from Malaysia totaled +31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-22.2% per year) and China (+69.0% per year).

Import Prices by Country

In 2021, the average cocoa powder with sugar import price amounted to $X per ton, falling by -52.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 43% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa powder (containing added sugar) in the world?

The countries with the highest volumes of cocoa powder with sugar consumption in 2021 were China, the United States and India, together comprising 30% of global consumption. These countries were followed by Japan, Germany, Pakistan, Indonesia, Brazil, Bangladesh, Spain, Nigeria, the UK and Mexico, which together accounted for a further 25%.

What are the largest producers of cocoa powder (containing added sugar) in the world?

China constituted the country with the largest volume of cocoa powder with sugar production, comprising approx. 15% of total volume. Moreover, cocoa powder with sugar production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6% share.

What are the leading suppliers of cocoa powder (containing added sugar) to Azerbaijan?

In value terms, Malaysia constituted the largest supplier of cocoa powder with sugar to Azerbaijan, comprising 79% of total imports. The second position in the ranking was occupied by Singapore, with an 11% share of total imports. It was followed by China, with a 1% share.

What is the average export price for cocoa powder (containing added sugar) in Azerbaijan?

The average cocoa powder with sugar export price stood at $2,086 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for cocoa powder (containing added sugar) in Azerbaijan?

The average cocoa powder with sugar import price stood at $2,172 per ton in 2021, which is down by -16.6% against the previous year.

This report provides an in-depth analysis of the market for cocoa powder with sugar 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:

Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023