Azerbaijan - Dog and Cat Food - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Market for Dog And Cat Food 2024
Market Size for Dog And Cat Food in Azerbaijan
In 2021, after three years of growth, there was significant decline in the Azerbaijani dog and cat food market, when its value decreased by -5% to $X. Over the period under review, consumption showed a noticeable contraction. Dog and cat food consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.
Production of Dog And Cat Food in Azerbaijan
In value terms, dog and cat food production reduced modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Dog and cat food production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.
Exports of Dog And Cat Food
Exports from Azerbaijan
After two years of decline, shipments abroad of dog and cat food increased by 106% to X tons in 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 517% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.
In value terms, dog and cat food exports surged to $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 137% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
Qatar (X tons) and the United States (X tons) were the main destinations of dog and cat food exports from Azerbaijan.
From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of 0.0%).
In value terms, the largest markets for dog and cat food exported from Azerbaijan were the United States ($X) and Qatar ($X).
Among the main countries of destination, Qatar, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
The average dog and cat food export price stood at $X per ton in 2021, falling by -24.4% against the previous year. In general, the export price faced a precipitous decline. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -7.5%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Qatar amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-7.5%).
Imports of Dog And Cat Food
Imports into Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in overseas purchases of dog and cat food, which increased by 27% to X tons in 2021. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, dog and cat food imports soared to $X in 2021. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 97% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.
Imports by Country
In 2021, Russia (X tons) constituted the largest dog and cat food supplier to Azerbaijan, with a 53% share of total imports. Moreover, dog and cat food imports from Russia exceeded the figures recorded by the second-largest supplier, Israel (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 5.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+17.7% per year) and Turkey (+41.5% per year).
In value terms, Russia ($X) constituted the largest supplier of dog and cat food to Azerbaijan, comprising 54% of total imports. The second position in the ranking was held by France ($X), with a 10% share of total imports. It was followed by Turkey, with a 4.3% share.
From 2012 to 2021, the average annual growth rate of value from Russia totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+32.3% per year) and Turkey (+48.7% per year).
Import Prices by Country
In 2021, the average dog and cat food import price amounted to $X per ton, rising by 1.6% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 59%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for dog and cat food 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 10921030 - Dog or cat food, p.r.s.
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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