Report Update Nov 1, 2024

Azerbaijan - Egg Products - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Egg Product Market 2024

Egg Product Market Size in Azerbaijan

The Azerbaijani egg product market declined to $X in 2021, which is down by -13.5% against the previous year. In general, consumption saw a abrupt downturn. Egg product consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Egg Product Production in Azerbaijan

In value terms, egg product production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 43%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Egg Product Imports

Imports into Azerbaijan

For the third year in a row, Azerbaijan recorded decline in supplies from abroad of egg products, which decreased by -82.9% to X tons in 2021. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2014 with an increase of 297% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, egg product imports contracted rapidly to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 539%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of egg product to Azerbaijan, with a 89% share of total imports. Moreover, egg product imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold. The third position in this ranking was held by Ukraine (X kg), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-29.3% per year) and Ukraine (-30.3% per year).

In value terms, Russia ($X) constituted the largest supplier of egg products to Azerbaijan, comprising 83% of total imports. The second position in the ranking was held by Turkey ($X), with an 8.1% share of total imports. It was followed by Ukraine, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.5% per year) and Ukraine (-12.8% per year).

Import Prices by Country

In 2021, the average egg product import price amounted to $X per ton, rising by 50% against the previous year. In general, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for Russia ($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 (+29.5%), 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 egg products in the world?

China remains the largest egg product consuming country worldwide, accounting for 17% of total volume. Moreover, egg product consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of egg products in the world?

China remains the largest egg product producing country worldwide, comprising approx. 17% of total volume. Moreover, egg product 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 6.8% share.

What are the leading suppliers of egg products to Azerbaijan?

In value terms, Russia constituted the largest supplier of egg product to Azerbaijan, comprising 78% of total imports. The second position in the ranking was occupied by Luxembourg, with an 11% share of total imports. It was followed by Turkey, with a 6.4% share.

What are the leading importers of egg products from Azerbaijan?

In value terms, Ukraine remains the key foreign market for egg product exports from Azerbaijan.

What is the average export price for egg products in Azerbaijan?

In 2010, the average egg product export price amounted to $5,311 per ton, stabilizing at the previous year.

What is the average import price for egg products in Azerbaijan?

In 2020, the average egg product import price amounted to $3,720 per ton, declining by -4.8% against the previous year.

This report provides an in-depth analysis of the egg product market 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 10891230 - Egg products, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved (excluding albumin, in the shell)

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