Report Update Nov 1, 2024

Azerbaijan - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Azerbaijan

The Azerbaijani seafood meals and pellets market contracted to $X in 2021, reducing by -10.4% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Azerbaijan

In value terms, seafood meals and pellets production contracted to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 27%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports from Azerbaijan

In 2018, the amount of flours, meals and pellets of fish or of crustaceans and molluscs exported from Azerbaijan stood at X kg, approximately reflecting the year before. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2018 and are expected to retain growth in the near future.

In value terms, seafood meals and pellets exports totaled $X in 2018. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2018 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X kg) was the main destination for seafood meals and pellets exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2018 to 2018, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2018 to 2018, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports into Azerbaijan

In 2021, overseas purchases of flours, meals and pellets of fish or of crustaceans and molluscs increased by 25% to X tons, rising for the third year in a row after two years of decline. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 6,392% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, seafood meals and pellets imports soared to $X in 2021. Over the period under review, imports saw a prominent increase. The growth pace was the most rapid in 2019 when imports increased by 6,513% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Georgia (X tons) and Turkey (X tons) were the main suppliers of seafood meals and pellets imports to Azerbaijan.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +12.3%).

In value terms, the largest seafood meals and pellets suppliers to Azerbaijan were Georgia ($X) and Turkey ($X).

Among the main suppliers, Georgia, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average seafood meals and pellets import price stood at $X per ton in 2021, picking up by 23% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Georgia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+40.3%), 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 flours, meals and pellets of fish or of crustaceans and molluscs in the world?

China constituted the country with the largest volume of seafood meals and pellets consumption, accounting for 20% of total volume. Moreover, seafood meals and pellets consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.3% share.

What are the largest producers of flours, meals and pellets of fish or of crustaceans and molluscs in the world?

The countries with the highest volumes of seafood meals and pellets production in 2020 were Peru, the United States and India, with a combined 26% share of global production. Chile, the UK, Mexico, Denmark, Brazil, Morocco, Pakistan, Thailand, Germany and Bangladesh lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of flours, meals and pellets of fish or of crustaceans and molluscs to Azerbaijan?

In value terms, Georgia constituted the largest supplier of seafood meals and pellets to Azerbaijan, comprising 65% of total imports. The second position in the ranking was occupied by Turkey, with a 31% share of total imports.

What is the average export price for flours, meals and pellets of fish or of crustaceans and molluscs in Azerbaijan?

The average seafood meals and pellets export price stood at $688 per ton in 2018, almost unchanged from the previous year.

What is the average import price for flours, meals and pellets of fish or of crustaceans and molluscs in Azerbaijan?

The average seafood meals and pellets import price stood at $1,302 per ton in 2020, rising by 22% against the previous year.

This report provides an in-depth analysis of the market for seafood meals and pellets 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption

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