Report Update Nov 1, 2024

Azerbaijan - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Frozen Potato Market 2024

Frozen Potato Market Size in Azerbaijan

The Azerbaijani frozen potato market soared to $X in 2021, jumping by 107% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded resilient growth. Frozen potato consumption peaked in 2021 and is expected to retain growth in the near future.

Frozen Potato Exports

Exports from Azerbaijan

In 2019, shipments abroad of frozen potatoes increased by 226% to X kg for the first time since 2016, thus ending a two-year declining trend. Over the period under review, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato exports soared to $X in 2019. In general, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X kg) was the main destination for frozen potato exports from Azerbaijan, accounting for a 76% share of total exports. Moreover, frozen potato exports to Belarus exceeded the volume sent to the second major destination, Ukraine (X kg), threefold.

From 2012 to 2019, the average annual rate of growth in terms of volume to Belarus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Russia (-84.6% per year).

In value terms, Belarus ($X), Ukraine ($X) and Russia ($X) constituted the largest markets for frozen potato exported from Azerbaijan worldwide.

Among the main countries of destination, Belarus, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average frozen potato export price stood at $X per ton in 2019, declining by -41.1% against the previous year. In general, the export price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 50%. Over the period under review, the average export prices hit record highs at $X per ton in 2018, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+22.2%).

Frozen Potato Imports

Imports into Azerbaijan

In 2021, approx. X tons of frozen potatoes were imported into Azerbaijan; with an increase of 105% compared with the previous year. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 119%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, frozen potato imports surged to $X in 2021. In general, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 191% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of frozen potato to Azerbaijan, accounting for a 28% share of total imports. Moreover, frozen potato imports from Poland exceeded the figures recorded by the second-largest supplier, Iran (X tons), threefold. The third position in this ranking was taken by Russia (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Poland totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+42.2% per year) and Russia (+43.3% per year).

In value terms, Poland ($X) constituted the largest supplier of frozen potatoes to Azerbaijan, comprising 33% of total imports. The second position in the ranking was taken by Iran ($X), with a 7.2% share of total imports. It was followed by Russia, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+43.6% per year) and Russia (+35.4% per year).

Import Prices by Country

The average frozen potato import price stood at $X per ton in 2021, remaining stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 33%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.9%), 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 frozen potatoes in the world?

China remains the largest frozen potato consuming country worldwide, comprising approx. 25% of total volume. Moreover, frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.3% share.

What are the largest producers of frozen potatoes in the world?

China constituted the country with the largest volume of frozen potato production, comprising approx. 25% of total volume. Moreover, frozen potato production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Belgium ranked third in terms of total production with a 10% share.

What are the leading suppliers of frozen potatoes to Azerbaijan?

In value terms, Poland constituted the largest supplier of frozen potato to Azerbaijan, comprising 53% of total imports. The second position in the ranking was occupied by Russia, with a 13% share of total imports. It was followed by the Netherlands, with a 9.9% share.

What are the leading importers of frozen potatoes from Azerbaijan?

In value terms, Russia $99) remains the key foreign market for frozen potato exports from Azerbaijan.

What is the average export price for frozen potatoes in Azerbaijan?

The average frozen potato export price stood at $876 per ton in 2020, falling by -34% against the previous year.

What is the average import price for frozen potatoes in Azerbaijan?

In 2020, the average frozen potato import price amounted to $1,097 per ton, with an increase of 29% against the previous year.

This report provides an in-depth analysis of the frozen potato 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 10311110 - Frozen potatoes, uncooked or cooked by steaming or boiling in water
Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)

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