Report Update Nov 1, 2024

Azerbaijan - Gingerbread - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Gingerbread Market 2024

Gingerbread Market Size in Azerbaijan

The Azerbaijani gingerbread market declined to $X in 2022, which is down by -5.7% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Gingerbread Production in Azerbaijan

In value terms, gingerbread production dropped to $X in 2022 estimated in export price. In general, production showed a slight curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 15% against the previous year. Gingerbread production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Gingerbread Exports

Exports from Azerbaijan

In 2019, the amount of gingerbread exported from Azerbaijan surged to X kg, growing by 559% on the previous year. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gingerbread exports surged to $X in 2019. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X kg) was the main destination for gingerbread exports from Azerbaijan, with a approx. 100% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of volume to Russia amounted to +558.7%.

In value terms, Russia ($X) also remains the key foreign market for gingerbread exports from Azerbaijan.

From 2018 to 2019, the average annual growth rate of value to Russia stood at +3,325.4%.

Export Prices by Country

In 2019, the average gingerbread export price amounted to $X per ton, increasing by 420% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2018 to 2019, the rate of growth in terms of prices for Russia amounted to +420.2% per year.

Gingerbread Imports

Imports into Azerbaijan

After six years of growth, purchases abroad of gingerbread decreased by -32.8% to X tons in 2022. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2016 when imports increased by 54%. Over the period under review, imports hit record highs at X tons in 2021, and then fell dramatically in the following year.

In value terms, gingerbread imports declined to $X in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 247%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Russia (X tons) constituted the largest gingerbread supplier to Azerbaijan, with a 77% share of total imports. Moreover, gingerbread imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold. Belarus (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-1.1% per year) and Belarus (+42.3% per year).

In value terms, Russia ($X) constituted the largest supplier of gingerbread to Azerbaijan, comprising 69% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 19% share of total imports. It was followed by Poland, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +40.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+9.9% per year) and Poland (+11.8% per year).

Import Prices by Country

The average gingerbread import price stood at $X per ton in 2022, increasing by 29% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 125%. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+29.9%), 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 gingerbread in the world?

The country with the largest volume of gingerbread consumption was the U.S., comprising approx. 30% of total volume. Moreover, gingerbread consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of gingerbread in the world?

The U.S. constituted the country with the largest volume of gingerbread production, accounting for 30% of total volume. Moreover, gingerbread production in the U.S. exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by India, with a 4.9% share.

What are the leading suppliers of gingerbread to Azerbaijan?

In value terms, the largest gingerbread suppliers to Azerbaijan were Ukraine and Russia.

What are the leading importers of gingerbread from Azerbaijan?

In value terms, Russia remains the key foreign market for gingerbread exports from Azerbaijan.

What is the average export price for gingerbread in Azerbaijan?

The average gingerbread export price stood at $5,530 per ton in 2019, surging by 60% against the previous year.

What is the average import price for gingerbread in Azerbaijan?

In 2020, the average gingerbread import price amounted to $1,357 per ton, increasing by 2.9% against the previous year.

This report provides an in-depth analysis of the gingerbread 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 10721230 - Gingerbread and the like

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