Azerbaijan: Grain Market 2025

Grain Market Size in Azerbaijan

The Azerbaijani grain market amounted to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Grain consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Grain Production in Azerbaijan

In value terms, grain production declined to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average grain yield in Azerbaijan reduced to X tons per ha, standing approx. at the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2015 with an increase of X%. The grain yield peaked at X tons per ha in 2021, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grain harvested area in Azerbaijan fell to X ha in 2022, stabilizing at 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to grain production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Grain Exports

Exports from Azerbaijan

In 2022, approx. X tons of grain were exported from Azerbaijan; dropping by X% compared with the previous year. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, grain exports dropped dramatically to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Iraq (X tons) was the main destination for grain exports from Azerbaijan, with a X% share of total exports. Moreover, grain exports to Iraq exceeded the volume sent to the second major destination, Iran (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq totaled X%.

In value terms, Iraq ($X) remains the key foreign market for grain exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq amounted to X%.

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Iraq stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%).

Grain Imports

Imports into Azerbaijan

In 2022, overseas purchases of grain were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, grain imports soared to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of grain to Azerbaijan, with a X% share of total imports. Moreover, grain imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%.

In value terms, Russia ($X) constituted the largest supplier of grain to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%.

Import Prices by Country

The average grain import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain import price increased by X% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while the price for Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Source: IndexBox Platform

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