Report Update Nov 1, 2024

Azerbaijan - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Grape Must Market 2024

Grape Must Market Size in Azerbaijan

In 2021, the Azerbaijani grape must market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Grape must consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Grape Must Production in Azerbaijan

In value terms, grape must production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.0% against 2017 indices. The growth pace was the most rapid in 2014 when the production volume increased by 40% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Grape Must Exports

Exports from Azerbaijan

In 2021, shipments abroad of grape must decreased by -58.8% to X litres, falling for the third year in a row after three years of growth. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 339% against the previous year. As a result, the exports attained the peak of X litres. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, grape must exports declined sharply to $X in 2021. Over the period under review, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 299% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -13.8%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -2.1%.

Export Prices by Country

In 2021, the average grape must export price amounted to $X per litre, growing by 21% against the previous year. Overall, the export price recorded a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +13.7% per year.

Grape Must Imports

Imports into Azerbaijan

For the fourth year in a row, Azerbaijan recorded decline in supplies from abroad of grape must, which decreased by -3.7% to X litres in 2021. In general, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2014 with an increase of 30%. Over the period under review, imports attained the maximum at X litres in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, grape must imports fell slightly to $X in 2021. Overall, imports saw a sharp decline. The pace of growth was the most pronounced in 2014 when imports increased by 43% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Moldova (X litres) was the main grape must supplier to Azerbaijan, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Moldova stood at -22.2%.

In value terms, Moldova ($X) constituted the largest supplier of grape must to Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value from Moldova totaled -22.3%.

Import Prices by Country

The average grape must import price stood at $X per litre in 2021, remaining constant against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11%. As a result, import price reached the peak level of $X per litre. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Moldova.

From 2012 to 2021, the rate of growth in terms of prices for Moldova amounted to -0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape must in the world?

The country with the largest volume of grape must consumption was China, accounting for 25% of total volume. Moreover, grape must 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 an 8.5% share.

What are the largest producers of grape must in the world?

China remains the largest grape must producing country worldwide, accounting for 25% of total volume. Moreover, grape must production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of grape must to Azerbaijan?

In value terms, Moldova constituted the largest supplier of grape must to Azerbaijan.

What are the leading importers of grape must from Azerbaijan?

In value terms, Georgia remains the key foreign market for grape must exports from Azerbaijan.

What is the average export price for grape must in Azerbaijan?

In 2021, the average grape must export price amounted to $0.8 per litre, rising by 11% against the previous year.

What is the average import price for grape must in Azerbaijan?

The average grape must import price stood at $0.6 per litre in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the grape must 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 11021250 - Grape must (excluding alcohol duty)

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