Azerbaijan: Fungicide And Bactericide Market 2025

Fungicide And Bactericide Market Size in Azerbaijan

The Azerbaijani fungicide and bactericide market surged to $X in 2021, increasing by 23% 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). In general, consumption showed a buoyant expansion. Fungicide and bactericide consumption peaked in 2021 and is expected to retain growth in the near future.

Fungicide And Bactericide Exports

Exports from Azerbaijan

In 2021, shipments abroad of fungicides, bactericides and seed treatments increased by 140% to X kg, rising for the second consecutive year after two years of decline. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 198,800%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fungicide and bactericide exports soared to $X in 2021. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 299,900%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Georgia (X kg) was the main destination for fungicide and bactericide exports from Azerbaijan, with a approx. 100% share of total exports.

From 2016 to 2021, the average annual rate of growth in terms of volume to Georgia stood at -35.5%.

In value terms, Georgia ($X) also remains the key foreign market for fungicides, bactericides and seed treatments exports from Azerbaijan.

From 2016 to 2021, the average annual rate of growth in terms of value to Georgia totaled +179.6%.

Export Prices by Country

In 2021, the average fungicide and bactericide export price amounted to $X per ton, reducing by -49.6% against the previous year. Over the period under review, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 80%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

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

From 2016 to 2021, the rate of growth in terms of prices for Georgia amounted to -29.1% per year.

Fungicide And Bactericide Imports

Imports into Azerbaijan

In 2021, imports of fungicides, bactericides and seed treatments into Azerbaijan surged to X tons, growing by 21% against 2020 figures. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 77% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, fungicide and bactericide imports skyrocketed to $X in 2021. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 67%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Turkey (X tons) constituted the largest fungicide and bactericide supplier to Azerbaijan, accounting for a 59% share of total imports. Moreover, fungicide and bactericide imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. India (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.4% per year) and India (+21.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of fungicides, bactericides and seed treatments to Azerbaijan, comprising 45% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by France, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.0% per year) and France (+3.8% per year).

Import Prices by Country

In 2021, the average fungicide and bactericide import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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