Azerbaijan: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Azerbaijan

In 2021, the Azerbaijani market for jams, jellies, puree and pastes decreased by -4.7% to $X for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, consumption, however, posted a significant increase. Over the period under review, the market reached the peak level at $X in 2020, and then shrank in the following year.

Production of Jams, Jellies, Puree And Pastes in Azerbaijan

In value terms, jam, jelly, puree and paste production declined to $X in 2021 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +108.1% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 35% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports from Azerbaijan

In 2021, after four years of decline, there was growth in shipments abroad of jams, jellies, puree and pastes, when their volume increased by 3.1% to X tons. Overall, exports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2016 when exports increased by 84%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, jam, jelly, puree and paste exports reached $X in 2021. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 51%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for jam, jelly, puree and paste exports from Azerbaijan, accounting for a 67% share of total exports. Moreover, jam, jelly, puree and paste exports to Russia exceeded the volume sent to the second major destination, Georgia (X tons), sevenfold. Iraq (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+18.9% per year) and Iraq (-6.9% per year).

In value terms, Russia ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Azerbaijan, comprising 52% of total exports. The second position in the ranking was taken by Georgia ($X), with a 13% share of total exports. It was followed by Kazakhstan, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+14.3% per year) and Kazakhstan (-2.9% per year).

Export Prices by Country

The average export price for jams, jellies, puree and pastes stood at $X per ton in 2021, standing approx. at the previous year. In general, the export price, however, showed a mild decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Jams, Jellies, Puree And Pastes

Imports into Azerbaijan

In 2021, after two years of decline, there was significant growth in supplies from abroad of jams, jellies, puree and pastes, when their volume increased by 66% to X tons. Overall, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 97% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, jam, jelly, puree and paste imports surged to $X in 2021. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 102%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of jam, jelly, puree and paste to Azerbaijan, with a 54% share of total imports. Moreover, jam, jelly, puree and paste imports from Turkey exceeded the figures recorded by the second-largest supplier, Iran (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+111.3% per year) and Greece (-0.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of jams, jellies, puree and pastes to Azerbaijan, comprising 59% of total imports. The second position in the ranking was held by Russia ($X), with an 11% share of total imports. It was followed by Iran, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Turkey totaled +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+3.3% per year) and Iran (+128.9% per year).

Import Prices by Country

The average import price for jams, jellies, puree and pastes stood at $X per ton in 2021, surging by 6.1% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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