Azerbaijan: Meat Dishes Market 2024

Meat Dishes Market Size in Azerbaijan

The Azerbaijani meat dishes market expanded slightly to $X in 2022, growing by 2.5% against the previous year. In general, consumption, however, showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Meat Dishes Production in Azerbaijan

In value terms, meat dishes production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the production volume increased by 8.9% against the previous year. Meat dishes production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Meat Dishes Exports

Exports from Azerbaijan

In 2022, shipments abroad of meat dishes increased by 31% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, showed a sharp curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, meat dishes exports soared to $X in 2022. Overall, exports, however, showed a sharp slump. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Georgia (X tons), Poland (X tons) and Ukraine (X tons) were the main destinations of meat dishes exports from Azerbaijan, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +878.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for meat dishes exported from Azerbaijan were Poland ($X), Georgia ($X) and Ukraine ($X), together accounting for 99% of total exports.

Poland, with a CAGR of +1,001.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average meat dishes export price amounted to $X per ton, with an increase of 53% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.6%), while the prices for the other major destinations experienced a decline.

Meat Dishes Imports

Imports into Azerbaijan

In 2022, approx. X tons of meat dishes were imported into Azerbaijan; with an increase of 4.9% compared with the year before. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, meat dishes imports skyrocketed to $X in 2022. In general, imports saw buoyant growth. The growth pace was the most rapid in 2016 when imports increased by 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of meat dishes to Azerbaijan, accounting for a 69% share of total imports. Moreover, meat dishes imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+44.2% per year) and Germany (+3.1% per year).

In value terms, Russia ($X) constituted the largest supplier of meat dishes to Azerbaijan, comprising 64% of total imports. The second position in the ranking was held by Belarus ($X), with an 11% share of total imports. It was followed by Germany, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+67.8% per year) and Germany (+2.2% per year).

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, growing by 13% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat dishes import price increased by +17.4% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 51%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :