Azerbaijan: Meat Market 2024

Meat Market Size in Azerbaijan

The Azerbaijani meat market expanded 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 remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Meat Production in Azerbaijan

In value terms, meat production skyrocketed to $X in 2022 estimated in export price. Overall, the total production indicated a slight 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 decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

In 2022, the average yield of meat in Azerbaijan amounted to X kg per head, remaining relatively unchanged against 2021. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the average meat yield attained the maximum level at X kg per head in 2015; however, from 2016 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for meat production in Azerbaijan; stabilizing at the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2021, and then dropped modestly in the following year.

Meat Exports

Exports from Azerbaijan

For the fifth year in a row, Azerbaijan recorded decline in shipments abroad of meat, which decreased by X% to X tons in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat exports declined significantly to $X in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X tons), France (X tons) and Spain (X kg) were the main destinations of meat exports from Azerbaijan, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for meat exported from Azerbaijan were Qatar ($X), France ($X) and Spain ($X), together accounting for X% of total exports.

Among the main countries of destination, France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average meat export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Qatar ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in overseas purchases of meat, which decreased by X% to X tons in 2022. Over the period under review, imports, however, saw temperate growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, meat imports dropped slightly to $X in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ukraine (X tons), Brazil (X tons) and Belarus (X tons) were the main suppliers of meat imports to Azerbaijan, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) constituted the largest supplier of meat to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Belarus (X% per year).

Import Prices by Country

The average meat import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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