Report Update Feb 1, 2025

Azerbaijan - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Seeds, Fruit and Spores Used for Sowing 2025

Market Size for Seeds, Fruit and Spores Used for Sowing in Azerbaijan

The Azerbaijani market for seeds, fruit and spores used for sowing skyrocketed to $X in 2022, increasing by 64% 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). Over the period under review, consumption, however, recorded a noticeable decline. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports from Azerbaijan

In 2022, approx. X kg of seeds, fruit and spores used for sowing were exported from Azerbaijan; with a decrease of -18.3% compared with the year before. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2017 with an increase of 689%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of seeds, fruit and spores used for sowing contracted remarkably to $X in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 1,334% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for exports of seeds, fruit and spores used for sowing from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -22.6%.

In value terms, the United States ($X) emerged as the key foreign market for seeds, fruit and spores used for sowing exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -16.7%.

Export Prices by Country

In 2022, the average export price for seeds, fruit and spores used for sowing amounted to $X per ton, waning by -10.1% against the previous year. In general, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 an increase of 272% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.7% per year.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports into Azerbaijan

In 2022, supplies from abroad of seeds, fruit and spores used for sowing increased by 34% to X tons, rising for the third year in a row after three years of decline. In general, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 133%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of seeds, fruit and spores used for sowing soared to $X in 2022. Overall, imports posted a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 199%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Turkey (X tons), the United States (X tons) and India (X tons) were the main suppliers of imports of seeds, fruit and spores used for sowing to Azerbaijan, together comprising 88% of total imports. Italy, China, Thailand, Argentina and the Netherlands lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +61.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest seed, fruit and spore used for sowing suppliers to Azerbaijan were Thailand ($X), the United States ($X) and India ($X), together accounting for 71% of total imports. Turkey, China, Italy, Argentina and the Netherlands lagged somewhat behind, together accounting for a further 26%.

Among the main suppliers, China, with a CAGR of +75.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, with an increase of 77% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2019 an increase of 466%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Thailand ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernels in the world?

Indonesia remains the largest palm kernel consuming country worldwide, accounting for 57% of total volume. Moreover, palm kernel consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. The third position in this ranking was occupied by Thailand, with a 3.7% share.

What are the largest producers of palm kernels in the world?

The country with the largest volume of palm kernel production was Indonesia, accounting for 57% of total volume. Moreover, palm kernel production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold. Thailand ranked third in terms of total production with a 3.7% share.

What are the leading suppliers of palm kernels to Azerbaijan?

In value terms, the largest palm kernel suppliers to Azerbaijan were China, the United States and Uzbekistan, with a combined 70% share of total imports.

What are the leading importers of palm kernels from Azerbaijan?

In value terms, Canada emerged as the key foreign market for palm kernel exports from Azerbaijan, comprising 60% of total exports. The second position in the ranking was occupied by the Netherlands, with a 24% share of total exports.

What is the average export price for palm kernels in Azerbaijan?

In 2021, the average palm kernel export price amounted to $54,662 per ton, increasing by 31% against the previous year.

What is the average import price for palm kernels in Azerbaijan?

In 2021, the average palm kernel import price amounted to $14,056 per ton, surging by 43% against the previous year.

This report provides an in-depth analysis of the market for seed, fruit and spore used for sowing 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:

FCL 256 - Palm kernels

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024