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

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