Azerbaijan: Sausage Market 2024

Sausage Market Size in Azerbaijan

In 2021, the Azerbaijani sausage market increased by 9.2% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, the total consumption indicated buoyant 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, consumption increased by +99.3% against 2015 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Sausage Production in Azerbaijan

In value terms, sausage production surged to $X in 2021 estimated in export price. In general, the total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +16.5% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 74% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Sausage Exports

Exports from Azerbaijan

In 2021, overseas shipments of sausages and similar products of meat decreased by -38% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2018 with an increase of 803% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then fell notably in the following year.

In value terms, sausage exports contracted dramatically to $X in 2021. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 423%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for sausage exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +56.7%.

In value terms, Russia ($X) emerged as the key foreign market for sausages and similar products of meat exports from Azerbaijan.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +56.7%.

Export Prices by Country

The average sausage export price stood at $X per ton in 2021, rising by 35% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -0.0% per year.

Sausage Imports

Imports into Azerbaijan

For the sixth consecutive year, Azerbaijan recorded growth in overseas purchases of sausages and similar products of meat, which increased by 20% to X tons in 2021. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 87% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, sausage imports skyrocketed to $X in 2021. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 248%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of sausage to Azerbaijan, accounting for a 76% share of total imports. Moreover, sausage imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold. The third position in this ranking was taken by Belarus (X tons), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +37.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.0% per year) and Belarus (+71.4% per year).

In value terms, Russia ($X) constituted the largest supplier of sausages and similar products of meat to Azerbaijan, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Belarus, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +26.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+21.5% per year) and Belarus (+62.6% per year).

Import Prices by Country

The average sausage import price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2016 when the average import price increased by 100%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :