Azerbaijan: Vegetable Product Market 2025

Vegetable Product Market Size in Azerbaijan

In 2022, the Azerbaijani vegetable product market decreased by -6% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, posted significant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Vegetable Product Production in Azerbaijan

In value terms, vegetable product production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume decreased by 99.9% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

In 2022, the average vegetable product yield in Azerbaijan was estimated at less than X kg per ha, approximately mirroring the previous year. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of vegetable products in Azerbaijan totaled less than X ha, remaining constant against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Vegetable Product Exports

Exports from Azerbaijan

In 2022, overseas shipments of vegetable products increased by 17% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 96% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, vegetable product exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 57% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -11.4%.

In value terms, Germany ($X) also remains the key foreign market for vegetable products exports from Azerbaijan.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -9.0%.

Export Prices by Country

The average vegetable product export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price saw notable growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 79%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +35.9% per year.

Vegetable Product Imports

Imports into Azerbaijan

In 2022, supplies from abroad of vegetable products decreased by -24.9% to X tons, falling for the third consecutive year after six years of growth. Overall, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2016 with an increase of 122%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vegetable product imports fell to $X in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 345%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vegetable product to Azerbaijan, accounting for a 71% share of total imports. Moreover, vegetable product imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+145.7% per year) and Iran (+15.6% per year).

In value terms, China ($X) constituted the largest supplier of vegetable products to Azerbaijan, comprising 71% of total imports. The second position in the ranking was taken by Turkey ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+131.6% per year) and Iran (+24.1% per year).

Import Prices by Country

The average vegetable product import price stood at $X per ton in 2022, jumping by 26% against the previous year. In general, the import price recorded a significant increase. The growth pace was the most rapid in 2013 when the average import price increased by 213%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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