Report Update Nov 1, 2024

Azerbaijan - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Yoghurt Market 2024

Yoghurt Market Size in Azerbaijan

The Azerbaijani yoghurt market fell significantly to $X in 2022, waning by -73.6% 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). In general, consumption continues to indicate a abrupt decline. Yoghurt consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Yoghurt Exports

Exports from Azerbaijan

In 2022, overseas shipments of yoghurt were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, continue to indicate a drastic downturn. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, yoghurt exports surged to $X in 2022. Overall, exports, however, saw a abrupt decline. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for yoghurt exports from Azerbaijan, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Afghanistan amounted to -6.4%.

In value terms, Afghanistan ($X) also remains the key foreign market for yoghurt exports from Azerbaijan.

From 2014 to 2022, the average annual growth rate of value to Afghanistan amounted to -7.2%.

Export Prices by Country

The average yoghurt export price stood at $X per ton in 2022, leveling off at the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 5.2% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 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 Afghanistan.

From 2014 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -0.9% per year.

Yoghurt Imports

Imports into Azerbaijan

In 2022, the amount of yoghurt imported into Azerbaijan shrank dramatically to X tons, dropping by -65.6% against 2021 figures. Overall, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, yoghurt imports fell rapidly to $X in 2022. Over the period under review, imports saw a perceptible curtailment. The growth pace was the most rapid in 2013 when imports increased by 68%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest yoghurt supplier to Azerbaijan, accounting for a 70% share of total imports. Moreover, yoghurt imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+36.8% per year) and Kazakhstan (-31.7% per year).

In value terms, Russia ($X) constituted the largest supplier of yoghurt to Azerbaijan, comprising 65% of total imports. The second position in the ranking was taken by Belarus ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+44.2% per year) and Kazakhstan (-32.3% per year).

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, with a decrease of -1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yoghurt in the world?

The countries with the highest volumes of yoghurt consumption in 2021 were China, the United States and India, with a combined 33% share of global consumption. These countries were followed by Japan, Germany, Russia, Pakistan, Nigeria, the UK, Brazil, Bangladesh, Mexico and Italy, which together accounted for a further 32%.

What are the largest producers of yoghurt in the world?

The countries with the highest volumes of yoghurt production in 2021 were China, the United States and Germany, with a combined 33% share of global production. India, Japan, Russia, Pakistan, France, Nigeria, Brazil, Bangladesh, Saudi Arabia and Mexico lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of yoghurt to Azerbaijan?

In value terms, Russia constituted the largest supplier of yoghurt to Azerbaijan, comprising 64% of total imports. The second position in the ranking was occupied by Belarus, with a 20% share of total imports.

What are the leading importers of yoghurt from Azerbaijan?

In value terms, Afghanistan remains the key foreign market for yoghurt exports from Azerbaijan.

What is the average export price for yoghurt in Azerbaijan?

The average yoghurt export price stood at $2,078 per ton in 2021, standing approx. at the previous year.

What is the average import price for yoghurt in Azerbaijan?

In 2021, the average yoghurt import price amounted to $1,283 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the yoghurt market 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 891 - Yoghurt

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023