Azerbaijan - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Prune Price in Azerbaijan - 2023
Contents:
- Dried Prune Price in Azerbaijan (CIF) - 2022
- Dried Prune Price in Azerbaijan (FOB) - 2022
- Dried Prune Imports in Azerbaijan
- Dried Prune Exports in Azerbaijan
Dried Prune Price in Azerbaijan (CIF) - 2022
In 2022, the average dried prune import price amounted to $2,446 per ton, growing by 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 42%. As a result, import price reached the peak level of $3,962 per ton. From 2015 to 2022, the average import prices remained at a 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 Moldova ($3,642 per ton), while the price for Iran ($1,552 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Prune Price in Azerbaijan (FOB) - 2022
The average dried prune export price stood at $1,571 per ton in 2022, dropping by -12.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 60%. The export price peaked at $2,277 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,445 per ton), while the average price for exports to Russia ($1,287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.
Dried Prune Imports in Azerbaijan
After three years of growth, supplies from abroad of dried prunes decreased by -1.5% to 526 tons in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 201% against the previous year. As a result, imports attained the peak of 534 tons, and then contracted in the following year.
In value terms, dried prune imports rose significantly to $1.3M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 203% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Dried Prune in Azerbaijan (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Moldova | 19.3 | 40.1 | 374 | 483 | 192.5% |
Iran | 101 | 108 | 305 | 308 | 45.0% |
Uzbekistan | 65.0 | 52.7 | 204 | 273 | 61.3% |
Chile | 68.8 | 90.6 | 82.0 | 96.3 | 11.9% |
United Arab Emirates | 12.5 | 19.6 | 29.9 | 62.3 | 70.8% |
France | 1.3 | 1.9 | 19.6 | 23.3 | 161.7% |
Turkey | 10.2 | 9.1 | 67.5 | 14.0 | 11.1% |
Argentina | 84.0 | 39.6 | 9.6 | 7.3 | -55.7% |
Others | 6.0 | 12.1 | 39.8 | 18.1 | 44.5% |
Total | 368 | 374 | 1,132 | 1,285 | 51.7% |
Top Suppliers of Dried Prune to Azerbaijan in 2022:
- Iran (198.5 tons)
- Moldova (132.7 tons)
- Uzbekistan (123.2 tons)
- Chile (33.6 tons)
- United Arab Emirates (19.8 tons)
- France (8.5 tons)
- Turkey (4.6 tons)
- Argentina (1.2 tons)
Dried Prune Exports in Azerbaijan
In 2022, after three years of growth, there was decline in shipments abroad of dried prunes, when their volume decreased by -1.8% to 15 tons. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 3.8% against the previous year. As a result, the exports attained the peak of 15 tons, and then dropped modestly in the following year.
In value terms, dried prune exports contracted to $24K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $28K, and then dropped in the following year.
Export of Dried Prune in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 18.0 | 11.9 | 17.2 | 16.9 | -2.1% |
United States | 0.7 | 1.7 | 8.3 | 4.9 | 91.3% |
Israel | 0.7 | 0.7 | 2.3 | 2.0 | 41.9% |
Others | 0.2 | 5.6 | N/A | N/A | 2700.0% |
Total | 19.6 | 19.9 | 27.7 | 23.8 | 6.7% |
Top Export Markets for Dried Prune from Azerbaijan in 2022:
- Russia (13.1 tons)
- United States (1.4 tons)
- Israel (0.6 tons)
This report provides an in-depth analysis of the dried prune 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:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.
In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.