Azerbaijan - Grape Must - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Azerbaijan - Grape Must - Market Analysis, Forecast, Size, Trends And Insights

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Grape Must Price in Azerbaijan - 2023

Contents:

  1. Grape Must Price in Azerbaijan (CIF) - 2022
  2. Grape Must Price in Azerbaijan (FOB) - 2022
  3. Grape Must Imports in Azerbaijan
  4. Grape Must Exports in Azerbaijan

Grape Must Price in Azerbaijan (CIF) - 2022

In 2022, the average grape must import price amounted to $4.5 per litre, increasing by 609% against the previous year. In general, the import price enjoyed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to -0.1% per year.

Grape Must Price in Azerbaijan (FOB) - 2022

In 2022, the average grape must export price amounted to $0.6 per litre, with an increase of 4% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 an increase of 64% against the previous year. Over the period under review, the average export prices reached the maximum at $0.9 per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -6.2% per year.

Grape Must Imports in Azerbaijan

In 2022, imports of grape must into Azerbaijan shrank dramatically to 630 litres, which is down by -99.7% on the previous year. Overall, imports saw a dramatic decrease. The smallest decline of -3.7% was in 2021. Imports peaked at 235K litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, grape must imports shrank dramatically to $2.8K in 2022. Over the period under review, imports saw a sharp setback. The smallest decline of -4.3% was in 2020. Over the period under review, imports hit record highs at $151K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Grape Must in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A2.80%
Moldova141106127N/A-5.1%
Others9.537.711.5N/A10.0%
Total1511441382.8-73.5%

Top Suppliers of Grape Must to Azerbaijan in 2022:

  1. Belgium (630.0 litres)

Grape Must Exports in Azerbaijan

In 2022, the amount of grape must exported from Azerbaijan dropped significantly to 920 litres, which is down by -99.7% compared with the year before. Over the period under review, exports saw a dramatic descent. The smallest decline of -49.9% was in 2021. Over the period under review, the exports attained the maximum at 2.8M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, grape must exports declined dramatically to $506 in 2022. Overall, exports recorded a dramatic shrinkage. The smallest decline of -49.9% was in 2021. Over the period under review, the exports reached the peak figure at $1.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Grape Must in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A0.50%
Russia1,228355183N/A-61.4%
Others18.216.12.9N/A-60.1%
Total1,2463711860.5-92.6%

Top Export Markets for Grape Must from Azerbaijan in 2022:

  1. Ukraine (920.0 litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the grape must 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:

  • Prodcom 11021250 - Grape must (excluding alcohol duty)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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