Azerbaijan - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in Azerbaijan - 2023
Contents:
- Pistachio Price in Azerbaijan (CIF) - 2023
- Pistachio Price in Azerbaijan (FOB) - 2022
- Pistachio Imports in Azerbaijan
- Pistachio Exports in Azerbaijan
Pistachio Price in Azerbaijan (CIF) - 2023
The average pistachio import price stood at $9,667 per ton in September 2023, increasing by 1.5% against the previous month. In general, the import price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in June 2023 an increase of 28% against the previous month. Over the period under review, average import prices hit record highs at $15,860 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($10,264 per ton), while the price for Iran ($9,107 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Pistachio Price in Azerbaijan (FOB) - 2022
In 2022, the average pistachio export price amounted to $9,742 per ton, remaining stable against the previous year. Overall, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 16%. As a result, the export price attained the peak level of $14,169 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,128 per ton), while the average price for exports to Bahrain amounted to $9,404 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.0%).
Pistachio Imports in Azerbaijan
In 2022, the amount of pistachios imported into Azerbaijan contracted to 192 tons, dropping by -10.3% compared with the previous year's figure. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. As a result, imports reached the peak of 215 tons, and then fell in the following year.
In value terms, pistachio imports amounted to $1.5M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Pistachio in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 392 | 475 | 1,116 | 1,015 | 37.3% |
Turkey | 296 | 168 | 279 | 428 | 13.1% |
United States | 32.5 | 20.2 | 8.3 | 17.7 | -18.3% |
United Arab Emirates | 25.2 | 10.2 | 30.7 | N/A | 10.4% |
Others | 1.5 | 1.2 | 21.3 | 31.2 | 175.0% |
Total | 747 | 675 | 1,455 | 1,492 | 25.9% |
Top Suppliers of Pistachio to Azerbaijan in 2022:
- Iran (139.0 tons)
- Turkey (49.2 tons)
- United States (2.1 tons)
Pistachio Exports in Azerbaijan
In 2022, the amount of pistachios exported from Azerbaijan reached 314 kg, picking up by 4% on the previous year's figure. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pistachio exports reached $3.1K in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Pistachio in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | N/A | N/A | N/A | 2.6 | 0% |
United Arab Emirates | 2.8 | 2.9 | 2.9 | 0.5 | -43.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.8 | 2.9 | 2.9 | 3.1 | 3.5% |
Top Export Markets for Pistachio from Azerbaijan in 2022:
- Bahrain (275.0 kg)
- United Arab Emirates (39.0 kg)
This report provides an in-depth analysis of the pistachio 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 223 - Pistachios
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Global pistachio market analysis from 2023 to 2030, including consumption trends, market performance, production, imports, and exports.
Pistachio prices are to keep moderately growing as global production is forecast to drop by 16% y/y to 829K tons in 2022. Lower outputs are expected in Iran and Turkey, while U.S. production is projected to gain 10% y/y to a record 523K tons, ensuring stable exports.
The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure...
Global pistachio consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the pistachio output was Iran (X thousand tons), accounting for X% of global production.
The sanctions imposed on Iran in X were partially lifted this year on January, X. Despite the toll taken on the Iranian economy by years under these measures, the country was able to maintain its world's highest rates of pistachio production, doubl
By virtue of a nearly X% jump in exports in 2014, Germany assumed the second spot in the global pistachio trade. In 2014, Germany exported X thousand tons of pistachios totaling X million USD, X% over the previous year. Its primary trading partn
In 2013, the U.S. and Iran were the main global suppliers of pistachios with a combined share of X% of global exports. However, the fastest growing suppliers from 2007 to 2013 were Turkey (+X% per year). The U.S. strengthened its position in the
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.