Azerbaijan: Tomato Puree Market 2024

Tomato Puree Market Size in Azerbaijan

In 2022, the Azerbaijani tomato puree market decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Tomato Puree Production in Azerbaijan

In value terms, tomato puree production fell modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Tomato Puree Exports

Exports from Azerbaijan

In 2022, shipments abroad of tomato puree and paste decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, exports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, tomato puree exports expanded significantly to $X in 2022. Overall, exports, however, continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X tons), Iraq (X tons) and Russia (X tons) were the main destinations of tomato puree exports from Azerbaijan, with a combined X% share of total exports. Kazakhstan lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Georgia ($X), Iraq ($X) and Russia ($X) were the largest markets for tomato puree exported from Azerbaijan worldwide, together accounting for X% of total exports. These countries were followed by Kazakhstan, which accounted for a further X%.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tomato puree export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Russia ($X 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 Iraq (X%), while the prices for the other major destinations experienced mixed trend patterns.

Tomato Puree Imports

Imports into Azerbaijan

In 2022, approx. X tons of tomato puree and paste were imported into Azerbaijan; waning by X% on 2021. Overall, imports, however, saw a temperate increase. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, tomato puree imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X tons), Iran (X tons) and Turkey (X tons) were the main suppliers of tomato puree imports to Azerbaijan, with a combined X% share of total imports. Georgia, Ukraine and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Georgia (with a CAGR of X.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Turkey ($X) and Iran ($X) were the largest tomato puree suppliers to Azerbaijan, together comprising X% of total imports. Georgia, Italy and Ukraine lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Georgia, with a CAGR of X.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tomato puree import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tomato puree import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Iran ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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