Azerbaijan halves wheat imports in January

Published 2024년 3월 18일

Tridge summary

In January 2024, Azerbaijan saw a significant decrease in wheat imports, dropping by 50.8% to 70.145 thsd tonnes, with a total value of $16 mln. 283.9 thousand, a decrease of 62.5% compared to the same period in 2023. Despite this, the country continued to import a variety of goods including vegetable oils, tea, butter, meat, and various fruits and vegetables. On the export side, goods such as vegetables, fruits, potatoes, sugar, oil, fruit and vegetable juices, natural grape wines and grape must, canned fruit and vegetables, tobacco, and tea were exported.

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Original content

In January 2024, wheat imports to Azerbaijan amounted to 70.145 thsd tonnes, down 50.8% compared to January 2023, the State Statistics Committee reported to Interfax-Azerbaijan. According to the statistics, the total value of wheat imported to the country amounted to $16 mln. 283.9 thousand (down 62.5%). Thus, in January, Azerbaijan purchased a ton of wheat for $232.14 (the average price for purchased wheat in 2023 was $258.63 per ton – IF-Az). During the reporting period, Azerbaijan also imported vegetable oils – 19.849 thousand tons (up 2.7 times) for $22 million 177.4 thousand (up 2.2 times), tea – 922.7 tons (down 16.9%) for $4 million 724 thousand (down 20.6%), butter, other oils from milk and paste – 1.022 thousand tons (up 11.1%) for $5 million 441.8 thousand (down 6%). At the same time, Azerbaijan imported 687.6 tons of cattle meat (up 69.2%) worth $2 million 604.9 thousand (up 89.1%), poultry meat and poultry products – 3.241 thousand tons (up 76%) worth $4 million 941.8 ...

Source: UkrAgroConsult