Azerbaijan reduced wheat imports by 9% in 2023

Market & Price Trends
Published Feb 16, 2024

Tridge summary

In 2023, Azerbaijan saw a decline in the import of wheat, raw sugar, vegetable oils, tea, butter, and pasta, with wheat imports decreasing by 9.1% in quantity and 30.4% in cost. However, the import of cattle meat increased by 72.5%. On the export front, the country saw an increase in the export of fruits by 20.1% and fruit and vegetable juices by 44.2%, while the export of sugar and vegetable oils declined.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Wheat imports to Azerbaijan in 2023 amounted to 1 million 175.341 thousand tons, which is 9.1% less than in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. According to statistics, the total cost of wheat imported into the republic amounted to $303 million 983.1 thousand (a decline of 30.4%). Thus, in 2023, a ton of wheat was purchased by Azerbaijan for $258.63 (the average price for purchased wheat in 2022 was $337.6 per ton - IF-Az). During the reporting period, Azerbaijan also imported 258.702 thousand tons of raw sugar and sugar (a decrease of 19.7%) worth $164 million 620 thousand (a decrease of 6%), vegetable oils - 121.179 thousand tons (a decrease of 15% ) by $141 million 291.6 thousand (a decline of 40.8%), tea - 13.676 thousand tons (a decline of 5.1%) by $70 million 557 thousand (a decline of 6.5%), butter, other oils from milk and pasta - 16.596 thousand tons (a decline of 11.6%) for $92 million 416.4 thousand (a decline of 15.5%). Along with ...
Source: Zol
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