Azerbaijani persimmon producers are working to develop new export markets

Published Dec 2, 2024

Tridge summary

The global persimmon market is expected to grow from its current $0.89 billion to $1.2 billion by 2029. Azerbaijan is among the contributing countries, with its persimmon exports experiencing a growth of 14.7% in the first ten months of 2024, reaching a value of $52.9 million. The country's production is supported by various subsidies and insurance, with a focus on increasing export markets and processing activities. Economist Rauf Garayev stresses the importance of diversifying export markets and expanding the production of value-added persimmon products to reduce storage costs and increase income for producers.

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Original content

The demand for persimmons in the world market is increasing year after year. If the current volume of the world persimmon market is about $0.89 billion, then, according to forecasts, by 2029 it will reach $1.2 billion. The volumes of persimmon production and export in Azerbaijan are growing, while experts note the need to expand export markets and organize the processing of persimmon fruits, EastFruit reports. Azerbaijan's revenues from persimmon exports continue to grow: in January-October 2024, Azerbaijan exported 74,543 tons of persimmons worth $52.9 million. According to the State Customs Committee, this is $6.8 million (14.7%) more than in the same period last year, and 10 thousand 680 tons (16.7%) more than in the same period last year. Over 10 months, persimmon exports amounted to 0.23% of the country's total exports. During the same period last year, Azerbaijan exported 63,863 tons of persimmon worth $46.1 million, writes Zerkalo.az. Azerbaijani farmers grow it in ...

Source: Eastfruit