Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Azerbaijan - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Azerbaijan (CIF) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Azerbaijan
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Azerbaijan (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $5,537 per ton, growing by 3.8% against the previous year. Over the period under review, the import price, however, saw a mild contraction. The growth pace was the most rapid in 2019 when the average import price increased by 74%. Over the period under review, average import prices hit record highs at $8,377 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($6,286 per ton), while the price for China totaled $4,188 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced a decline.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Azerbaijan
In 2022, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into Azerbaijan skyrocketed to 1.7 tons, growing by 23% compared with 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s skyrocketed to $9.3K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 6.8 | 0% |
| China | 0.3 | 0.3 | 1.4 | 2.5 | 102.7% |
| Denmark | 0.2 | 0.2 | 0.8 | N/A | 100.0% |
| Russia | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Germany | 1.5 | 1.4 | 4.1 | N/A | 65.3% |
| Luxembourg | 0.7 | 0.1 | 0.7 | N/A | 0.0% |
| Oman | N/A | 1.5 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 1.7 | N/A | N/A | 0% |
| Netherlands | 0.9 | N/A | N/A | N/A | 0% |
| Others | 2.3 | N/A | N/A | N/A | 0% |
| Total | 6.0 | 5.3 | 7.3 | 9.3 | 15.7% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Azerbaijan in 2022:
- Ukraine (1080.0 kg)
- China (600.0 kg)
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