Bran, sharps and residues from cereal or legume processing market in Azerbaijan

Earlier Report Observations

From 2018 to 2023, the market volume for bran and cereal processing residues in Azerbaijan showed significant fluctuations in physical terms, peaking at 257,000 tons in 2020 but dropping to 170,600 tons in 2022. These shifts were primarily driven by changes in production and export levels, as imports remained minimal.

Production in tons declined from 250,400 tons in 2018 to 226,600 tons in 2022 before recovering to 251,000 tons in 2023. Meanwhile, exports surged to 56,400 tons in 2022, reducing domestic supply and contributing to the market volume contraction. In value terms, the market consistently grew, reaching $38.7 million in 2023, indicating rising product prices or shifts in product mix.

By 2023, market volume rebounded to 225,000 tons, approaching 2018-2019 levels, while the market value continued its upward trend, reflecting changes in pricing or product structure.

Production bran, sharps and residues from cereal or legume processing in Azerbaijan

In kind, 2018-2021, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2018-2021

World map of production of bran, sharps and residues from cereal or legume processing, 2018-2021

Azerbaijan's production of bran, sharps, and residues from cereal or legume processing declined for the second consecutive year. In 2021, the country produced 245.0 K t, marking a modest decrease of 6.7% compared to the previous year. Looking at the period from 2018 to 2021, production fell by 2.2%, which translates to an average annual decline of 0.7%. The highest production level was recorded in 2019 at 263.2 K t, with the largest year-over-year increase of 5.1% also occurring that year.

Annual dynamics of production in Azerbaijan in kind, 2018-2021, K t

In value, 2018-2021, K $ US

In contrast, the value of bran, sharps, and residues from cereal or legume processing production in Azerbaijan rose for the third year in a row. In 2021, output was valued at 38 322 K $ US, representing a 6.9% increase from the year before. Over the 2018-2021 period, production value grew by 28.4%, averaging an 8.7% annual growth rate.

Annual dynamics of production in Azerbaijan in value, 2018-2021, K $ US

Exports bran, sharps and residues from cereal or legume processing from Azerbaijan

Exports in kind, t

Export volumes showed significant volatility during these years. The lowest point was in 2020 at 6 014 t, while the peak occurred in 2018, resulting in a 4.1-fold difference between these extremes. In 2021, Azerbaijan exported 23 265 t, a dramatic surge of 286.9% compared to 2020. The sharpest decline was recorded in 2019, with a drop of 62.5%.

Annual dynamics of product's exports from Azerbaijan in kind, 2018-2021, t

From 2018 to 2021, Georgia and Iraq were the dominant destinations for Azerbaijan's exports in kind, together accounting for 82.7% of total flows. The remaining share was distributed among various other countries.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Azerbaijan in kind, 2018-2021

Exports in value, K $ US

Market performance exhibited noticeable fluctuations over this period. The lowest export value was in 2020 at 820 K $ US, while the highest was in 2021, creating a peak-to-trough ratio of 4.4 times. In 2021, exports reached 3 640 K $ US, a sharp increase of 343.7% from 2020. The most significant decline occurred in 2019, with a 61.1% drop.

Annual dynamics of product's exports from Azerbaijan in value, 2018-2021, K $ US

In value terms, Georgia and Iraq collectively represented 81.8% of total exports from 2018 to 2021. Other countries contributed to a more diversified but smaller portion of the export market.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Azerbaijan in value, 2018-2021

Imports bran, sharps and residues from cereal or legume processing to Azerbaijan

Imports in kind, t

Import data reveals irregular changes, pointing to a volatile market environment. The lowest import volume was in 2021 at 61 t, while the highest was in 2018, showing an 11.3-fold variation between these years. In 2021, imports decreased by 61.4% compared to the previous year. The largest decline was in 2019 at 90.4%, followed by a substantial increase of 137.4% in 2020.

Annual dynamics of product's imports to Azerbaijan in kind, 2018-2021, t

Between 2018 and 2021, Russia was the leading source for Azerbaijan's imports in kind, capturing 83.7% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Azerbaijan in kind, 2018-2021

Imports in value, K $ US

In 2021, Azerbaijan imported bran, sharps, and residues from cereal or legume processing valued at a total of {value_last_year} K $ US, reflecting a strong decrease of 22.3% year-over-year. Over the 2018-2021 period, imports fell by 43.8%, averaging an annual decline of 17.5%. The most significant drop was in 2019 at 43.1%, while the largest increase occurred in 2020 with a 27.2% rise.

Annual dynamics of product's imports to Azerbaijan in value, 2018-2021, K $ US

From 2018 to 2021, Russia clearly dominated as the main supplier in value terms, accounting for 93.6% of total imports of bran, sharps, and residues from cereal or legume processing to Azerbaijan.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Azerbaijan in value, 2018-2021