What is the price of chocolate per kilogram/pound in Azerbaijan today?
The retail price range for Azerbaijan chocolate is between US$ 2.44 and US$ 7.62 per kilogram or between US$ 1.11 and US$ 3.46 per pound(lb). Click here to see today's exact prices of chocolate in Azerbaijan
The retail price range in Azerbaijan Manat for chocolate is between AZN 4.15 and AZN 12.97 per kilogram or between AZN 1.88 and AZN 5.88 per pound(lb) in Baku and Ganja.
Wholesale prices
In 2024, the approximate wholesale price range for Azerbaijan chocolate is between US$ 1.71 and US$ 5.34 per kilogram or between US$ 0.77 and US$ 2.42 per pound(lb).
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Azerbaijan Chocolate Export Prices - Historical, Trends and Prediction
The export price of chocolate from Azerbaijan over the last five years has been relatively stable. In 2017, the price per kilogram was 2.12 US dollars, and in 2018 it increased slightly to 2.19 US dollars. In 2019, the price dropped to 2.14 US dollars, and in 2020 it decreased further to 2.12 US dollars. In 2021, the price increased slightly to 2.16 US dollars. Based on this data, it is likely that the export price of chocolate from Azerbaijan will remain relatively stable in the next two years, with an estimated price of 2.16 US dollars per kilogram in 2023 and 2024.The chocolate exports from Azerbaijan are categorised as:
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
Azerbaijan Chocolate Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chocolate into Azerbaijan over the last five years has been relatively stable. In 2016, the price was 2.40 US dollars per kg, followed by 2.12 US dollars per kg in 2017. In 2018, the price increased slightly to 2.19 US dollars per kg, before dropping to 2.14 US dollars per kg in 2019. The price remained steady in 2020 and 2021, at 2.12 and 2.16 US dollars per kg respectively. Based on this trend, it is predicted that the import price per kilogram of Chocolate into Azerbaijan in 2023 will be 2.14 US dollars per kg, and in 2024 will be 2.16 US dollars per kg.Export values for Azerbaijan chocolate
The total values in export for chocolate in Azerbaijan were US$ 4,941, US$ 6,005, US$ 3,785 and US$ 5,391 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Azerbaijan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of chocolate in other countries across Asia: Kazakhstan chocolate, Kyrgyzstan chocolate, Tajikistan chocolate, Turkmenistan chocolate, Uzbekistan chocolate, China chocolate, Hong Kong chocolate, Macao chocolate, North Korea chocolate & Mongolia chocolate.
Azerbaijan chocolate - Production, Exports, Imports, Seasons and HS Codes
In 2019 Azerbaijan exported 2,519 tonnes of chocolate. For 2019 alone, the demand for Azerbaijan chocolate (processed category) has escalated, changing by 45.944 per cent compared to the year 2018. Between 2017 and 2019, chocolate's exports went down by -11.21 pc netting the exporter US$5.39m for the year 2019. Azerbaijan's chocolate exports are classified as:
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
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Azerbaijan chocolate export values
In 2019, Azerbaijan supplied chocolate worth 5.39m USD, an increment of 42.40% from 2018's total chocolate export of 3.785m USD. The yearly increase in value of Azerbaijan chocolate between 2017 to 2018 was -36.969 per cent.
The yearly change in the volume of Azerbaijan's chocolate exports between 2017 and 2019 was -11.21 pc compared to a variation of 45.944% in the period between 2018 and 2019.
Export markets for Azerbaijan chocolate ( in '000$ )
Azerbaijan's best performing destinations for chocolate are Russia, Georgia, Turkey, Uzbekistan and United Arab Emirates (UAE).
Azerbaijan purchased 24,161 tonnes of chocolate in 2019.