What is the price of sugar per kilogram/pound in Azerbaijan today?
The retail price range for Azerbaijan sugar is between US$ 0.32 and US$ 0.44 per kilogram or between US$ 0.14 and US$ 0.20 per pound(lb). Click here to see today's exact prices of sugar in Azerbaijan
The retail price range in Azerbaijan Manat for sugar is between AZN 0.54 and AZN 0.75 per kilogram or between AZN 0.25 and AZN 0.34 per pound(lb) in Baku and Ganja.
Wholesale prices
In 2024, the approximate wholesale price range for Azerbaijan sugar is between US$ 0.22 and US$ 0.31 per kilogram or between US$ 0.10 and US$ 0.14 per pound(lb).
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Azerbaijan Sugar Export Prices - Historical, Trends and Prediction
The export price of sugar from Azerbaijan over the last five years has seen a steady decline. In 2016, the price per kilogram was 0.57 US dollars, followed by 0.65 US dollars in 2017. In 2018, the price dropped to 0.57 US dollars and further decreased to 0.43 US dollars in 2019. The price remained relatively stable in 2020 and 2021, with 0.44 US dollars and 0.54 US dollars respectively. Based on this trend, it is predicted that the export price of sugar from Azerbaijan in 2023 will be 0.41 US dollars and 0.39 US dollars in 2024.The exports of sugar from Azerbaijan are categorised as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
Azerbaijan Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Azerbaijan over the last five years has seen a steady decline. In 2016, the price was 0.57 US dollars per kg, followed by 0.65 US dollars per kg in 2017. In 2018, the price dropped to 0.57 US dollars per kg and further decreased to 0.43 US dollars per kg in 2019. The price remained relatively stable in 2020 at 0.44 US dollars per kg and increased slightly to 0.54 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of sugar into Azerbaijan in 2023 will be 0.41 US dollars per kg and in 2024 will be 0.39 US dollars per kg.Export values for Azerbaijan sugar
The total values in export for sugar in Azerbaijan were US$ 62,030, US$ 39,515, US$ 24,975 and US$ 26,880 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 sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
Azerbaijan sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Azerbaijan exported 62,069 tonnes of sugar. For the year 2019 alone, the demand for Azerbaijan sugar (processed category) has increased, recording a change of 40.765 percent compared to the year 2018. Between 2017 and 2019, sugar's exports went up by 1.41 percent earning the country US$26.88m for the year 2019. Azerbaijan's sugar exports are classified as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Azerbaijan sugar export values
In 2019, Azerbaijan supplied sugar with a value of 26.88m USD, a growth of 7.63% from 2018's total sugar export of 24.975m USD. The annual growth in value of Azerbaijan sugar between 2017 to 2018 was -36.796%.
The per year change in the quantity of Azerbaijan's sugar exports between 2017 and 2019 was 1.41 per cent in comparison to a variation of 40.765% in the period between 2018 and 2019.
Export markets for Azerbaijan sugar ( in '000$ )
Azerbaijan's best performing destinations for sugar are Georgia, Ukraine, Iraq, China and Mongolia.
Azerbaijan imported 346,412 tonnes of sugar in 2019.