Pork Market Overview in Azerbaijan
In value terms, pork production shrank to $ in 2019 estimated in export prices. Overall, production showed a deep downturn. The growth pace was the most rapid in 2017 when the production volume increased by % y-o-y. Pork production peaked at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.
The average yield of pork in Azerbaijan contracted to kg per head in 2019, which is down by -% against 2018 figures. Overall, the yield showed a mild decline. The pace of growth appeared the most rapid in 2018 with an increase of % against the previous year. The pork yield peaked at kg per head in 2007; however, from 2008 to 2019, the yield stood at a somewhat lower figure.
In 2019, approx. heads of animals slaughtered for pork production in Azerbaijan; which is down by -% against 2018 figures. Over the period under review, the number of producing animals continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of % year-to-year. The number of animals slaughtered for pork production peaked at heads in 2008; however, from 2009 to 2019, producing animals remained at a lower figure.
The revenue of the pork market in Azerbaijan rose rapidly to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a perceptible descent. The growth pace was the most rapid in 2015 with an increase of % year-to-year. Pork consumption peaked at $ in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.