In the first half of this year Azerbaijan imported 800.500 tonnes of wheat, by 264,000 tons or 49.5% more than in the same period in 2014. Approximately 94% of wheat was purchased in Russia, the State Statistics Committee. Only in the second quarter of this year, the volume of purchases from abroad amounted to about 305,000 tons.
A ton of wheat cost the importers at $ 234.3, which is by 10% lower than in the first half of last year.
According to the Ministry of Agriculture, this year Azerbaijan produced 1,687,000 tons of wheat, by 243,000 tons or 16.8% more than in 2014. The harvest totaled 31.3 c/ha, by 7.4 c/ha more than last year. 08B
Economics
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In 2024, Azerbaijan’s wheat production reached 1,685.7 thousand tons, reflecting a sharp decline of 148.2 thousand tons compared to the previous year, according to the State Statistical Committee. Wheat productivity also fell by 8.5%, dropping from 33.8 quintals per hectare in 2023 to 30.9 quintals in 2024. These figures underscore a troubling trend for a nation that meets only 25% of its domestic wheat needs through local production.
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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