Imports increase, exports fall, and production uncertainty continues
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- Politics
- 1 August 2022 23:06
Agriculture
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Recently, the Azerbaijani Food Safety Agency of Azerbaijan imposed restrictions on the import of small cattle from Georgia.
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Our calculations, based on information provided by the State Customs Committee (SCC), showed that the cost of food products imported by Azerbaijan in the first quarter of 2024 was 0.3% higher than in the same period last year.
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Unfortunately, in Azerbaijan, products grown in buried soil are offered to consumers at a high price. Our research shows that tomatoes are sold 2-3 times more expensive in Azerbaijani markets in autumn, winter and spring than in neighboring countries.
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A message distributed by the SSC reads that in March 2024, the consumer price index for food, beverages and tobacco products in Azerbaijan amounted to 100.4% compared to the previous month, including 100.5% for food products.
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