Imports of basic food products have increased significantly
Agriculture
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According to recent data released by the State Statistics Committee, agricultural production worth 12 billion 216 million manat was produced in Azerbaijan in the January-November period of 2024, representing a 1% increase compared to the same period last year. The Committee's report also noted that the value of crop production increased by 0.6% to 6 billion 23 million manat, while the value of livestock production rose by 1.4% to 6 billion 192 million manat over the past year.
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The Azerbaijani Parliament has amended the procedures for leasing agricultural lands in the liberated territories of Karabakh to entrepreneurial entities.
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The State Statistics Committee recently reported that in November 2024, the consumer price index in Azerbaijan was 100.7% compared to the previous month, and for January-November, it was 102.0% compared to the same period of the previous year.
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The State Statistics Committee reported that meat production in Azerbaijan reached 491,400 tons in live weight from January to October 2024, a 1.2% increase compared to the same period last year. According to calculations based on these figures, meat production in live weight rose by 6,000 tons year-on-year during this period. While the committee highlights a growth in meat production during the first ten months of 2024, meat imports have also risen significantly. Based on data from the Customs Committee, meat imports increased by 38.3% in physical weight and 49.7% in value during the same period.
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