Production of Wheat, Potatoes, and Other Products Decreased

According to the data recently released by the State Statistics Committee, the consumer price index for food products, beverages, and tobacco products in Azerbaijan was 102.0% in July 2024 compared to the previous month and 100.2% compared to July 2023. This means that in July, food products became 2% more expensive compared to the previous month.

In July of this year, there were numerous articles and video reports in the mass media about the significant increase in fruit and vegetable prices in Azerbaijan. These reports cited the rise in diesel and gasoline prices and the impact of abnormal weather conditions as the main reasons for the increase in prices, including tomatoes.

In the first 6 months of 2024, Azerbaijan produced agricultural products worth 6 billion 19 million manats, of which 3138.7 million manats accounted for livestock products, and 2881 million manats for crop production,  the State Statistics Committee (SSC.) This is by 0.3% more than in the same period last year.

In the first half of 2024, food products worth 1 billion 131 million 483 thousand USD were imported into the country, which is 73 million 54 thousand USD, by 6.9% more than in the same period of 2023, State Customs Committee (SCC). In January-June 2023, food products were imported into the country for 1 billion 58 million 429 thousand USD. Over  the past 5 years, imports of food products in January-June increased by 55.3%, and over the past 10 years - by more than 2.2 times.