As of 1 June the area under cotton in Azerbaijan amounted to 18.3 thousand ha, which is 21.1% less than in 2014. As a result of the absence of competition, farmers are forced to sell the crop at a low price, which is why many of them refuse to grow cotton in the coming years.
Since 2011, the area under cotton in Azerbaijan has reduced. In 2011 cotton was harvested from 42.8 thousand ha, but in 2013, farmers planted cotton only on 23.4 thousand ha.
In 2014 Azerbaijan picked 41 thousand tons of raw cotton, which was 5.2 thousand tons (9.3%) less than in 2013. The yield was 17.9 quintals per 1 ha, which was 1.4 quintals less than in 2013.
Ten years ago, cotton was cultivated in Azerbaijan on 112.4 thousand ha and 196.6 thousand tons of the crops were picked.
A ton of cotton is bought at the price of AZN 410-420. Taking into account the costs, the profitability of cotton production is not more than 10-15%, the farmers say. The company MKT Istehsalat Kommersiya controls 17 of the 25 ginneries in Azerbaijan. ---08B
Economics
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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