![Azerbaijan Exports Yogurt](https://turan.az/resized/media/2015/main/030500108904-750-500-resize.webp)
In 2014, the list of exported goods from Azerbaijan first included yogurt, with the entire volume (491 tons) purchased by Afghanistan.
According to the State Customs Committee, the export of yoghurt generated $ 1 million 94.8 thousand. In other words, a kilogram of yogurt was sold abroad at a price of $ 2.23.
It is noteworthy that similar goods are imported at an average price of $ 1.50 / kg. The main suppliers are manufacturers of Russia (2,651.8 tons), Belarus (141.7 tons) and Ukraine (42.9 tons). Last year, imports of dairy products increased by 15% and amounted to 2,859 tons.
According to experts, the monthly consumption of yogurt in Azerbaijan is about 1,000 tons. The only producer of yogurt under the brand name Milla in the country is AZFP Co ltd. Last year, the company Atena launched a joint production of yoghurt with the company Danone. Soon, however, the production was suspended. A source in Danone told Turan that due to the completion of the purchase and installation of new equipment the production will be reopened this year.
According to the State Statistics Committee, Azerbaijan produced 35,218.8 tons of liquid and condensed yogurts in 2014. -----08B
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review