In the first half of this year, Azerbaijan imported 682 tons of coffee (including fried and roasted coffee), which is 5.5 tons or 0.8% less than in the comparable period of 2014 year. At the same time, official importers of costs increased by 14%.
According to the State Customs Committee, in the first half of this year Azerbaijan imported from abroad, 35.9 tons of roasted and raw coffee (caffeinated or not) totaling $ 174.5 thousand.
In addition, it imported 646 tons of ready-to-drink coffee, which was estimated at Azerbaijani customs amounting to $ 1 million 767 thousand.
Thus, 100 grams of roasted and raw coffee was declared at the border for US $ 0.48, and ready-to-drink coffee - $ 0.27 cents.
According to the State Statistics Committee, in January of this year, the retail price of 100-gram cans of coffee in Azerbaijan amounted to 3.72 manat in June - 3.90 manat. This is about 10 times more than is made in the Azerbaijani customs.
Officially, in the first half of the year Azerbaijan imported coffee from Switzerland (12.4 tons), Singapore (84.1 tons), Malaysia (298.5 tons), Russia (147 tons), Turkey (14.6 tons), Ukraine (29, 6 tons) and other countries.
Coffee importers in Azerbaijan are Ltd. FBCO (brand of coffee Gliria Geans), LLC ASSAM (Beta Caffito), LLC Aztrade (Jacobs, Carte Noire), LLC Gilan-Ulker Trading (Ulker), LLC Coffee Planet Azerbaijan (Coffee Planet), LLC Nimex (Lavazza), Nestle Azerbaycan (Nestle) and NUR (MacCoffee).
In previous analyzes of the coffee consumption market in Azerbaijan the news agency Turan, referring to the World Resource Institute, noted that the average annual coffee consumption in the country is underestimated about 140 times. According to official figures, the consumption of coffee per capita in Azerbaijan is only 1 gram, while the world average is 1.3 kg per year. ----- 08B
Economics
-
Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
-
The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
-
In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
-
Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
Leave a review