In the first quarter of this year Azerbaijan was delivered 495,611.5 tons of wheat, which is approximately two times higher than the figure for the same period last year.
In the first months of this year, the country experienced a shortage of wheat stocks, in connection with which the Ministry of Emergency Situations controlling the State Grain Fund increased its purchases abroad. According to the State Customs Committee, a ton of wheat was imported at $ 236.5.
Kazakhstan was purchased about 42 thousand tons of wheat and Russia was bought 453.6 thousand tons.
Last year, the average price of imported wheat (1 million 195.6 thousand tons) was $ 245.8. The volume of domestic production of wheat amounted to 1 450 thousand tons, which is 23.5% less than in 2013.
The Ministry of Agriculture told Turan that in the coming days mass harvesting of wheat will start. This year, wheat was sown on 540 thousand hectares. ----08B
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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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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