By October 1, the amount of local agricultural production amounted to 4 308.3 million manat (minus 3.7% for the period a year earlier).
According to the State Statistics Committee of Azerbaijan, in animal production there was increase (3%) and in crop production - decline (9%). In January-September there were produced 324,900 tons of meat (+1.5%), 1,416,300 tons of milk (+3.6%), 1 164 200 000 eggs (+11.6%), and 16 300 tons of wool (+ 1.5%).
Harvesting crops continues. According to the interim results, by October 1, there was harvested 2,338,300 tons of cereals, excluding maize (minus 19.3%) - the lowest performance index.
Furthermore, there were collected 808,900 tons of potatoes (minus 17,8%), 404,2 tons of tea leaf (minus 14.8%), 29 100 tons of sugar beet (minus 16%), 1.125 million tons of vegetables (minus 1, 1%), 532,400 tons of fruit (0.4%), 439,900 tons of melons (+ 2,9%), and 106 100 tons of grapes (1.7%). --17D-
Economics
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For several months now, there have reportedly been delays in the disbursement of pensions and social payments in Azerbaijan. Pensioners say that the delays range from three to five days. For example, they emphasize that while disability pensions used to be paid by the 15th of each month earlier in the year, for the past three months, payments have been made on the 20th or 21st.
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Azerbaijan's revenues from tobacco exports have skyrocketed, with earnings from the first eight months of 2024 reaching $15.6 million, a nearly fivefold increase from $3.2 million during the same period last year. The sharp rise highlights the expanding international demand for Azerbaijan's tobacco products.
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Azerbaijan imported 11,100 tons of tea worth $57.9 million in the first nine months of this year, according to the State Statistics Committee, marking a 14.4% rise in volume and a 13.9% increase in value compared to the same period in 2023. However, with only 500 tons of tea exports totaling $4.8 million, Azerbaijan remains heavily dependent on imported tea, which meets 98% of domestic demand.
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Azerbaijan significantly increased its rice imports to 52,500 tons in the first nine months of 2024, marking a 15.1% rise in physical weight and a 33.3% rise in import value compared to the same period in 2023, according to government data. The average price per ton of rice climbed by 15.8% to $1,042.17, up from $899.77 last year, further underscoring Azerbaijan’s reliance on imports to meet domestic demand, with 85% of the country’s rice needs covered through foreign sources.
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