Rise in price of potatoes is artificial
Baku/25.12.13/Turan : This year, agricultural production in Azerbaijan rose by 4.8%. Compared with 11 months in 2012 the rate of production decreased by 0.9%. Experts say that for some types of agricultural products statistics somewhat overstated .
According to the State Statistics Committee, the volume of agricultural production reached 4990 million manat. The share of agriculture in GDP was 5.3% , down 0.2 % over the comparable period in 2012 .
This year, the production of plant varieties grown by 4 % , animal products - 5.5%. This year, the decreased production of sunflower (minus 9.9%) , cotton ( 22% ) and tobacco ( 20% ) .
According to the SSC , this year the potatoes were planted on 65,300 hectares , 500 hectares less than in 2012 . However, this did not prevent SSC from counting potato production at 992,700 tons, up 2.4% ( 24,000 tons) more than last year. With such volumes the retail price of potatoes has grown in recent months about 2 times and is today 1.2-1.5 manats per 1 kg.
According to the potato balance for 2012, ingestion of potatoes was 668,000 tons.
State Customs Committee (SCC) fixes import of 76,600 tons and export of 58,800 tons of potatoes .
Annual losses amounted to 61,700 tons, or 6.3% of production. The fact that inflation data on local production and indirectly confirm specialists. According to the former Deputy Minister of Agriculture Islam Ibrahimov, the country is scarce with potatoes chronically. He stressed the value of sharp rise in prices of potatoes is also a response by the growers to the increasing tariffs on fuel. But basically it is an artificial phenomenon , he said.
Note that the SCC charges 0.42 manat per each kilogram of potato imports . - 08B-
Economics
-
Natural gas supplies from Azerbaijan to Bulgaria have been temporarily suspended due to technical reasons from January 6, 2025, Turan reports. Bulgarian «Bulgargaz» Energy Company has announced the suspension, noting that supplies are expected to resume on January 11, 2025.
-
In 2024, Azerbaijan welcomed 3.523 million passengers from 38 countries via air transportation, reflecting a significant 32.1% increase compared to the previous year. According to the State Tourism Agency, this also marks an expansion in reach, with visitors arriving from three additional countries, an 8.5% rise year-on-year.
-
As Azerbaijan sets an ambitious trajectory for economic growth in 2025, the country is poised to expand its investment portfolio and develop innovative financial instruments. These efforts aim to create a favorable environment for both domestic and international investors, while steering the economy away from oil dependency toward diversified and sustainable growth.
-
In 2025, Azerbaijan will celebrate a series of public holidays and mourning events combining cultural traditions, religious rituals and national commemorations. The calendar, approved by the Cabinet of Ministers, defines significant dates that will provide citizens with the opportunity to honor their heritage, reflect on history, and relax with family and friends.
Leave a review