For the six months of this year in Azerbaijan there was packaged 1,492 tons of tea. This is 50% less than in the same period of 2013, they told Turan in the State Committee of Statistics.
Despite the sharp decline in production, there is no deficit for the product on the shelves. There has been no increase in the price of Azerbaijani tea.
Decrease in tea production has been observed in Azerbaijan since 2010. While the tea factories produced 10 900 tons of tea in 2010, this figure dropped to 10 700 tons in 2012. In 2013 (7 500 tons) tea production declined by 30%.
Packing is carried out from imported raw materials, since the local tea production represents roughly 5% of the demand. According to the Ministry of Agriculture, from May to July collected from plantations was 316.7 tons of tea, which is 78 tons less than in the same period last year.
According to the estimates of the State Committee of Statistics, in the last 4 years tea consumption in Azerbaijan decreased by 1,160 tons and reached 11,027 tons in 2013.
In the first half of this year Azerbaijan delivered from India, Sri Lanka and others 4 438.9 tons of tea at a total declared value of $ 10 217 600. Over the same period it exported 2 346.2 tons of tea ($ 13,922,500).
Tea is packed mainly in Baku and Lankaran. According to a report on industrial production of SCS for 2013, in Baku there was produced 4129 tons of tea, which is 44% less than in 2012. At the tea-packing factory in Lankaran last year there was a decrease of production (237.9 tons - 4.1%). --08D--
Economics
-
On September 20, 2024, Volts Energy Ltd., an engineering company based in Abu Dhabi, and Azerbaijan’s Turan Energy LLC announced the creation of a new joint entity, TuranVoltsEnergy. This venture will focus on EPC (Engineering, Procurement, and Construction) projects in renewable energy and energy storage systems within Azerbaijan.
-
The number of passengers traveling by air from Azerbaijan has seen a significant increase in 2024, rising by 26.7% from January to September compared to the same period last year. According to the State Agency for Tourism, a total of 2,548,897 people used air transport services to travel to 40 countries during this period.
-
Azerbaijan’s prolonged border closures, approaching five years, have taken a profound toll on the labor market, particularly in border regions, where cross-border trade and services were once critical economic drivers. Official data highlights the stark disparity between the growing labor force and the lack of new job creation in these areas, underscoring the social and economic challenges faced by residents.
-
Azerbaijan’s food imports have surged to unprecedented levels, with a significant rise recorded in the first nine months of 2024, according to data from the State Customs Committee. Food imports for January-September reached USD 1.755 billion, marking an 11.4% increase over the same period last year. This represents a USD 179.7 million increase compared to 2023, setting a record for food imports in the country’s history. Over the past decade, food imports have more than doubled, rising by 2.4 times, with a notable 52.5% growth in the last five years alone.
Leave a review