Export trends of the fruit growing sector in the Republic of Azerbaijan: a comparative analysis
Yusif Akhundov Mammadaga |
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Ph.D. student of the Agricultural Research Center | |
yusif@axundov.com |
The article analyzes 5 main fruits exported from the Republic of Azerbaijan (persimmons, hazelnuts, apples, cherries, and peaches) in terms of export quantity, value and price for the years of 2013-2022. The general export trends of those products on a global scale were determined and comparisons were conducted. As a result of the analysis, forecasts were made on the export trend of 5 products. It is shown that the trend of production and export of the investigated products in the Republic of Azerbaijan will continue to grow in the next 5 years; in terms of prices, although the expected overall dynamics is positive, their growth rate will continue with a weakening trend. At the same time, recommendations for producers and policy makers were put forward under the conditions of increasing export quantity and stable export prices.
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Savalan. Seyfaddinov
Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan
Ph.D. in Agrarian Sciences
Okiemua. Okoror
Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK