Key Market Indicators
Azerbaijan's juice import market is projected to decline over the next five years. By 2028, imports are expected to reach approximately $2.8 million, down from $3.6 million in 2023. This represents an annual decrease of about 3.8%. The downward trend in juice imports is not a new phenomenon for Azerbaijan. Since 2001, demand for imported juice has been decreasing at an average rate of 0.5% per year. In contrast, Azerbaijan's juice export market is on an upward trajectory. By 2028, exports are forecasted to rise to around $11.4 million, up from nearly $11 million in 2023. This equates to an average annual growth rate of 0.6%. Historically, the country's juice export sector has experienced robust growth. Since 2001, the supply of Azerbaijani juice to international markets has increased by an average of 2.5% per year.
