Category: Food
Azerbaijan Food
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Azerbaijan Savoury Snacks
... thanks to a reduction in inflation. However, with the resultant easing of cost-of-living pressures strengthening confidence and purchasing power among consumers, the category is set to register an improved performance in retail volume growth terms. ... Read More
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Azerbaijan Chocolate Confectionery
... inflation linked to the global recovery from the pandemic and the fallout of Russia’s invasion of Ukraine. With many people still inclined to rein in discretionary spending due to the rising cost of living, retail ... Read More
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Azerbaijan Ice Cream
... volume growth terms in 2024. Conversely, the easing of pricing pressures means current value growth is projected to slow from 2023, albeit only moderately. Impulse ice cream has been the chief beneficiary of the uptick ... Read More
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Azerbaijan Snacks
... by the gradual easing of inflationary pressures related to the global recovery from COVID-19 and Russia’s invasion of Ukraine. Falling inflation has reduced the extent and scale of unit price hikes as compared to 2023, ... Read More
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Azerbaijan Sugar Confectionery
... a reduction in the rate of inflation. The latter factor has also helped to strengthen confidence and purchasing power among the population, however, hence overall retail volume sales growth is expected to be up modestly ... Read More
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Azerbaijan Sweet Biscuits, Snack Bars and Fruit Snacks
... snacks is set to record a slowdown in current value growth in 2024, but post slightly faster growth in retail volume sales than it did in 2023. Even with the nascent recovery in confidence and ... Read More
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Sweet Spreads in Azerbaijan
... due to the rising cost of sugar, fruits and berries. The most popular taste preferences among consumers remain strawberries, raspberries, cherries and figs, among others. Local consumers enjoy eating preserves with pieces of fruit, whilst ... Read More
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Edible Oils in Azerbaijan
... is traditionally the cheapest oil per unit in Azerbaijan. The decrease in retail prices in 2023 is linked to falling prices of sunflower oil on a global level. Consequently, after two years of double-digit current ... Read More
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Sauces, Dips and Condiments in Azerbaijan
... higher demand than mayonnaise in 2023, with retail volume sales rising at a greater pace. The local population considers ketchup to be more beneficial to health than mayonnaise, with many consuming it with meat products. ... Read More
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Cooking Ingredients and Meals in Azerbaijan
... prices across the cooking ingredients and meals category in 2022, but prices have begun to re-adjust in 2023 with a decrease in the price of sunflower and corn oil. As a result, there was a ... Read More
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Meals and Soups in Azerbaijan
... are returning to normal cycles as employees embrace everyday life and rely on the convenience of ready meals in order to save time. The growing number of women in employment is also driving sales. Still, ... Read More
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Cheese in Azerbaijan
... a factor that also influences pricing. The war in Ukraine has disrupted trade flows and supply chains in the cheese category, ultimately leading to higher unit prices. Euromonitor International's Cheese in Azerbaijan report offers in-depth ... Read More
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Yoghurt and Sour Milk Products in Azerbaijan
... from Russia and Ukraine and trade flows remain disrupted. Inflation also remains stubbornly high in Azerbaijan, putting upward pressure on price. Consumers are being more conservative in their household shopping habits and are reducing consumption ... Read More
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Other Dairy in Azerbaijan
... fromage frais. The latter is by far the most popular product in other dairy and is used in many traditional recipes. In addition, in recent years, it has also been benefitting from the high-protein trend. ... Read More
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Butter and Spreads in Azerbaijan
... rate slowed in Azerbaijan and logistical supply chains were adjusted to support an increase in retail volume sales. Butter, in particular is reliant on imports of raw materials, with only about 50% of local butter ... Read More
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Dairy Products and Alternatives in Azerbaijan
... sensitivity remains strong with a high proportion of people cautious about how they allocate their household budget. Nevertheless, inflation has fallen slightly in 2023 and some categories, such as butter, are even seeing price reductions. ... Read More
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Baby Food in Azerbaijan
... somewhat in 2023, current value growth has also abated, although consumption still remains in decline. In general, baby food has a solid consumer base in Azerbaijan, as birth rates remain comparably high in the country. ... Read More
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Sugar Confectionery in Azerbaijan
... being said, inflation is expected to still be an issue, though its growth is expected to ease slightly in 2023. As a result, consumers are expected to still be highly price sensitive and prioritise value ... Read More
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Gum in Azerbaijan
... gets bad press. It is seen as being bad for the environment, in terms of disposability, and also high in sugar. Euromonitor International's Gum in Azerbaijan report offers in-depth knowledge of the market at a ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Azerbaijan
... export revenue should protect the economy to an extent. That being said, inflation is expected to still be an issue, though its growth is expected to ease slightly in 2023. As a result, consumers are ... Read More
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Ice Cream in Azerbaijan
... summer. Inflation is expected to still be an issue, though its growth is expected to ease slightly. As a result, consumers are expected to still be highly price sensitive and prioritise value for money. In ... Read More
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Savoury Snacks in Azerbaijan
... growth is expected to ease slightly in 2023. As a result, consumers are expected to still be highly price sensitive and prioritise value for money. In addition, a rise in import tax is expected to ... Read More
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Snacks in Azerbaijan
... inflation and tightening monetary policy. Azerbaijan’s high energy export revenue should protect the economy to an extent. That being said, inflation is expected to still be an issue, though its growth is expected to ease ... Read More
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Chocolate Confectionery in Azerbaijan
... being said, inflation is expected to still be an issue, though its growth is expected to ease slightly in 2023. As a result, consumers are expected to still be highly price sensitive and prioritise value ... Read More
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Grocery Retailers in Azerbaijan
... by ongoing urbanisation and investment in the country’s second tier cities and small towns. As consumer lifestyles become increasingly hectic and the middle class continues to emerge, convenience will become an ever-higher priority for locals, ... Read More
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