What is the price of margarine per kilogram/pound in Azerbaijan today?
The retail price range for Azerbaijan margarine is between US$ 2.30 and US$ 7.07 per kilogram or between US$ 1.04 and US$ 3.21 per pound(lb). Click here to see today's exact prices of margarine in Azerbaijan
The retail price range in Azerbaijan Manat for margarine is between AZN 3.90 and AZN 12.03 per kilogram or between AZN 1.77 and AZN 5.46 per pound(lb) in Baku and Ganja.
Wholesale prices
In 2025, the approximate wholesale price range for Azerbaijan margarine is between US$ 1.61 and US$ 4.95 per kilogram or between US$ 0.73 and US$ 2.25 per pound(lb).
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Azerbaijan Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Azerbaijan has seen a steady decline over the last five years. In 2015, the price was 1.77 US dollars per kg, which dropped to 0.99 US dollars per kg in 2016. This trend continued in 2017 and 2018, with the price reaching 0.98 and 1.02 US dollars per kg respectively. In 2019, the price dropped to its lowest point of 1.00 US dollars per kg, before increasing slightly to 1.02 US dollars per kg in 2020. The most recent data shows that the price has increased to 1.36 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Margarine from Azerbaijan will be 1.30 US dollars per kg in 2023 and 1.34 US dollars per kg in 2024.The Azerbaijan margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
Azerbaijan Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Azerbaijan has seen a steady increase over the past five years. In 2015, the price was 1.77 US dollars per kg, which dropped to 0.99 US dollars per kg in 2016. The price then remained relatively stable, with a slight decrease to 0.98 US dollars per kg in 2017, and a slight increase to 1.02 US dollars per kg in 2018 and 2019. In 2020, the price rose again to 1.02 US dollars per kg, and in 2021 it increased to 1.36 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Margarine into Azerbaijan will continue to increase in the coming years. We can predict that the price in 2023 will be around 1.50 US dollars per kg, and in 2024 it will be around 1.64 US dollars per kg.Export values for Azerbaijan margarine
The total values in export for margarine in Azerbaijan were US$ 2,938, US$ 2,591, US$ 2,788 and US$ 2,318 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Azerbaijan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Asia: Kazakhstan margarine, Kyrgyzstan margarine, Tajikistan margarine, Turkmenistan margarine, Uzbekistan margarine, China margarine, Hong Kong margarine, Macao margarine, North Korea margarine & Mongolia margarine.
Azerbaijan margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Azerbaijan exported 2,310 tonnes of margarine. For 2019 alone, the interest in Azerbaijan margarine (processed category) has gone down, flactuating by -15.816 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports reduced by -12.2% earning the country US$2.32m for the year 2019. Azerbaijan's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Azerbaijan margarine export values
In 2019, Azerbaijan supplied margarine valued at 2.32m USD, a decrease of -16.79% from 2018's total margarine export of 2.788m USD. The annual reduction in value of Azerbaijan margarine between 2017 to 2018 was 7.603%.
The annual change in the amount of Azerbaijan's margarine exports between 2017 and 2019 was -12.2 per cent when compared to a variation of -15.816% in the growth rate between 2018 and 2019.
Azerbaijan's share of the world's total margarine's exports in 2019 was less than 1%. Azerbaijan is ranked position 63 in world exports of margarine.
Export markets for Azerbaijan margarine ( in '000$ )
Azerbaijan's best performing destinations for margarine are Georgia, Turkmenistan, Uzbekistan, Russia and Kyrgyzstan.
Import/Export Trends
Azerbaijan is a net importer of margarine. The annual growth of Azerbaijan margarine in value between 2015 to 2019 was 5%, per year, while annual growth in quantity during the same period was 9%, per annum.
Azerbaijan bought 3,160 tonnes of margarine in 2019.