Kazakhstani entrepreneurs consider Azerbaijan a promising market

16:56 - 23.08.2022


August 23, Fineko/abc.az. Azerbaijan is a promising market for the supply of pasta from Kazakhstan.

ABC.AZ reports, citing the QazTrade Trade Policy Development Center, that today 92% of pasta imports to Azerbaijan come from Turkiye and Russia.

“Given the difficulties in cooperation with producers from the Russian Federation and Turkiye's dependence on wheat imports, Kazakhstani pasta producers can enter the Azerbaijani market by offering favorable conditions to partners,” QazTrade analysts say.

According to their estimates, in 2021 the volume of the retail pasta market in Azerbaijan amounted to 32.4 million manats, the average annual growth rate in 2016-2021 was 3.7%.

Other news