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In January-October 2024, investments at 14391,1 million manats were directed to fixed assets.In January-October 2024 4,9 percent more gross domestic product was produced in the country.In January-July 2024 foreign trade turnover of the country made 26239,4 million USD.In August 2024, consumer price index was 103,5 percent compared to August 2023.In January-August 2024, retail trade turnover increased in real terms by 3,5 percent.In January-August 2024, 4,3 percent more gross domestic product was produced.In January-July 2024, average monthly nominal salary in the country made 1002,4 manats.In January-August 2024, industrial products at 42,4 billion manats were produced.In January-July 2024, investments at 9438,7 million manats were directed to fixed assets.

Apiculture

05.03.2022, 12:00

Based on the results of statistical survey organized by the State Statistical Committee of the Republic of Azerbaijan, in 2021 there were obtained 6802.7 ton of honey, 172.6 ton of bee wax, 15.6 ton of bee glue, 17.8 ton of bee bread and 215.4 kg of bee milk from 625.3 thsd bee families existing in 33332 farms. Average sale price of 1 kg of honey made 25.3 manats, bee wax - 13.2 manats, bee glue - 92.3 manats, bee bread - 117.5 manats, average sale price of 1 gr of bee milk was 6.5 manats.

According to the decree of the President of the Republic of Azerbaijan on “Stimulating the development of apiculture in the Republic of Azerbaijan” dated 5 March 2018, № 3747 the subsidy in amount of 10 manats has been identified per bee family (beehive) to natural and legal entities engaged in apiculture and that positively impacted on development of apiculture in the country. Thus, in comparison with 2017 the number of bee families in 2021 increased by 2.3 times while production of honey increased by 2.2 times. Generally, during 13 years after approval of the Law on “Apiculture” of the Republic of Azerbaijan the production of honey increased by 4.8 times, number of bee families by 4.4 times and number of bee families per farm engaged in apiculture increased from 11.1 to 18.8.

Tel: 377 10 70 (22-40)

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