The purchasing power of the population also declined and this may have contributed to the drop in imports. Bananas are selling today for around 3 manat per kg at retail.
According to the State Customs Committee, in the first quarter about $4 million was spent on banana imports, 2.4 million less than for the comparable period of 2015.
In 2015, the volume of imports of bananas to Azerbaijan amounted to 19,600 tons ($ 18.3 million).
(1 Azerbaijani Manat=0.67 USD)