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Azerbaijan - Carbonates And Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarbonate Price in Azerbaijan - 2023
Contents:
- Carbonate Price in Azerbaijan (CIF) - 2022
- Carbonate Price in Azerbaijan (FOB) - 2022
- Carbonate Imports in Azerbaijan
- Carbonate Exports in Azerbaijan
Carbonate Price in Azerbaijan (CIF) - 2022
The average carbonate import price stood at $184 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonate import price increased by +17.1% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 105%. As a result, import price reached the peak level of $205 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($395 per ton), while the price for Iran ($117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonate Price in Azerbaijan (FOB) - 2022
In 2022, the average carbonate export price amounted to $296 per ton, reducing by -28.2% against the previous year. In general, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2016 an increase of 495% against the previous year. The export price peaked at $7,500 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +1.8% per year.
Carbonate Imports in Azerbaijan
In 2022, imports of carbonates and peroxocarbonates into Azerbaijan soared to 65K tons, increasing by 15% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, carbonate imports skyrocketed to $12M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Carbonate in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1.1 | 0.8 | 1.9 | 5.8 | 74.1% |
Iran | 4.3 | 4.7 | 5.2 | 4.4 | 0.8% |
Turkey | 1.3 | 1.0 | 1.4 | 1.7 | 9.4% |
Others | 1.1 | 0.5 | 0.6 | 0.2 | -43.3% |
Total | 7.8 | 6.9 | 9.1 | 12.0 | 15.4% |
Top Suppliers of Carbonate to Azerbaijan in 2022:
- Iran (37.4K tons)
- Russia (23.2K tons)
- Turkey (4.3K tons)
Carbonate Exports in Azerbaijan
In 2022, after two years of decline, there was significant decline in shipments abroad of carbonates and peroxocarbonates, when their volume decreased by -63.5% to 34 tons. Overall, exports, however, continue to indicate a significant expansion.
In value terms, carbonate exports declined markedly to $10K in 2022. Over the period under review, exports, however, recorded a significant expansion.
Export of Carbonate in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | N/A | N/A | 28.3 | 10.1 | -64.3% |
Netherlands | N/A | N/A | 9.9 | N/A | 0% |
Qatar | 2.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 0.3 | N/A | 0% |
Total | 2.1 | N/A | 38.5 | 10.1 | 68.8% |
Top Export Markets for Carbonate from Azerbaijan in 2022:
- Georgia (34.1 tons)
This report provides an in-depth analysis of the carbonate market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134310 - Disodium carbonate
- Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
- Prodcom 20134340 - Calcium carbonate
- Prodcom 20134390 - Other carbonates
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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