Azerbaijan - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Azerbaijan - 2023
Contents:
- Carboxylic Acid Price in Azerbaijan (CIF) - 2023
- Carboxylic Acid Price in Azerbaijan (FOB) - 2022
- Carboxylic Acid Imports in Azerbaijan
- Carboxylic Acid Exports in Azerbaijan
Carboxylic Acid Price in Azerbaijan (CIF) - 2023
In July 2023, the average carboxylic acid import price amounted to $2,057 per ton, remaining relatively unchanged against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 673% against the previous month. As a result, import price reached the peak level of $7,811 per ton. From April 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($16,921 per ton), while the price for China ($1,961 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Azerbaijan (FOB) - 2022
In 2020, the average carboxylic acid export price amounted to $3,463 per ton, rising by 64% against the previous year. Overall, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2017 when the average export price increased by 167%. The export price peaked in 2020 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Turkmenistan ($4,898 per ton), while the average price for exports to Georgia totaled $1,036 per ton.
From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+132.5%).
Carboxylic Acid Imports in Azerbaijan
Carboxylic acid imports into Azerbaijan contracted sharply to 431 tons in 2022, waning by -25.3% on 2021. Over the period under review, imports saw a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of 577 tons, and then declined sharply in the following year.
In value terms, carboxylic acid imports reduced markedly to $640K in 2022. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of $1.2M, and then fell notably in the following year.
Import of Carboxylic Acid in Azerbaijan (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 384 | 184 | 332 | 464 | 6.5% |
Turkey | 232 | 136 | 104 | 102 | -24.0% |
United Arab Emirates | 17.9 | 469 | 461 | N/A | 407.5% |
Others | 266 | 116 | 310 | 73.4 | -34.9% |
Total | 900 | 906 | 1,208 | 640 | -10.7% |
Top Suppliers of Carboxylic Acid to Azerbaijan in 2022:
- China (390.9 tons)
- Turkey (26.8 tons)
Carboxylic Acid Exports in Azerbaijan
After two years of growth, shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by 99.9% to less than 0.1 kg in 2021. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 74%. As a result, the exports reached the peak of 17 tons, and then shrank remarkably in the following year.
In value terms, carboxylic acid exports contracted markedly to $23K in 2021. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 185% against the previous year. As a result, the exports reached the peak of $60K, and then dropped markedly in the following year.
Export of Carboxylic Acid in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Turkmenistan | 21.0 | 53.3 | 153.8% | ||
Georgia | N/A | 6.7 | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 21.0 | 60.0 | 185.7% |
Top Export Markets for Carboxylic Acid from Azerbaijan in 2022:
- Turkmenistan (10.9 tons)
- Georgia (6.4 tons)
This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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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