![Azerbaijan - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/azerbaijan-animal-or-vegetable-fats-and-oils-chemically-modified-market-analysis-forecast-size-trends-and-insights.webp)
Azerbaijan - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChemically Modified Oils Price in Azerbaijan - 2023
Contents:
- Chemically Modified Oils Price in Azerbaijan (FOB) - 2022
- Chemically Modified Oils Price in Azerbaijan (CIF) - 2022
- Chemically Modified Oils Exports in Azerbaijan
- Chemically Modified Oils Imports in Azerbaijan
Chemically Modified Oils Price in Azerbaijan (FOB) - 2022
In 2022, the average chemically modified oils export price amounted to $1,412 per ton, increasing by 20% against the previous year. Overall, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,554 per ton), while the average price for exports to Belgium totaled $1,340 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+24.6%).
Chemically Modified Oils Price in Azerbaijan (CIF) - 2022
In 2022, the average chemically modified oils import price amounted to $2,176 per ton, which is down by -11.5% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chemically modified oils import price increased by +1.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 35% against the previous year. The import price peaked at $2,623 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($4,974 per ton), while the price for Brazil ($2,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Chemically Modified Oils Exports in Azerbaijan
For the fourth consecutive year, Azerbaijan recorded growth in overseas shipments of animal or vegetable fats and oils chemically modified, which increased by 8.4% to 497 tons in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 121%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, chemically modified oils exports soared to $702K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 235% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Chemically Modified Oils in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | N/A | 443 | 0% |
Netherlands | 73.5 | 80.2 | 238 | 258 | 52.0% |
Portugal | N/A | N/A | 119 | N/A | 0% |
Others | 58.0 | 80.7 | 183 | N/A | 77.6% |
Total | 132 | 161 | 540 | 702 | 74.6% |
Top Export Markets for Chemically Modified Oils from Azerbaijan in 2022:
- Belgium (330.8 tons)
- Netherlands (166.2 tons)
Chemically Modified Oils Imports in Azerbaijan
After two years of decline, overseas purchases of animal or vegetable fats and oils chemically modified increased by 170% to 58 tons in 2022. In general, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chemically modified oils imports soared to $125K in 2022. Over the period under review, imports enjoyed a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Chemically Modified Oils in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 50.5 | 24.9 | 20.3 | 101 | 26.0% |
Turkey | 12.1 | 7.3 | 15.3 | 22.4 | 22.8% |
Russia | 28.6 | 21.4 | 6.2 | 1.5 | -62.6% |
China | 19.5 | 4.6 | 5.0 | N/A | -49.4% |
Saudi Arabia | N/A | 6.3 | N/A | N/A | 0% |
Others | 2.0 | 0.9 | 5.7 | N/A | 68.8% |
Total | 113 | 65.4 | 52.5 | 125 | 3.4% |
Top Suppliers of Chemically Modified Oils to Azerbaijan in 2022:
- Brazil (48.0 tons)
- Turkey (9.3 tons)
- Russia (0.3 tons)
This report provides an in-depth analysis of the chemically modified oils 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 20592000 - Animal or vegetable fats and oils chemically modified
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the chemically modified oils market in Azerbaijan.
This report provides an in-depth analysis of the global chemically modified oils market.
This report provides an in-depth analysis of the chemically modified oils market in Azerbaijan.
This report provides an in-depth analysis of the global chemically modified oils market.
Explore the top import markets for chemically modified oils and analyze key statistics and trends driving these markets.
Explore the top import markets for chemically modified oils and analyze key statistics and trends driving these markets.