Azerbaijan - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Azerbaijan - 2023
Contents:
- Ethylene Polymer Bag Price in Azerbaijan (CIF) - 2023
- Ethylene Polymer Bag Price in Azerbaijan (FOB) - 2023
- Ethylene Polymer Bag Imports in Azerbaijan
- Ethylene Polymer Bag Exports in Azerbaijan
Ethylene Polymer Bag Price in Azerbaijan (CIF) - 2023
The average ethylene polymer bag import price stood at $1,538 per ton in July 2023, growing by 4.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 18% against the previous month. The import price peaked at $1,814 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($7,210 per ton), while the price for Iran ($1,217 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 Turkey (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Polymer Bag Price in Azerbaijan (FOB) - 2023
The average ethylene polymer bag export price stood at $1,890 per ton in July 2023, which is down by -6.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 6.3% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,085 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In July 2023, the country with the highest price was Georgia ($2,107 per ton), while the average price for exports to Russia stood at $1,823 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Ethylene Polymer Bag Imports in Azerbaijan
In 2022, the amount of sacks and bags of polymers of ethylene imported into Azerbaijan skyrocketed to 5.2K tons, growing by 79% compared with 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ethylene polymer bag imports soared to $8.7M in 2022. Overall, total imports indicated a resilient expansion 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ethylene Polymer Bag in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 2.7 | 2.9 | 2.5 | 5.5 | 26.8% |
China | 0.7 | 0.9 | 0.6 | 1.1 | 16.3% |
Turkey | 1.5 | 1.3 | 0.7 | 0.8 | -18.9% |
Poland | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Turkmenistan | N/A | 0.2 | 0.4 | 0.2 | 0.0% |
Others | 0.5 | 1.2 | 1.0 | 0.8 | 17.0% |
Total | 5.7 | 6.7 | 5.5 | 8.7 | 15.1% |
Top Suppliers of Ethylene Polymer Bag to Azerbaijan in 2022:
- Iran (4408.3 tons)
- Turkey (205.5 tons)
- China (183.4 tons)
- Turkmenistan (127.0 tons)
- Poland (111.2 tons)
Ethylene Polymer Bag Exports in Azerbaijan
In 2022, overseas shipments of sacks and bags of polymers of ethylene decreased by -32.9% to 955 tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports attained the peak of 1.5K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ethylene polymer bag exports fell dramatically to $1.9M in 2022. In general, exports showed a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 18%.
Export of Ethylene Polymer Bag in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,630 | 1,270 | 1,315 | 1,071 | -13.1% |
Georgia | 48.9 | 802 | 744 | 434 | 107.0% |
Kazakhstan | 331 | 259 | 360 | 294 | -3.9% |
Ukraine | 63.6 | 132 | 129 | 68.5 | 2.5% |
Others | 19.8 | 1.2 | 6.2 | 1.7 | -55.9% |
Total | 2,093 | 2,464 | 2,554 | 1,869 | -3.7% |
Top Export Markets for Ethylene Polymer Bag from Azerbaijan in 2022:
- Russia (550.2 tons)
- Georgia (225.6 tons)
- Kazakhstan (148.4 tons)
- Ukraine (30.3 tons)
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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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