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Azerbaijan - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Chloride Price in Azerbaijan - 2023
Contents:
- Hydrogen Chloride Price in Azerbaijan (CIF) - 2023
- Hydrogen Chloride Price in Azerbaijan (FOB) - 2022
- Hydrogen Chloride Imports in Azerbaijan
- Hydrogen Chloride Exports in Azerbaijan
Hydrogen Chloride Price in Azerbaijan (CIF) - 2023
The average hydrogen chloride import price stood at $270 per ton in August 2023, picking up by 33% against the previous month. Over the period under review, import price indicated a notable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, hydrogen chloride import price decreased by -9.1% against June 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 91% month-to-month. As a result, import price reached the peak level of $366 per ton. From November 2022 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($653 per ton), while the price for Iran ($148 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Russia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Hydrogen Chloride Price in Azerbaijan (FOB) - 2022
The average hydrogen chloride export price stood at less than $0.1 per ton in 2022, almost unchanged from the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 866%. As a result, the export price attained the peak level of $11,342 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2018 to 2022, the rate of growth in terms of prices for Georgia amounted to +74.6% per year.
Hydrogen Chloride Imports in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in purchases abroad of hydrogen chloride (hydrochloric acid), which increased by 13% to 6.2K tons in 2022. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydrogen chloride imports dropped modestly to $1.4M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +49.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year.
Import of Hydrogen Chloride in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 562 | 396 | 504 | 590 | 1.6% |
Turkey | 96.3 | 671 | 620 | 391 | 59.5% |
Iran | 167 | 133 | 186 | 374 | 30.8% |
Kazakhstan | 26.0 | 28.9 | 31.6 | N/A | 10.2% |
Others | 63.2 | 65.5 | 61.7 | 9.3 | -47.2% |
Total | 915 | 1,294 | 1,403 | 1,364 | 14.2% |
Top Suppliers of Hydrogen Chloride to Azerbaijan in 2022:
- Iran (10.0K tons)
- Russia (3.1K tons)
- Turkey (0.6K tons)
Hydrogen Chloride Exports in Azerbaijan
In 2020, approx. 240 kg of hydrogen chloride (hydrochloric acid) were exported from Azerbaijan; increasing by 1.7% compared with the previous year. The total export volume increased at an average annual rate of +1.7% from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydrogen chloride exports skyrocketed to $2.7K in 2020. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Hydrogen Chloride in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | 0.3 | 2.7 | N/A | 1.4 | 67.1% |
Others | N/A | N/A | N/A | -1.4 | 0% |
Total | 0.3 | 2.7 | N/A | N/A | 800.0% |
Top Export Markets for Hydrogen Chloride from Azerbaijan in 2022:
- Georgia (120.0 kg)
This report provides an in-depth analysis of the hydrogen chloride 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 20132413 - Hydrogen chloride (hydrochloric acid)
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
This report provides an in-depth analysis of the hydrogen chloride market in Azerbaijan.
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This report provides an in-depth analysis of the global hydrogen chloride market.
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This report provides an in-depth analysis of the hydrogen chloride market in Azerbaijan.
This report provides an in-depth analysis of the chlorosulphuric acid market in Azerbaijan.
This report provides an in-depth analysis of the global hydrogen chloride market.
This report provides an in-depth analysis of the global chlorosulphuric acid market.
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