Azerbaijan - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOdoriferous Substance Mixture Price in Azerbaijan - 2023
Contents:
- Odoriferous Substance Mixture Price in Azerbaijan (CIF) - 2023
- Odoriferous Substance Mixture Price in Azerbaijan (FOB) - 2022
- Odoriferous Substance Mixture Imports in Azerbaijan
- Odoriferous Substance Mixture Exports in Azerbaijan
Odoriferous Substance Mixture Price in Azerbaijan (CIF) - 2023
The average odoriferous substance mixture import price stood at $23,985 per ton in September 2023, surging by 3.9% against the previous month. Over the period under review, import price indicated tangible growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, odoriferous substance mixture import price increased by +31.0% against July 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 89% m-o-m. Over the period under review, average import prices hit record highs at $29,122 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($39,203 per ton), while the price for Russia ($6,151 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Odoriferous Substance Mixture Price in Azerbaijan (FOB) - 2022
In 2022, the average odoriferous substance mixture export price amounted to $15,661 per ton, increasing by 111% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 188%. The export price peaked at $24,696 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($34,821 per ton), while the average price for exports to Kazakhstan ($4,207 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+718.2%), while the prices for the other major destinations experienced mixed trend patterns.
Odoriferous Substance Mixture Imports in Azerbaijan
In 2022, the amount of mixtures of odoriferous substances and their preparations imported into Azerbaijan stood at 1.7K tons, increasing by 15% compared with the previous year. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern 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, odoriferous substance mixture imports skyrocketed to $32M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern 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 Odoriferous Substance Mixture in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 13.5 | 14.2 | 14.9 | 18.9 | 11.9% |
Germany | 1.4 | 1.4 | 2.5 | 2.7 | 24.5% |
Austria | 2.3 | 1.4 | 1.7 | 2.2 | -1.5% |
United States | 1.6 | 1.2 | 1.0 | 1.3 | -6.7% |
Turkey | 0.6 | 0.5 | 0.7 | 1.2 | 26.0% |
Russia | 0.7 | 0.7 | 0.9 | 0.9 | 8.7% |
Hungary | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
Spain | 0.8 | 0.3 | 0.1 | 0.2 | -37.0% |
Others | 3.0 | 3.4 | 4.6 | 4.7 | 16.1% |
Total | 24.0 | 23.3 | 26.5 | 32.3 | 10.4% |
Top Suppliers of Odoriferous Substance Mixture to Azerbaijan in 2022:
- France (497.1 tons)
- Austria (410.4 tons)
- Germany (324.7 tons)
- Russia (87.8 tons)
- Turkey (86.1 tons)
- United States (62.5 tons)
- Hungary (45.4 tons)
- Spain (27.5 tons)
Odoriferous Substance Mixture Exports in Azerbaijan
Odoriferous substance mixture exports from Azerbaijan stood at 5.6 tons in 2022, standing approx. at 2021 figures. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, odoriferous substance mixture exports surged to $87K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Odoriferous Substance Mixture in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Russia | 4.0 | 21.6 | 51.4 | 258.5% | |
Ukraine | N/A | 10.5 | 24.4 | 132.4% | |
Kazakhstan | N/A | 0.8 | 11.3 | 1312.5% | |
Spain | 25.2 | N/A | N/A | 0% | |
Lebanon | N/A | 8.0 | N/A | 0% | |
Others | N/A | 0.4 | 0.2 | -50.0% | |
Total | 29.2 | 41.3 | 87.2 | 72.8% |
Top Export Markets for Odoriferous Substance Mixture from Azerbaijan in 2022:
- Kazakhstan (2.7 tons)
- Russia (2.2 tons)
- Ukraine (0.7 tons)
This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
- Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)
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
-
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 odoriferous substance mixture market in Azerbaijan.
This report provides an in-depth analysis of the global odoriferous substance mixture market.
This report provides an in-depth analysis of the odoriferous substance mixture market in Azerbaijan.
This report provides an in-depth analysis of the global odoriferous substance mixture market.
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne