Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Azerbaijan - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Azerbaijan (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Azerbaijan
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Azerbaijan (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $763 per ton, surging by 5.5% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; phthalic anhydrides increased by +10.3% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 70%. Over the period under review, average import prices attained the peak figure at $799 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($1,347 per ton), while the price for Iran ($625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Azerbaijan
In 2022, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Azerbaijan dropped remarkably to 494 tons, waning by -24.3% on 2021 figures. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides plummeted to $377K in 2022. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 110%.
Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 450 | 122 | 361 | 263 | -16.4% |
Saudi Arabia | 206 | 103 | 111 | 67.4 | -31.1% |
Russia | N/A | N/A | N/A | 26.0 | 0% |
Others | 27.1 | N/A | N/A | 20.6 | -8.7% |
Total | 683 | 225 | 472 | 377 | -18.0% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Azerbaijan in 2022:
- Iran (420.0 tons)
- Saudi Arabia (50.0 tons)
- Russia (20.0 tons)
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