Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Azerbaijan - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Azerbaijan (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Azerbaijan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Azerbaijan (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $8,320 per ton, surging by 85% against the previous year. Overall, the import price recorded significant growth. The import price peaked at $9,366 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($10,381 per ton), while the price for Turkey ($1,739 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Azerbaijan
Imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids into Azerbaijan skyrocketed to 4.2 tons in 2022, with an increase of 209,900% compared with the previous year. In general, imports recorded significant growth.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids soared to $35K in 2022. Overall, imports continue to indicate significant growth.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.4 | 33.3 | N/A | 26.1 | 45.9% |
| China | N/A | 12.8 | N/A | 7.8 | -21.9% |
| Turkey | N/A | N/A | N/A | 1.1 | 0% |
| United Kingdom | 0.7 | 1.4 | N/A | N/A | 100.0% |
| Netherlands | N/A | 1.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 48.5 | N/A | 34.9 | 57.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Azerbaijan in 2022:
- United States (2.5 tons)
- China (1.1 tons)
- Turkey (0.6 tons)
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