Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Azerbaijan - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Azerbaijan (CIF) - 2022
  2. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Azerbaijan

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Azerbaijan (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $68,156 per ton, declining by -87.8% against the previous year. In general, the import price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 2,892% against the previous year. As a result, import price attained the peak level of $560,864 per ton, and then shrank markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($59,180 per ton), while the price for Turkey totaled $54,401 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+223.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Azerbaijan

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into Azerbaijan skyrocketed to 155 kg in 2022, with an increase of 2,483% against the year before. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $11K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.6N/AN/A8.2139.1%
TurkeyN/AN/AN/A0.90%
Netherlands0.82.41.7N/A45.8%
OthersN/AN/A1.71.5-11.8%
Total1.42.43.410.696.4%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Azerbaijan in 2022:

  1. China (139.0 kg)
  2. Turkey (16.0 kg)

Source: IndexBox Market Intelligence Platform

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