Price for Dyes; Pigments and Preparations Based Thereon in Azerbaijan - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Azerbaijan (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Azerbaijan (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Azerbaijan
- Exports of Dyes; Pigments and Preparations Based Thereon in Azerbaijan
Price for Dyes; Pigments and Preparations Based Thereon in Azerbaijan (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $5,706 per ton in 2022, rising by 13% against the previous year. In general, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2014 an increase of 188% against the previous year. As a result, import price attained the peak level of $36,134 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,924 per ton), while the price for Germany ($2,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Azerbaijan (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $3,778 per ton in 2022, stabilizing at the previous year. In general, the export price enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -46.5% against the previous year. The export price peaked at $33,940 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($6,000 per ton), while the average price for exports to Georgia amounted to $2,222 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-20.8%).
Imports of Dyes; Pigments and Preparations Based Thereon in Azerbaijan
In 2022, imports of dyes; pigments and preparations based therea into Azerbaijan amounted to 222 tons, growing by 11% against the year before. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14%. As a result, imports reached the peak of 227 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of dyes; pigments and preparations based therea skyrocketed to $1.3M in 2022. The total import value increased at an average annual rate of +3.6% 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.
| Import of Dyes; Pigments and Preparations Based Thereon in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 466 | 547 | 364 | 858 | 22.6% |
| China | 11.0 | 18.8 | 20.6 | 98.6 | 107.7% |
| Sweden | N/A | 8.0 | 24.5 | 52.0 | 155.0% |
| Germany | 55.9 | 20.4 | 14.0 | 36.4 | -13.3% |
| United Arab Emirates | 164 | 414 | 452 | N/A | 66.0% |
| Others | 445 | 236 | 142 | 223 | -20.6% |
| Total | 1,142 | 1,243 | 1,016 | 1,269 | 3.6% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Azerbaijan in 2022:
- Turkey (158.6 tons)
- China (31.1 tons)
- Germany (15.0 tons)
- Sweden (6.1 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Azerbaijan
In 2022, after two years of decline, there was significant decline in overseas shipments of dyes; pigments and preparations based therea, when their volume decreased by -50% to 18 kg. In general, exports continue to indicate a dramatic decline.
In value terms, exports of dyes; pigments and preparations based therea declined remarkably to $68 in 2022. Overall, exports showed a dramatic slump.
| Export of Dyes; Pigments and Preparations Based Thereon in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 24.0 | 0% |
| Georgia | 313 | N/A | 105 | 20.0 | -60.0% |
| Uzbekistan | 695 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 31.0 | N/A | 0% |
| Others | N/A | N/A | N/A | 24.0 | 0% |
| Total | 1,008 | N/A | 136 | 68.0 | -59.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Azerbaijan in 2022:
- Georgia (9.0 kg)
- Austria (4.0 kg)
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