Price for Ketone-Phenols and Ketones with Other Oxygen Function in Azerbaijan - 2023

Contents:

  1. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Azerbaijan (CIF) - 2022
  2. Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Azerbaijan

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Azerbaijan (CIF) - 2022

The average import price for ketone-phenols and ketones with other oxygen functia stood at $33,450 per ton in 2022, with an increase of 40% against the previous year. In general, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 283% against the previous year. Over the period under review, average import prices reached the peak figure at $34,100 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.2% per year.

Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Azerbaijan

In 2022, supplies from abroad of ketone-phenols and ketones with other oxygen functia decreased by -70.3% to 60 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 297%. As a result, imports attained the peak of 353 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ketone-phenols and ketones with other oxygen functia shrank dramatically to $2K in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 141%.

Import of Ketone-Phenols and Ketones with Other Oxygen Function in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A2.00%
Russia0.91.3N/AN/A44.4%
GermanyN/A0.9N/AN/A0%
TurkeyN/AN/A4.8N/A0%
OthersN/AN/A0.1N/A0%
Total0.92.24.82.030.5%

Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Azerbaijan in 2022:

  1. China (60.0 kg)

Source: IndexBox Market Intelligence Platform

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