Azerbaijan - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyclic Hydrocarbons Price in Azerbaijan - 2023
Contents:
- Cyclic Hydrocarbons Price in Azerbaijan (CIF) - 2023
- Cyclic Hydrocarbons Price in Azerbaijan (FOB) - 2022
- Cyclic Hydrocarbons Imports in Azerbaijan
- Cyclic Hydrocarbons Exports in Azerbaijan
Cyclic Hydrocarbons Price in Azerbaijan (CIF) - 2023
The average cyclic hydrocarbons import price stood at $1,469 per ton in August 2023, picking up by 26% against the previous month. In general, import price indicated slight growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, cyclic hydrocarbons import price increased by +38.5% against June 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $2,037 per ton. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($1,400 per ton), while the price for Russia amounted to $1,263 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Iran (0.0%), while the prices for the other major suppliers experienced a decline.
Cyclic Hydrocarbons Price in Azerbaijan (FOB) - 2022
Azerbaijan has no trade partners to describe.
Cyclic Hydrocarbons Imports in Azerbaijan
In 2022, overseas purchases of cyclic hydrocarbons decreased by -15.1% to 1.8K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cyclic hydrocarbons imports reduced slightly to $1.8M in 2022. In general, imports recorded a slight descent. The pace of growth appeared the most rapid in 2021 when imports increased by 8.7% against the previous year.
| Import of Cyclic Hydrocarbons in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | 387 | 273 | 540 | 18.1% |
| Italy | 927 | 471 | 637 | 384 | -25.5% |
| Russia | 317 | 153 | 113 | 339 | 2.3% |
| Spain | 134 | 149 | 267 | 194 | 13.1% |
| Singapore | N/A | N/A | N/A | 95.6 | 0% |
| Turkey | 80.5 | 227 | 20.9 | 35.6 | -23.8% |
| Others | 387 | 264 | 484 | 168 | -24.3% |
| Total | 1,845 | 1,651 | 1,794 | 1,755 | -1.7% |
Top Suppliers of Cyclic Hydrocarbons to Azerbaijan in 2022:
- Iran (1021.0 tons)
- Italy (284.7 tons)
- Russia (201.0 tons)
- Spain (135.4 tons)
- Singapore (50.0 tons)
- Turkey (12.3 tons)
Cyclic Hydrocarbons Exports in Azerbaijan
Cyclic hydrocarbons exports from Azerbaijan was estimated at 121 tons in 2022, therefore, remained relatively stable against the year before. In general, exports saw a precipitous curtailment. The smallest decline of 99.9% was in 2021.
In value terms, cyclic hydrocarbons exports amounted to $136K in 2022. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of 99.9% was in 2021.
| Export of Cyclic Hydrocarbons in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Finland | 47.4 | N/A | N/A | 0% | |
| Belgium | 83.0 | N/A | N/A | 0% | |
| Others | 142 | N/A | 136 | -2.1% | |
| Total | 273 | N/A | 136 | -29.4% | |
Top Export Markets for Cyclic Hydrocarbons from Azerbaijan in 2022:
This report provides an in-depth analysis of the cyclic hydrocarbons market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
306
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