Ester Gums Price in Azerbaijan - 2022

Contents:

  1. Ester Gums Price in Azerbaijan (CIF) - 2022
  2. Ester Gums Imports in Azerbaijan

Ester Gums Price in Azerbaijan (CIF) - 2022

The average ester gums import price stood at $13,667 per ton in 2022, shrinking by -19.6% against the previous year. Over the period under review, the import price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 250% against the previous year. The import price peaked at $17,000 per ton in 2021, and then declined rapidly in the following year.

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

From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to +3.7% per year.

Ester Gums Imports in Azerbaijan

In 2022, ester gums imports into Azerbaijan dropped dramatically to 3 kg, with a decrease of -25% against the previous year. Overall, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 300% against the previous year.

In value terms, ester gums imports declined sharply to $41 in 2022. In general, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 353% against the previous year.

Import of Ester Gums in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23215.042.041.0-43.9%
Poland2,229N/AN/AN/A0%
Turkey420N/AN/AN/A0%
OthersN/AN/A26.0N/A0%
Total2,88115.068.041.0-75.8%

Top Suppliers of Ester Gums to Azerbaijan in 2022:

  1. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Ester gums - Azerbaijan