Azerbaijan - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in Azerbaijan - 2023
Contents:
- Fructose Price in Azerbaijan (CIF) - 2022
- Fructose Price in Azerbaijan (FOB) - 2022
- Fructose Imports in Azerbaijan
- Fructose Exports in Azerbaijan
Fructose Price in Azerbaijan (CIF) - 2022
In 2022, the average fructose import price amounted to $2,530 per ton, waning by -8.4% against the previous year. Over the period under review, the import price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 88%. Over the period under review, average import prices hit record highs at $2,763 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($45,134 per ton), while the price for Iran ($1,331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Fructose Price in Azerbaijan (FOB) - 2022
In 2022, the average fructose export price amounted to $1,104 per ton, dropping by -4% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 87%. As a result, the export price reached the peak level of $2,490 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2015 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1,546.6% per year.
Fructose Imports in Azerbaijan
Fructose imports into Azerbaijan skyrocketed to 180 tons in 2022, picking up by 40% compared with the previous year. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fructose imports surged to $455K in 2022. In general, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fructose in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 98.9 | 80.2 | 89.4 | 146 | 13.9% |
| Iran | 5.1 | 29.1 | 55.4 | 135 | 198.0% |
| Russia | 55.9 | 19.7 | 59.2 | 78.1 | 11.8% |
| Italy | 17.4 | 11.0 | 15.9 | 14.9 | -5.0% |
| Bulgaria | 3.4 | 3.8 | 6.8 | 14.0 | 60.3% |
| Turkey | 52.9 | 28.0 | 7.6 | 12.9 | -37.5% |
| China | 8.0 | 5.5 | 5.6 | 10.2 | 8.4% |
| Ireland | 1.2 | 1.2 | 1.8 | 8.9 | 95.0% |
| Austria | 0.5 | 2.7 | 3.0 | 7.5 | 146.6% |
| Slovakia | 12.3 | 8.4 | 1.5 | 5.1 | -25.4% |
| Georgia | 13.4 | 8.5 | 5.4 | N/A | -36.5% |
| Others | 131 | 101 | 103 | 22.4 | -44.5% |
| Total | 401 | 299 | 355 | 455 | 4.3% |
Top Suppliers of Fructose to Azerbaijan in 2022:
- Iran (101.4 tons)
- Russia (31.5 tons)
- China (7.0 tons)
- Turkey (6.6 tons)
- Ireland (6.6 tons)
- Bulgaria (6.3 tons)
- Italy (5.8 tons)
- Austria (3.4 tons)
- Slovakia (3.3 tons)
- France (3.2 tons)
Fructose Exports in Azerbaijan
In 2022, shipments abroad of fructose and fructose syrup decreased by -11.2% to 405 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a dramatic downturn.
In value terms, fructose exports fell to $447 in 2022. Over the period under review, exports faced a dramatic contraction.
| Export of Fructose in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 447 | 0% |
| Russia | 205 | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 262 | N/A | 0% |
| Georgia | 594 | N/A | N/A | N/A | 0% |
| Others | 328 | N/A | 262 | N/A | -10.6% |
| Total | 1,127 | N/A | 524 | 447 | -26.5% |
Top Export Markets for Fructose from Azerbaijan in 2022:
- Germany (405.0 kg)
This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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
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