Azerbaijan - Insecticides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsecticide Price in Azerbaijan - 2023
Contents:
- Insecticide Price in Azerbaijan (CIF) - 2023
- Insecticide Price in Azerbaijan (FOB) - 2022
- Insecticide Imports in Azerbaijan
- Insecticide Exports in Azerbaijan
Insecticide Price in Azerbaijan (CIF) - 2023
The average insecticide import price stood at $6,521 per ton in July 2023, with an increase of 1.8% against the previous month. Overall, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 66% against the previous month. Over the period under review, average import prices hit record highs at $12,400 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($11,171 per ton), while the price for Iran ($838 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (+1.7%), while the prices for the other major suppliers experienced a decline.
Insecticide Price in Azerbaijan (FOB) - 2022
In 2022, the average insecticide export price amounted to $909 per ton, waning by -92.4% against the previous year. Over the period under review, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. As a result, the export price attained the peak level of $15,710 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +11.9% per year.
Insecticide Imports in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas purchases of insecticides, when their volume decreased by -50.6% to 2.6K tons. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year.
In value terms, insecticide imports fell dramatically to $23M in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year.
| Import of Insecticide in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.9 | 7.9 | 9.8 | 12.1 | 15.3% |
| Russia | 0.6 | 1.4 | 1.5 | 2.2 | 54.2% |
| China | 2.5 | 2.8 | 2.6 | 2.1 | -5.6% |
| India | 0.8 | 1.1 | 0.6 | 1.4 | 20.5% |
| Jordan | 0.2 | 0.7 | 0.6 | 0.6 | 44.2% |
| Iran | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 22.6 | 27.4 | 28.7 | 4.7 | -40.8% |
| Total | 34.7 | 41.5 | 44.1 | 23.4 | -12.3% |
Top Suppliers of Insecticide to Azerbaijan in 2022:
- Turkey (1316.0 tons)
- Russia (393.5 tons)
- China (326.2 tons)
- Iran (211.2 tons)
- India (175.0 tons)
- Jordan (51.1 tons)
Insecticide Exports in Azerbaijan
Insecticide exports from Azerbaijan surged to 1.3 tons in 2022, jumping by 414% on the year before. In general, exports, however, faced a precipitous slump.
In value terms, insecticide exports dropped remarkably to $1.2K in 2022. Over the period under review, exports, however, recorded a sharp setback. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year.
| Export of Insecticide in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 0.1 | 1.3 | 1.2 | 246.4% |
| Turkey | 21.2 | 1.0 | N/A | N/A | -95.3% |
| Others | 21.2 | 1.2 | 1.7 | N/A | -71.7% |
| Total | 42.4 | 2.3 | 3.1 | 1.2 | -69.5% |
Top Export Markets for Insecticide from Azerbaijan in 2022:
- Russia (1.3 tons)
This report provides an in-depth analysis of the insecticide 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 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201190 - Other insecticides
- Prodcom 20201100 -
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
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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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