Azerbaijan - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

Azerbaijan - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Polyurethanes Price in Azerbaijan - 2023

Contents:

  1. Polyurethanes Price in Azerbaijan (CIF) - 2022
  2. Polyurethanes Price in Azerbaijan (FOB) - 2022
  3. Polyurethanes Imports in Azerbaijan
  4. Polyurethanes Exports in Azerbaijan

Polyurethanes Price in Azerbaijan (CIF) - 2022

In 2022, the average polyurethanes import price amounted to $3,688 per ton, approximately mirroring the previous year. Overall, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $4,279 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,642 per ton), while the price for Iran ($1,848 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyurethanes Price in Azerbaijan (FOB) - 2022

In 2022, the average polyurethanes export price amounted to $18,422 per ton, remaining stable against the previous year. Overall, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 913% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($27,310 per ton), while the average price for exports to Belarus stood at $17,002 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Polyurethanes Imports in Azerbaijan

In 2022, supplies from abroad of polyurethanes in primary forms decreased by -10.5% to 962 tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 4.4%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polyurethanes imports declined to $3.5M in 2022. In general, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of 2.6%. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Polyurethanes in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,1307981,4122,01421.2%
Germany26657948042917.3%
Italy96.631219336555.8%
China77.615631.119836.6%
Saudi Arabia212369358162-8.6%
France1,21772811298.7-56.7%
Iran5.25.17.736.591.5%
Netherlands65.577.979.42.7-65.5%
Others8621,0091,325242-34.5%
Total3,9324,0353,9983,549-3.4%

Top Suppliers of Polyurethanes to Azerbaijan in 2022:

  1. Turkey (625.5 tons)
  2. Italy (102.0 tons)
  3. China (58.2 tons)
  4. Saudi Arabia (49.5 tons)
  5. Germany (36.9 tons)
  6. Iran (19.7 tons)
  7. France (17.6 tons)
  8. Netherlands (0.4 tons)

Polyurethanes Exports in Azerbaijan

Polyurethanes exports from Azerbaijan was estimated at 7.2 tons in 2022, standing approx. at 2021. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, polyurethanes exports stood at $132K in 2022. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Polyurethanes in Azerbaijan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
BelarusN/AN/A1050%
RussiaN/AN/A26.50%
Romania12.5N/AN/A0%
Others12.4N/A0.2-87.3%
Total24.9N/A132130.2%

Top Export Markets for Polyurethanes from Azerbaijan in 2022:

  1. Belarus (6.2 tons)
  2. Russia (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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