Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Azerbaijan - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Azerbaijan (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Azerbaijan
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Azerbaijan (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,201 per ton in 2022, reducing by -27.7% against the previous year. In general, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 93%. As a result, import price attained the peak level of $4,424 per ton, and then shrank dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,685 per ton), while the price for Turkey ($2,679 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Azerbaijan
In 2022, approx. 11 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were imported into Azerbaijan; surging by 180% compared with 2021. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $35K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 195%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.8 | 3.8 | 8.4 | 19.9 | 43.0% |
| India | 2.7 | 1.6 | 3.1 | 9.8 | 53.7% |
| Germany | 0.2 | 0.1 | 3.5 | 3.5 | 159.6% |
| Russia | N/A | 0.4 | 0.9 | 0.8 | 41.4% |
| United Kingdom | N/A | N/A | 0.8 | 0.6 | -25.0% |
| Others | N/A | N/A | 0.7 | 0.6 | -14.3% |
| Total | 9.7 | 5.9 | 17.4 | 35.2 | 53.7% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Azerbaijan in 2022:
- Turkey (7.4 tons)
- India (2.9 tons)
- United Kingdom (0.2 tons)
- Germany (0.2 tons)
- Russia (0.2 tons)
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