Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Azerbaijan - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Azerbaijan (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Azerbaijan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Azerbaijan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,714 per ton in 2022, jumping by 71% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 112% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.1% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Azerbaijan
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -50.3% to 31 tons, falling for the second year in a row after two years of growth. In general, imports recorded a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 6.4% against the previous year. As a result, imports attained the peak of 158 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates fell to $84K in 2022. Over the period under review, imports recorded a abrupt setback. The smallest decline of -7.4% was in 2020.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 84.3 | 0% |
| Iran | 53.7 | 42.9 | N/A | N/A | -20.1% |
| Turkey | 73.4 | 74.8 | 99.0 | N/A | 16.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 127 | 118 | 99.0 | 84.3 | -12.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Azerbaijan in 2022:
- Russia (31.1 tons)
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