Price for Alkaloids, Vegetable; Caffeine and Its Salts in Azerbaijan - 2023
Contents:
- Price for Alkaloids, Vegetable; Caffeine and Its Salts in Azerbaijan (CIF) - 2022
- Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Azerbaijan
Price for Alkaloids, Vegetable; Caffeine and Its Salts in Azerbaijan (CIF) - 2022
The average import price for alkaloids, vegetable; caffeine and its saltses stood at $20,311 per ton in 2022, growing by 60% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $20,333 per ton in 2018; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($24,138 per ton) and India ($24,025 per ton), while the price for Turkey ($18,766 per ton) and China ($18,823 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+139.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Azerbaijan
For the fourth consecutive year, Azerbaijan recorded growth in purchases abroad of alkaloids, vegetable; caffeine and its saltses, which increased by 13% to 11 tons in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,349% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of alkaloids, vegetable; caffeine and its saltses surged to $227K in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,773%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Alkaloids, Vegetable; Caffeine and Its Salts in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 53.7 | 97.0 | 94.1 | 181.9% |
| Germany | N/A | N/A | 0.1 | 72.4 | 72300.0% |
| Turkey | N/A | 13.4 | 28.2 | 56.3 | 105.0% |
| India | 0.8 | 13.7 | 0.2 | 3.9 | 69.6% |
| Austria | N/A | 13.5 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.5 | 0.1 | -80.0% |
| Total | 5.0 | 94.2 | 126 | 227 | 256.7% |
Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Azerbaijan in 2022:
- China (5.0 tons)
- Turkey (3.0 tons)
- Germany (3.0 tons)
- India (0.2 tons)
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