Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Azerbaijan - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Azerbaijan (CIF) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Azerbaijan
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Azerbaijan (CIF) - 2022
The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,693 per ton in 2022, falling by -7.9% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 146% against the previous year. As a result, import price attained the peak level of $6,183 per ton, and then declined in the following year.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +15.4% per year.
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Azerbaijan
In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Azerbaijan soared to 5.7 tons, with an increase of 19% against 2021 figures. Overall, imports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, imports attained the peak of 33 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses rose rapidly to $33K in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports reached the peak of $83K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 31.7 | 30.9 | 24.7 | 31.6 | -0.1% |
| China | 19.3 | 52.1 | 3.9 | N/A | -55.0% |
| Others | 0.3 | N/A | 1.2 | 1.0 | 49.4% |
| Total | 51.3 | 83.0 | 29.8 | 32.6 | -14.0% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Azerbaijan in 2022:
- Turkey (5.7 tons)
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