Price for Iodides and Iodide Oxides in Azerbaijan - 2023
Contents:
- Price for Iodides and Iodide Oxides in Azerbaijan (CIF) - 2022
- Imports of Iodides and Iodide Oxides in Azerbaijan
Price for Iodides and Iodide Oxides in Azerbaijan (CIF) - 2022
The average iodides and iodide oxides import price stood at $81,905 per ton in 2022, jumping by 36% against the previous year. Over the period under review, the import price saw a temperate expansion. The pace of growth appeared the most rapid in 2015 an increase of 81% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Vietnam ($215,600 per ton), while the price for Turkey ($24,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+108.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iodides and Iodide Oxides in Azerbaijan
In 2022, purchases abroad of iodides and iodide oxideses was finally on the rise to reach 1.1 tons after two years of decline. In general, imports, however, faced a dramatic setback.
In value terms, iodides and iodide oxides imports surged to $90K in 2022. Over the period under review, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iodides and Iodide Oxides in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | 0.2 | 6.4 | 37.3 | 1265.7% |
| India | 65.3 | 13.1 | N/A | 31.5 | -21.6% |
| Vietnam | N/A | N/A | N/A | 6.5 | 0% |
| Germany | 1.7 | 0.9 | 2.2 | 6.0 | 52.3% |
| Brazil | N/A | N/A | N/A | 5.0 | 0% |
| Turkey | N/A | 0.3 | 1.6 | 3.5 | 241.6% |
| Others | 2.5 | 0.5 | 0.3 | 0.3 | -50.7% |
| Total | 69.5 | 15.1 | 10.5 | 90.0 | 9.0% |
Top Suppliers of Iodides and Iodide Oxides to Azerbaijan in 2022:
- India (530.0 kg)
- Chile (283.0 kg)
- Turkey (141.0 kg)
- Germany (63.0 kg)
- Brazil (50.0 kg)
- Vietnam (30.0 kg)
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