Azerbaijan - Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Propyl and Isopropyl Alcohol in Azerbaijan - 2023
Contents:
- Price for Propyl and Isopropyl Alcohol in Azerbaijan (FOB) - 2022
- Price for Propyl and Isopropyl Alcohol in Azerbaijan (CIF) - 2022
- Exports of Propyl and Isopropyl Alcohol in Azerbaijan
- Imports of Propyl and Isopropyl Alcohol in Azerbaijan
Price for Propyl and Isopropyl Alcohol in Azerbaijan (FOB) - 2022
In 2022, the average propyl and isopropyl alcohol export price amounted to $879 per ton, surging by 13% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 65% against the previous year. Over the period under review, the average export prices attained the maximum at $1,091 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($1,018 per ton) and Russia ($955 per ton), while the average price for exports to Israel ($783 per ton) and Turkey ($822 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+50.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Propyl and Isopropyl Alcohol in Azerbaijan (CIF) - 2022
The average propyl and isopropyl alcohol import price stood at $2,390 per ton in 2022, increasing by 7.3% against the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 188% against the previous year. As a result, import price reached the peak level of $2,853 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,557 per ton), while the price for the Netherlands ($1,760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Propyl and Isopropyl Alcohol in Azerbaijan
In 2022, after two years of growth, there was significant decline in overseas shipments of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol), when their volume decreased by -46.9% to 5.9K tons. In general, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 144% against the previous year. As a result, the exports reached the peak of 11K tons, and then dropped dramatically in the following year.
In value terms, propyl and isopropyl alcohol exports fell sharply to $5.2M in 2022. Overall, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, the exports reached the peak of $8.7M, and then shrank rapidly in the following year.
| Export of Propyl and Isopropyl Alcohol in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Turkey | 1.3 | 2.5 | 2.6 | 41.4% | |
| Bulgaria | 0.2 | 1.5 | 1.5 | 173.9% | |
| Russia | 3.5 | 3.9 | 0.6 | -58.6% | |
| Italy | N/A | N/A | 0.2 | 0% | |
| Ukraine | N/A | 0.4 | 0.1 | -75.0% | |
| Israel | N/A | 0.3 | N/A | 0% | |
| Others | N/A | 0.1 | 0.2 | 100.0% | |
| Total | 5.0 | 8.7 | 5.2 | 2.0% | |
Top Export Markets for Propyl and Isopropyl Alcohol from Azerbaijan in 2022:
- Turkey (3157.2 tons)
- Bulgaria (1552.8 tons)
- Russia (633.4 tons)
- Italy (239.3 tons)
- Ukraine (91.5 tons)
- Israel (57.8 tons)
Imports of Propyl and Isopropyl Alcohol in Azerbaijan
In 2022, purchases abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) increased by 26% to 54 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic decline.
In value terms, propyl and isopropyl alcohol imports soared to $128K in 2022. Over the period under review, imports, however, showed a precipitous contraction.
| Import of Propyl and Isopropyl Alcohol in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 115 | 4.7 | 26.1 | 64.7 | -17.4% |
| United Kingdom | 44.7 | 5.1 | 9.4 | 33.1 | -9.5% |
| United States | 17.2 | 1.1 | 7.6 | 18.1 | 1.7% |
| Poland | N/A | N/A | N/A | 4.2 | 0% |
| Netherlands | 42.3 | 2.2 | 3.9 | 2.9 | -59.1% |
| South Korea | 54.0 | 1.9 | N/A | 1.0 | -73.5% |
| China | 47.5 | N/A | N/A | 0.1 | -87.2% |
| Russia | 73.7 | 24.8 | 0.3 | N/A | -93.6% |
| United Arab Emirates | N/A | 80.4 | 45.0 | N/A | -44.0% |
| Others | 29.4 | 6.3 | 2.2 | 3.8 | -49.4% |
| Total | 424 | 127 | 94.6 | 128 | -32.9% |
Top Suppliers of Propyl and Isopropyl Alcohol to Azerbaijan in 2022:
- China (undefined tons)
- Turkey (29.4 tons)
- United Kingdom (16.4 tons)
- Poland (1.8 tons)
- Netherlands (1.6 tons)
- United States (0.8 tons)
- South Korea (0.5 tons)
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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