Price for Sodium Sulphates; Other than Disodium Sulphate in Azerbaijan - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Azerbaijan (CIF) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Azerbaijan
Price for Sodium Sulphates; Other than Disodium Sulphate in Azerbaijan (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $621 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 378% against the previous year. As a result, import price attained the peak level of $684 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 Russia ($990 per ton), while the price for Iran ($220 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+112.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Azerbaijan
In 2022, approx. 598 tons of sodium sulphates; other than disodium sulphates were imported into Azerbaijan; jumping by 102% against the previous year's figure. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 128% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of sodium sulphates; other than disodium sulphates surged to $371K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 193% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 117 | 218 | 86.3% |
| Germany | 25.7 | 38.6 | 25.6 | 66.9 | 37.6% |
| Iran | 13.7 | 2.0 | 16.4 | 44.1 | 47.7% |
| Turkey | 17.2 | 19.1 | 24.9 | 38.2 | 30.5% |
| Others | 8.4 | 3.4 | 1.4 | 4.4 | -19.4% |
| Total | 65.0 | 63.1 | 185 | 371 | 78.7% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Azerbaijan in 2022:
- Russia (220.0 tons)
- Iran (200.7 tons)
- Germany (110.8 tons)
- Turkey (63.0 tons)
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