Azerbaijan - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tall Oil Fatty Acids in Azerbaijan - 2023
Contents:
- Price for Tall Oil Fatty Acids in Azerbaijan (CIF) - 2022
- Price for Tall Oil Fatty Acids in Azerbaijan (FOB) - 2022
- Imports of Tall Oil Fatty Acids in Azerbaijan
- Exports of Tall Oil Fatty Acids in Azerbaijan
Price for Tall Oil Fatty Acids in Azerbaijan (CIF) - 2022
In 2022, the average tall oil fatty acids import price amounted to $2,505 per ton, shrinking by -8.6% against the previous year. Over the period under review, the import price showed a pronounced slump. The pace of growth appeared the most rapid in 2014 an increase of 32%. Over the period under review, average import prices attained the maximum at $3,500 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,238 per ton), while the price for Turkey ($2,076 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+46.7%), while the prices for the other major suppliers experienced a decline.
Price for Tall Oil Fatty Acids in Azerbaijan (FOB) - 2022
In 2022, the average tall oil fatty acids export price amounted to $2,481 per ton, rising by 2.4% against the previous year. Over the period under review, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19%. The export price peaked at $3,447 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -1.2% per year.
Imports of Tall Oil Fatty Acids in Azerbaijan
Tall oil fatty acids imports into Azerbaijan skyrocketed to 198 tons in 2022, picking up by 34% against the previous year's figure. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. As a result, imports attained the peak of 248 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tall oil fatty acids imports surged to $496K in 2022. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 119%. As a result, imports attained the peak of $587K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Tall Oil Fatty Acids in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 70.9 | 102 | 109 | 179 | 36.2% |
| Netherlands | 111 | 194 | 50.5 | 157 | 12.3% |
| Belgium | 46.8 | 86.8 | 75.8 | 104 | 30.5% |
| United States | 20.0 | 21.1 | 20.9 | 28.8 | 12.9% |
| United Kingdom | 18.6 | 10.3 | 19.3 | 26.6 | 12.7% |
| China | N/A | 113 | 129 | N/A | 14.2% |
| United Arab Emirates | N/A | 61.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 268 | 587 | 404 | 496 | 22.8% |
Top Suppliers of Tall Oil Fatty Acids to Azerbaijan in 2022:
- Turkey (86.3 tons)
- Netherlands (56.7 tons)
- Belgium (37.5 tons)
- United States (8.9 tons)
- United Kingdom (8.5 tons)
Exports of Tall Oil Fatty Acids in Azerbaijan
In 2022, overseas shipments of industrial tall oil fatty acids increased by 17% to 6.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt setback.
In value terms, tall oil fatty acids exports soared to $16K in 2022. Over the period under review, exports, however, recorded a abrupt descent.
| Export of Tall Oil Fatty Acids in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 23.3 | 18.2 | 8.7 | 15.6 | -12.5% |
| United Kingdom | N/A | N/A | 4.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.3 | 18.2 | 13.1 | 15.6 | -12.5% |
Top Export Markets for Tall Oil Fatty Acids from Azerbaijan in 2022:
- Kazakhstan (6.3 tons)
This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids
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
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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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