Azerbaijan: Polymer Ion-Exchangers Market 2022

Polymer Ion-Exchangers Market Size in Azerbaijan

In 2021, the Azerbaijani polymer ion-exchangers market increased by 29% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Polymer Ion-Exchangers Exports

Exports from Azerbaijan

In 2017, exports of ion-exchangers based on synthetic or natural polymers in primary forms from Azerbaijan was estimated at X kg, remaining stable against the previous year. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2017 and are likely to continue growth in the near future.

In value terms, polymer ion-exchangers exports amounted to $X in 2017. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2017 and are expected to retain growth in years to come.

Exports by Country

Italy (X kg) was the main destination for polymer ion-exchangers exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2017 to 2017, the average annual rate of growth in terms of volume to Italy was relatively modest.

From 2017 to 2017, the average annual rate of growth in terms of value to Italy was relatively modest.

Polymer Ion-Exchangers Imports

Imports into Azerbaijan

For the sixth consecutive year, Azerbaijan recorded growth in purchases abroad of ion-exchangers based on synthetic or natural polymers in primary forms, which increased by 16% to X tons in 2021. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 639%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, polymer ion-exchangers imports surged to $X in 2021. Over the period under review, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 911%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

China (X tons), South Korea (X tons) and the United States (X tons) were the main suppliers of polymer ion-exchangers imports to Azerbaijan, together comprising 85% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +115.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polymer ion-exchangers suppliers to Azerbaijan were South Korea ($X), China ($X) and the United States ($X), with a combined 86% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +140.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polymer ion-exchangers import price stood at $X per ton in 2021, increasing by 24% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 88%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :