Azerbaijan - Iron Oxides and Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAzerbaijan: Iron Oxide Pigment Market 2024
Iron Oxide Pigment Market Size in Azerbaijan
The Azerbaijani iron oxide pigment market totaled $X in 2022, surging by X% against the previous year. Overall, consumption showed a strong increase. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.
Iron Oxide Pigment Production in Azerbaijan
In value terms, iron oxide pigment production rose slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Iron oxide pigment production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Iron Oxide Pigment Exports
Exports from Azerbaijan
In 2020, overseas shipments of iron oxide pigments decreased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. Overall, exports showed a drastic downturn. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2020, the exports failed to regain momentum.
In value terms, iron oxide pigment exports contracted remarkably to $X in 2020. In general, exports recorded a mild slump. Over the period under review, the exports hit record highs at $X in 2019, and then reduced remarkably in the following year.
Exports by Country
Kazakhstan (X tons) was the main destination for iron oxide pigment exports from Azerbaijan, with a approx. X% share of total exports.
From 2013 to 2020, the average annual growth rate of volume to Kazakhstan was relatively modest.
In value terms, Kazakhstan ($X) emerged as the key foreign market for iron oxide pigments exports from Azerbaijan.
From 2013 to 2020, the average annual growth rate of value to Kazakhstan was relatively modest.
Export Prices by Country
In 2020, the average iron oxide pigment export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019, and then shrank in the following year.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2013 to 2020, the rate of growth in terms of prices for Russia amounted to X% per year.
Iron Oxide Pigment Imports
Imports into Azerbaijan
In 2022, supplies from abroad of iron oxide pigments was finally on the rise to reach X tons after three years of decline. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, iron oxide pigment imports soared to $X in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.
Imports by Country
China (X tons), Malaysia (X tons) and Turkey (X tons) were the main suppliers of iron oxide pigment imports to Azerbaijan, with a combined X% share of total imports. These countries were followed by India, which accounted for a further X%.
From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constituted the largest supplier of iron oxide pigments to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.
From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Turkey (X% per year).
Import Prices by Country
The average iron oxide pigment import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxide pigment import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the iron oxide pigment market 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the iron oxide pigment market in Asia.
This report provides an in-depth analysis of the iron oxide pigment market in the U.S..
This report provides an in-depth analysis of the iron oxide pigment market in China.
This report provides an in-depth analysis of the iron oxide pigment market in the EU.
This report provides an in-depth analysis of the global iron oxide pigment market.
- Iron Oxide Pigment Price Azerbaijan
- Iron Oxide Pigments Market
- Crude Glycerol Market
- Denatured Ethyl Alcohol Market
- Roasted Iron Pyrites Market
- Benzol Market
- Aromatic Hydrocarbon Mixtures Market
- Oils From Coal Tar Market
- Organo-Sulphur Compounds and Other Organo-Inorganic Compounds Market
- Argon Market