
Azerbaijan - Polyacetals in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
Azerbaijan: Polyacetals Market 2023
Polyacetals Market Size in Azerbaijan
After three years of growth, the Azerbaijani polyacetals market decreased by -2.9% to $X in 2021. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Polyacetals consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Polyacetals Production in Azerbaijan
In value terms, polyacetals production declined slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 23% against the previous year. Polyacetals production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.
Polyacetals Exports
Exports from Azerbaijan
In 2021, the amount of polyacetals in primary forms exported from Azerbaijan amounted to X kg, stabilizing at 2020 figures. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, polyacetals exports amounted to $X in 2021. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.
Exports by Country
Hong Kong SAR (X kg) was the main destination for polyacetals exports from Azerbaijan, accounting for a approx. 100% share of total exports.
From 2021 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest.
From 2021 to 2021, the average annual growth rate of value to Hong Kong SAR was relatively modest.
Polyacetals Imports
Imports into Azerbaijan
In 2021, imports of polyacetals in primary forms into Azerbaijan dropped rapidly to X tons, waning by -70.4% against 2020 figures. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2019 when imports increased by 755%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, polyacetals imports declined remarkably to $X in 2021. Overall, imports showed a significant curtailment. The growth pace was the most rapid in 2017 with an increase of 1,228%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
The UK (X tons), the United Arab Emirates (X kg) and Turkey (X kg) were the main suppliers of polyacetals imports to Azerbaijan.
From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of -6.7%), while purchases for the other leaders experienced a decline.
In value terms, the largest polyacetals suppliers to Azerbaijan were the UK ($X), the United Arab Emirates ($X) and Turkey ($X).
Among the main suppliers, the United Arab Emirates, with a CAGR of +1.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2021, the average polyacetals import price amounted to $X per ton, rising by 43% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 67%. The import price peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+26.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the polyacetals 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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