Azerbaijan: Market for Prepared Additives For Cements, Mortars Or Concretes 2022

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Azerbaijan

In 2021, the Azerbaijani prepared additives for cements market increased by X% to $X, rising for the third consecutive year after four years of decline. In general, consumption, however, saw a noticeable reduction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Azerbaijan

Prepared additives for cements exports from Azerbaijan declined sharply to X tons in 2021, falling by -X% against the previous year. Over the period under review, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared additives for cements exports shrank to $X in 2021. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons), Georgia (X tons) and the Netherlands (X tons) were the main destinations of prepared additives for cements exports from Azerbaijan, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Azerbaijan were the Netherlands ($X), Georgia ($X) and Japan ($X), together accounting for X% of total exports.

Among the main countries of destination, Georgia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average prepared additives for cements export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Azerbaijan

In 2021, supplies from abroad of prepared additives for cements, mortars or concretes increased by X% to X tons, rising for the third consecutive year after five years of decline. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth imports failed to regain momentum.

In value terms, prepared additives for cements imports soared to $X in 2021. In general, imports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest prepared additives for cements supplier to Azerbaijan, with a X% share of total imports. Moreover, prepared additives for cements imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Germany (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of prepared additives for cements to Azerbaijan, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Turkey (-X% per year).

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Georgia ($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 (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform