Azerbaijan: Uncoated Kraft Liner Market 2023

Uncoated Kraft Liner Market Size in Azerbaijan

In 2021, the Azerbaijani uncoated kraft liner market increased by 36% to $X, rising for the second consecutive year after three years of decline. In general, consumption continues to indicate noticeable growth. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Uncoated Kraft Liner Exports

Exports from Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in overseas shipments of uncoated kraft liner, which decreased by -86.8% to X tons in 2016. Overall, exports saw a precipitous descent. The smallest decline of -50.2% was in 2015. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2016, the exports failed to regain momentum.

In value terms, uncoated kraft liner exports contracted notably to $X in 2016. Over the period under review, exports saw a sharp reduction. The smallest decline of -3.1% was in 2015. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for uncoated kraft liner exports from Azerbaijan, with a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for uncoated kraft liner exports from Azerbaijan.

From 2013 to 2016, the average annual rate of growth in terms of value to Turkey was relatively modest.

Export Prices by Country

The average uncoated kraft liner export price stood at $X per ton in 2016, falling by -20.4% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2013 to 2016, the rate of growth in terms of prices for Georgia amounted to +21.7% per year.

Uncoated Kraft Liner Imports

Imports into Azerbaijan

In 2021, supplies from abroad of uncoated kraft liner increased by 22% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 183%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, uncoated kraft liner imports surged to $X in 2021. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 250%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) was the main supplier of uncoated kraft liner to Azerbaijan, accounting for a 95% share of total imports. Moreover, uncoated kraft liner imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-13.1% per year) and China (-33.5% per year).

In value terms, Russia ($X) constituted the largest supplier of uncoated kraft liner to Azerbaijan, comprising 94% of total imports. The second position in the ranking was taken by Turkey ($X), with a 4.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.0% per year) and China (-23.4% per year).

Import Prices by Country

The average uncoated kraft liner import price stood at $X per ton in 2021, surging by 21% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 103% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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