Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Azerbaijan - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Azerbaijan (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Azerbaijan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Azerbaijan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $5,057 per ton in 2022, picking up by 22% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by 395% against the previous year. The import price peaked at $30,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,853 per ton), while the price for Turkey stood at $3,950 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.4%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Azerbaijan
In 2022, approx. 385 kg of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses were imported into Azerbaijan; with an increase of 1,825% on 2021. Overall, imports, however, faced a drastic downturn.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses soared to $1.9K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 1,747 | 0% |
| Turkey | 92.0 | 68.0 | 83.0 | 79.0 | -5.0% |
| Russia | N/A | 156 | N/A | N/A | 0% |
| China | N/A | 986 | N/A | N/A | 0% |
| Indonesia | 928 | N/A | N/A | N/A | 0% |
| Others | 55.0 | 153 | N/A | 121 | 30.1% |
| Total | 1,075 | 1,363 | 83.0 | 1,947 | 21.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Azerbaijan in 2022:
- Netherlands (360.0 kg)
- Turkey (20.0 kg)
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