Price for Salts of Oxometallic or Peroxometallic Acids in Azerbaijan - 2023
Contents:
- Price for Salts of Oxometallic or Peroxometallic Acids in Azerbaijan (CIF) - 2023
- Imports of Salts of Oxometallic or Peroxometallic Acids in Azerbaijan
Price for Salts of Oxometallic or Peroxometallic Acids in Azerbaijan (CIF) - 2023
The average import price for salts of oxometallic or peroxometallic acidses stood at $455 per ton in November 2023, approximately mirroring the previous month. Overall, the import price showed a mild contraction. The growth pace was the most rapid in January 2023 when the average import price increased by 3,988% m-o-m. As a result, import price attained the peak level of $22,083 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From November 2022 to November 2023, the rate of growth in terms of prices for Turkey amounted to -1.8% per month.
Imports of Salts of Oxometallic or Peroxometallic Acids in Azerbaijan
In 2022, approx. 644 tons of salts of oxometallic or peroxometallic acidses were imported into Azerbaijan; surging by 872% compared with the year before. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,029% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of salts of oxometallic or peroxometallic acidses soared to $2.2M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Salts of Oxometallic or Peroxometallic Acids in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.9 | 11.3 | 125 | 2,228 | 555.8% |
| United Arab Emirates | N/A | N/A | 133 | 0.8 | -99.4% |
| Others | 52.0 | 36.8 | 24.7 | 18.5 | -29.1% |
| Total | 59.9 | 48.1 | 283 | 2,247 | 234.8% |
Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Azerbaijan in 2022:
- Turkey (640.4 tons)
- United Arab Emirates (0.1 tons)
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