Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Azerbaijan - 2023

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Azerbaijan (CIF) - 2023

The average import price for vinyl chloride polymers; waste, parings and scraps stood at $400 per ton in November 2023, remaining stable against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 8.9% month-to-month. As a result, import price reached the peak level of $429 per ton. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Iran.

From December 2022 to November 2023, the rate of growth in terms of prices for Iran amounted to 0.0% per month.

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Azerbaijan

In 2022, after three years of growth, there was significant decline in supplies from abroad of vinyl chloride polymers; waste, parings and scraps, when their volume decreased by -39.5% to 2K tons. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 388% against the previous year.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps dropped dramatically to $843K in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 290% against the previous year.

Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	4.8	19.5	82.0	743	436.9%
Georgia	91.7	457	779	90.3	-0.5%
Turkey	42.3	234	336	9.4	-39.4%
Others	43.7	N/A	N/A	0.2	-83.4%
Total	183	711	1,197	843	66.4%