Dithionites and Sulphoxylates Price in Azerbaijan - 2023
Contents:
- Dithionites and Sulphoxylates Price in Azerbaijan (CIF) - 2022
- Dithionites and Sulphoxylates Imports in Azerbaijan
Dithionites and Sulphoxylates Price in Azerbaijan (CIF) - 2022
In 2022, the average dithionites and sulphoxylates import price amounted to $1,261 per ton, surging by 80% against the previous year. Overall, the import price continues to indicate a remarkable increase. Over the period under review, average import prices attained the maximum at $2,113 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,920 per ton), while the price for Iran ($360 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Imports in Azerbaijan
Dithionites and sulphoxylates imports into Azerbaijan skyrocketed to 81 tons in 2022, jumping by 17% compared with 2021 figures. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 233% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, dithionites and sulphoxylates imports skyrocketed to $103K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 1.4 | N/A | 83.4 | 647.1% |
| Iran | 0.4 | N/A | 18.9 | 19.0 | 262.2% |
| Turkey | 0.7 | 0.1 | 19.1 | 0.3 | -24.6% |
| Italy | 47.4 | 37.7 | 9.8 | N/A | -54.5% |
| Others | 0.4 | 0.2 | 0.7 | N/A | 32.3% |
| Total | 49.1 | 39.4 | 48.5 | 103 | 28.0% |
Top Suppliers of Dithionites and Sulphoxylates to Azerbaijan in 2022:
- Iran (52.8 tons)
- China (28.6 tons)
- Turkey (0.1 tons)
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