Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan - 2024
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $3,234 per ton, dropping by -2.1% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. As a result, import price reached the peak level of $5,072 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,940 per ton), while the price for Turkey ($2,717 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $1,160 per ton in 2022, flattening at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2021 to 2022, the rate of growth in terms of prices for Georgia amounted to 0.0% per year.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan
In 2022, purchases abroad of colouring matter; ultramarine and preparations based therea was finally on the rise to reach 3.9 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp decline.
In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $13K in 2022. Over the period under review, imports, however, saw a precipitous setback.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.3 | 1.6 | 4.5 | 7.2 | 4.6% |
| India | 28.2 | N/A | 0.6 | 2.3 | -56.6% |
| China | N/A | 8.3 | N/A | 2.3 | -47.4% |
| Spain | N/A | N/A | 0.2 | 0.7 | 250.0% |
| Others | 0.6 | 0.2 | 0.6 | N/A | 0.0% |
| Total | 35.1 | 10.0 | 5.9 | 12.6 | -28.9% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Azerbaijan in 2022:
- Turkey (2662.0 kg)
- China (625.0 kg)
- India (500.0 kg)
- Spain (100.0 kg)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan
In 2022, exports of colouring matter; ultramarine and preparations based therea from Azerbaijan surged to 50 kg, increasing by 100% on 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; ultramarine and preparations based therea surged to $58 in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Georgia | 29.0 | 58.0 | 100.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 29.0 | 58.0 | 100.0% | ||
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Azerbaijan in 2022:
- Georgia (50.0 kg)
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