Report Update Nov 1, 2024

Azerbaijan - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Azerbaijan

The Azerbaijani ammonium sulphate market soared to $X in 2022, with an increase of 49% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. Ammonium sulphate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ammonium Sulphate Production in Azerbaijan

In value terms, ammonium sulphate production shrank to $X in 2022 estimated in export price. In general, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 18% against the previous year. Ammonium sulphate production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ammonium Sulphate Exports

Exports from Azerbaijan

In 2022, overseas shipments of ammonium sulphate decreased by 0% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 275%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, ammonium sulphate exports totaled $X in 2022. Overall, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 292% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Iran (X tons) was the main destination for ammonium sulphate exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2018 to 2022, the average annual growth rate of volume to Iran amounted to +13.6%.

From 2018 to 2022, the average annual growth rate of value to Iran stood at +19.3%.

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price saw prominent growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 16%. The export price peaked 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 Iran.

From 2018 to 2022, the rate of growth in terms of prices for Iran amounted to +4.9% per year.

Ammonium Sulphate Imports

Imports into Azerbaijan

In 2022, imports of ammonium sulphate into Azerbaijan surged to X tons, growing by 89% against 2021 figures. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 504%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonium sulphate imports skyrocketed to $X in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 304% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of ammonium sulphate to Azerbaijan, accounting for a 80% share of total imports. Moreover, ammonium sulphate imports from Russia exceeded the figures recorded by the second-largest supplier, Georgia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at +52.1%.

In value terms, the largest ammonium sulphate suppliers to Azerbaijan were Russia ($X) and Georgia ($X).

Russia, with a CAGR of +49.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average ammonium sulphate import price amounted to $X per ton, reducing by -16.8% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 an increase of 26%. The import price peaked at $X per ton in 2012; however, from 2013 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 Georgia ($X per ton), while the price for Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium sulphate in the world?

The countries with the highest volumes of ammonium sulphate consumption in 2021 were Brazil, the United States and Indonesia, together accounting for 32% of global consumption. Russia, China, Vietnam, Turkey, India, Mexico, Canada, Belgium, the Philippines and Taiwan Chinese) lagged somewhat behind, together comprising a further 33%.

What are the largest producers of ammonium sulphate in the world?

China constituted the country with the largest volume of ammonium sulphate production, comprising approx. 34% of total volume. Moreover, ammonium sulphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Belgium ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of ammonium sulphate to Azerbaijan?

In value terms, Georgia and Russia appeared to be the largest ammonium sulphate suppliers to Azerbaijan.

What are the leading importers of ammonium sulphate from Azerbaijan?

In value terms, Iran remains the key foreign market for ammonium sulphate exports from Azerbaijan.

What is the average export price for ammonium sulphate in Azerbaijan?

The average ammonium sulphate export price stood at $249 per ton in 2021, with a decrease of -7.3% against the previous year.

What is the average import price for ammonium sulphate in Azerbaijan?

In 2021, the average ammonium sulphate import price amounted to $271 per ton, picking up by 72% against the previous year.

This report provides an in-depth analysis of the ammonium sulphate market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4002 -

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023