Azerbaijan: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Azerbaijan

The Azerbaijani market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function shrank markedly to $X in 2022, reducing by -53.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Azerbaijan

Butanal butanal and acyclic aldehydes exports from Azerbaijan skyrocketed to X tons in 2022, jumping by 844% on the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, butanal butanal and acyclic aldehydes exports surged to $X in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Azerbaijan, with a 99% share of total exports. It was followed by Georgia (X kg), with a 1% share of total exports.

From 2018 to 2022, the average annual growth rate of volume to Kazakhstan was relatively modest.

In value terms, Kazakhstan ($X) emerged as the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Azerbaijan, comprising 98% of total exports. The second position in the ranking was taken by Georgia ($X), with a 2.4% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of value to Kazakhstan was relatively modest.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, which is down by -35% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The export price peaked at $X per ton in 2021, and then dropped markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Kazakhstan amounted to $X per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+56.0%).

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Azerbaijan

In 2022, butanal butanal and acyclic aldehydes imports into Azerbaijan plummeted to X tons, declining by -42% against the previous year's figure. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 193%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes imports shrank sharply to $X in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 211%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of butanal butanal and acyclic aldehydes to Azerbaijan, with a 73% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from the United States exceeded the figures recorded by the second-largest supplier, Iran (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +48.7%.

In value terms, the United States ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to Azerbaijan, comprising 96% of total imports. The second position in the ranking was taken by Iran ($X), with a 3.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +50.4%.

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, falling by -16.8% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average 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 the United States ($X per ton), while the price for Iran stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+70.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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