Azerbaijan: Acyclic Hydrocarbons Derivatives Market 2025

Acyclic Hydrocarbons Derivatives Market Size in Azerbaijan

The Azerbaijani acyclic hydrocarbons derivatives market reduced dramatically to $X in 2021, which is down by -29.4% 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). In general, consumption, however, showed a significant expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Acyclic Hydrocarbons Derivatives Exports

Exports from Azerbaijan

In 2020, approx. X kg of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons were exported from Azerbaijan; therefore, remained relatively stable against 2019 figures. In general, exports faced a abrupt downturn. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the peak figure at X kg in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

In value terms, acyclic hydrocarbons derivatives exports amounted to $X in 2020. Overall, exports showed a abrupt shrinkage. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

Exports by Country

Georgia (X kg) was the main destination for acyclic hydrocarbons derivatives exports from Azerbaijan, with a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Georgia was relatively modest.

From 2013 to 2020, the average annual rate of growth in terms of value to Georgia was relatively modest.

Export Prices by Country

The average acyclic hydrocarbons derivatives export price stood at $X per ton in 2020, approximately mirroring the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2014 a decrease of 99.9%. The export price peaked in 2020 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 2013 to 2020, the rate of growth in terms of prices for Russia amounted to 0.0% per year.

Acyclic Hydrocarbons Derivatives Imports

Imports into Azerbaijan

In 2021, approx. X tons of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons were imported into Azerbaijan; with a decrease of -29.5% against the year before. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 490% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons derivatives imports dropped rapidly to $X in 2021. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2016 when imports increased by 432% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main acyclic hydrocarbons derivatives supplier to Azerbaijan, with a 93% share of total imports. Moreover, acyclic hydrocarbons derivatives imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +65.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+26.1% per year) and Belgium (-13.1% per year).

In value terms, China ($X) constituted the largest supplier of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons to Azerbaijan, comprising 91% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +64.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+36.1% per year) and Belgium (-8.2% per year).

Import Prices by Country

In 2021, the average acyclic hydrocarbons derivatives import price amounted to $X per ton, leveling off at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 110% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+96.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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