Report Update Nov 1, 2024

Azerbaijan - Maltodextrine and Maltodextine Syrup - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Maltodextrine Market 2024

Maltodextrine Market Size in Azerbaijan

The Azerbaijani maltodextrine market was estimated at $X in 2021, increasing by 4.4% 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, enjoyed a mild increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Maltodextrine Exports

Exports from Azerbaijan

Maltodextrine exports from Azerbaijan stood at X kg in 2021, approximately mirroring 2020. In general, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2018 when exports increased by 53% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, maltodextrine exports stood at $X in 2021. Overall, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 47%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X kg) was the main destination for maltodextrine exports from Azerbaijan, with a approx. 50% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Denmark was relatively modest.

From 2015 to 2021, the average annual rate of growth in terms of value to Denmark was relatively modest.

Export Prices by Country

In 2021, the average maltodextrine export price amounted to $X per ton, flattening at the previous year. Overall, the export price saw a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 199%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +156.3% per year.

Maltodextrine Imports

Imports into Azerbaijan

In 2021, purchases abroad of maltodextrine and maltodextine syrup decreased by -13% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 184%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, maltodextrine imports reached $X in 2021. Overall, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 when imports increased by 273%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Iran (X tons) constituted the largest maltodextrine supplier to Azerbaijan, with a 56% share of total imports. Moreover, maltodextrine imports from Iran exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Iran stood at +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-3.2% per year) and Italy (-7.9% per year).

In value terms, France ($X), Iran ($X) and Russia ($X) appeared to be the largest maltodextrine suppliers to Azerbaijan, with a combined 56% share of total imports.

Among the main suppliers, France, with a CAGR of +59.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average maltodextrine import price amounted to $X per ton, growing by 29% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 54%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maltodextrine and maltodextine syrup in the world?

The country with the largest volume of maltodextrine consumption was China, accounting for 29% of total volume. Moreover, maltodextrine consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The U.S. ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of maltodextrine and maltodextine syrup in the world?

China remains the largest maltodextrine producing country worldwide, accounting for 27% of total volume. Moreover, maltodextrine production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the U.S., with a 7.6% share.

What are the leading suppliers of maltodextrine and maltodextine syrup to Azerbaijan?

In value terms, France constituted the largest supplier of maltodextrine to Azerbaijan, comprising 42% of total imports. The second position in the ranking was occupied by Iran, with a 14% share of total imports. It was followed by Turkey, with a 12% share.

What are the leading importers of maltodextrine and maltodextine syrup from Azerbaijan?

In value terms, the United Arab Emirates remains the key foreign market for maltodextrine exports from Azerbaijan.

What is the average export price for maltodextrine and maltodextine syrup in Azerbaijan?

In 2019, the average maltodextrine export price amounted to $3,651 per ton, leveling off at the previous year.

What is the average import price for maltodextrine and maltodextine syrup in Azerbaijan?

The average maltodextrine import price stood at $1,108 per ton in 2020, reducing by -17% against the previous year.

This report provides an in-depth analysis of the maltodextrine 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:

Prodcom 10621330 - Maltodextrine and maltodextine syrup (excluding with added flavouring or colouring matter)

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