Report Update Nov 1, 2024

Azerbaijan - Natural and Modified Natural Polymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Natural Polymers Market 2024

Natural Polymers Market Size in Azerbaijan

The Azerbaijani natural polymers market shrank remarkably to $X in 2021, waning by -65.4% 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). Over the period under review, consumption faced a deep downturn. Natural polymers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Natural Polymers Exports

Exports from Azerbaijan

In 2019, approx. X tons of natural and modified natural polymers in primary forms were exported from Azerbaijan; with an increase of 60% compared with 2018 figures. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 84% against the previous year. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, natural polymers exports skyrocketed to $X in 2019. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 98% against the previous year. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan (X tons) was the main destination for natural polymers exports from Azerbaijan, accounting for a 96% share of total exports. Moreover, natural polymers exports to Kazakhstan exceeded the volume sent to the second major destination, Kuwait (X kg), more than tenfold.

From 2012 to 2019, the average annual growth rate of volume to Kazakhstan was relatively modest.

In value terms, Kazakhstan ($X) emerged as the key foreign market for natural and modified natural polymers in primary forms exports from Azerbaijan, comprising 79% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 21% share of total exports.

From 2012 to 2019, the average annual growth rate of value to Kazakhstan was relatively modest.

Export Prices by Country

In 2019, the average natural polymers export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price showed a measured increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 7.7%. Over the period under review, the average export prices hit record highs in 2019 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Kazakhstan totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Polymers Imports

Imports into Azerbaijan

In 2021, supplies from abroad of natural and modified natural polymers in primary forms decreased by -75.5% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when imports increased by 158%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, natural polymers imports dropped markedly to $X in 2021. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 108%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of natural polymers imports to Azerbaijan, with a combined 34% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +7.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest natural polymers suppliers to Azerbaijan were Germany ($X), the Netherlands ($X) and China ($X), with a combined 21% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +5.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average natural polymers import price amounted to $X per ton, growing by 108% against the previous year. In general, the import price recorded a measured expansion. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%), 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 natural and modified natural polymers in primary forms in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, together comprising 42% of global consumption.

What are the largest producers of natural and modified natural polymers in primary forms in the world?

China constituted the country with the largest volume of natural polymers production, accounting for 32% of total volume. Moreover, natural polymers production in China exceeded the figures recorded by the second-largest producer, Italy, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the leading suppliers of natural and modified natural polymers in primary forms to Azerbaijan?

In value terms, the Netherlands, Germany and China were the largest natural polymers suppliers to Azerbaijan, together comprising 33% of total imports. These countries were followed by the UK, the United Arab Emirates, Turkey and the United States, which together accounted for a further 24%.

What is the average export price for natural and modified natural polymers in primary forms in Azerbaijan?

In 2019, the average natural polymers export price amounted to $4,268 per ton, with an increase of 2.5% against the previous year.

What is the average import price for natural and modified natural polymers in primary forms in Azerbaijan?

In 2021, the average natural polymers import price amounted to $5,963 per ton, with an increase of 6.1% against the previous year.

This report provides an in-depth analysis of the natural polymers 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 20165960 - Natural and modified natural polymers, in primary forms (including alginic acid, hardened proteins, chemical derivatives of natural rubber)

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