Azerbaijan: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Azerbaijan

The Azerbaijani non-cellular polypropylene film market surged to $X in 2021, picking up by 19% 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 showed a significant increase. Non-cellular polypropylene film consumption peaked in 2021 and is likely to continue growth in the near future.

Non-Cellular Polypropylene Film Exports

Exports from Azerbaijan

In 2021, overseas shipments of non-cellular polypropylene films, sheets, foil and strip increased by 210% to X kg for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 20,981%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-cellular polypropylene film exports skyrocketed to $X in 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 38,988%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X kg) was the main destination for non-cellular polypropylene film exports from Azerbaijan, accounting for a 51% share of total exports. Moreover, non-cellular polypropylene film exports to Turkey exceeded the volume sent to the second major destination, Ukraine (X kg), threefold. The third position in this ranking was held by Georgia (X kg), with a 17% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +32.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Georgia (+178.3% per year).

In value terms, the largest markets for non-cellular polypropylene film exported from Azerbaijan were Turkey ($X), Georgia ($X) and the United Arab Emirates ($X), with a combined 91% share of total exports.

In terms of the main countries of destination, Georgia, with a CAGR of +105.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-cellular polypropylene film export price amounted to $X per ton, waning by -42.8% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 86%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+14.9%), while the prices for the other major destinations experienced a decline.

Non-Cellular Polypropylene Film Imports

Imports into Azerbaijan

In 2021, imports of non-cellular polypropylene films, sheets, foil and strip into Azerbaijan expanded remarkably to X tons, surging by 8% compared with the previous year's figure. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 60% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, non-cellular polypropylene film imports soared to $X in 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 137%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Russia (X tons), Iran (X tons) and Turkey (X tons) were the main suppliers of non-cellular polypropylene film imports to Azerbaijan, together accounting for 75% of total imports. These countries were followed by Belgium, Uzbekistan, Ukraine and Georgia, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uzbekistan (with a CAGR of +156.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Turkey ($X) and Iran ($X) were the largest non-cellular polypropylene film suppliers to Azerbaijan, together accounting for 62% of total imports. Belgium, Georgia, Ukraine and Uzbekistan lagged somewhat behind, together comprising a further 25%.

Uzbekistan, with a CAGR of +164.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-cellular polypropylene film import price stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 48%. The import price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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