Azerbaijan: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Azerbaijan

In 2021, the Azerbaijani organic surface active agent market increased by 0.1% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Organic Surface Active Agents

Exports from Azerbaijan

Organic surface active agent exports from Azerbaijan fell significantly to X tons in 2021, waning by -57.5% against 2020. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 410% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, organic surface active agent exports contracted notably to $X in 2021. Overall, exports, however, enjoyed moderate growth. The growth pace was the most rapid in 2016 with an increase of 378% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Iraq (X tons) and Kazakhstan (X kg) were the main destinations of organic surface active agent exports from Azerbaijan, together accounting for 82% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +15.5%), while the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Iraq ($X) and Kazakhstan ($X) constituted the largest markets for organic surface active agent exported from Azerbaijan worldwide, together accounting for 88% of total exports.

Kazakhstan, with a CAGR of +39.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average organic surface active agent export price stood at $X per ton in 2021, with a decrease of -21.2% against the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents

Imports into Azerbaijan

In 2021, purchases abroad of organic surface active agents increased by 2.4% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +10.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 96%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, organic surface active agent imports fell to $X in 2021. Over the period under review, imports showed a modest expansion. The growth pace was the most rapid in 2013 when imports increased by 371%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Iran (X tons) constituted the largest organic surface active agent supplier to Azerbaijan, accounting for a 57% share of total imports. Moreover, organic surface active agent imports from Iran exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. The third position in this ranking was taken by China (X tons), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from Iran stood at +42.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.3% per year) and China (+35.7% per year).

In value terms, Iran ($X), the Netherlands ($X) and Turkey ($X) were the largest organic surface active agent suppliers to Azerbaijan, together accounting for 52% of total imports. These countries were followed by China, the UK, Egypt, South Korea, the United Arab Emirates, Russia and the United States, which together accounted for a further 28%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +33.8%, saw the highest growth rate of 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

The average organic surface active agent import price stood at $X per ton in 2021, falling by -9.8% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of 140%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform