Report Update Nov 1, 2024

Azerbaijan - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Azerbaijan

The Azerbaijani synthetic organic colouring matters market surged to $X in 2022, picking up by 15% 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). Overall, consumption continues to indicate prominent growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Other Synthetic Organic Colouring Matters

Exports from Azerbaijan

After two years of decline, shipments abroad of other synthetic organic colouring matters increased by 57% to X tons in 2022. Over the period under review, exports, however, showed a noticeable downturn. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, synthetic organic colouring matters exports soared to $X in 2022. Overall, exports, however, showed a deep slump. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X kg) and Austria (X kg) were the main destinations of synthetic organic colouring matters exports from Azerbaijan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +757.3%).

In value terms, Austria ($X) and Georgia ($X) constituted the largest markets for synthetic organic colouring matters exported from Azerbaijan worldwide.

Austria, with a CAGR of +90.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average synthetic organic colouring matters export price amounted to $X per ton, rising by 32% against the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 105%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Georgia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-12.8%), while the prices for the other major destinations experienced a decline.

Imports of Other Synthetic Organic Colouring Matters

Imports into Azerbaijan

In 2022, approx. X tons of other synthetic organic colouring matters were imported into Azerbaijan; picking up by 4.1% against the previous year. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 176%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, synthetic organic colouring matters imports skyrocketed to $X in 2022. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by 74% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of synthetic organic colouring matters to Azerbaijan, with a 60% share of total imports. Moreover, synthetic organic colouring matters imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), sixfold. The third position in this ranking was held by China (X tons), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +43.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+209.9% per year) and China (+45.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of other synthetic organic colouring matters to Azerbaijan, comprising 46% of total imports. The second position in the ranking was taken by India ($X), with a 12% share of total imports. It was followed by China, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled +42.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+23.9% per year) and China (+35.9% per year).

Import Prices by Country

In 2022, the average synthetic organic colouring matters import price amounted to $X per ton, picking up by 26% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+37.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other synthetic organic colouring matters in the world?

The countries with the highest volumes of in 2021 were Turkey, China and the United States, together accounting for 51% of global consumption.

What are the largest producers of other synthetic organic colouring matters in the world?

The countries with the highest volumes of in 2021 were China, Turkey and India, together accounting for 60% of global production.

What are the leading suppliers of other synthetic organic colouring matters to Azerbaijan?

In value terms, Turkey constituted the largest supplier of synthetic organic colouring matters to Azerbaijan, comprising 58% of total imports. The second position in the ranking was occupied by China, with an 8.3% share of total imports. It was followed by India, with a 7.4% share.

What is the average export price for other synthetic organic colouring matters in Azerbaijan?

The average synthetic organic colouring matters export price stood at $3,857 per ton in 2021, growing by 55% against the previous year.

What is the average import price for other synthetic organic colouring matters in Azerbaijan?

In 2021, the average synthetic organic colouring matters import price amounted to $6,214 per ton, jumping by 34% against the previous year.

This report provides an in-depth analysis of the market for synthetic organic colouring matters 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 20122150 - Other synthetic organic colouring matters

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