Report Update Nov 1, 2024

Azerbaijan - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Rare Gases Market 2024

Rare Gases Exports

Exports from Azerbaijan

In 2022, rare gases exports from Azerbaijan declined remarkably to X cubic meters, with a decrease of -99.3% on the previous year. Overall, exports recorded a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 749% against the previous year. The exports peaked at X cubic meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, rare gases exports reduced rapidly to $X in 2022. In general, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 2,237% against the previous year. As a result, the exports reached the peak of $X, and then reduced markedly in the following year.

Exports by Country

Denmark (X cubic meters) and the United States (X cubic meters) were the main destinations of rare gases exports from Azerbaijan. Moreover, rare gases exports in Denmark exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of 0.0%).

In value terms, Denmark ($X) and the United States ($X) were the largest markets for rare gases exported from Azerbaijan worldwide.

Among the main countries of destination, Denmark, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average rare gases export price amounted to $X per cubic meter, growing by 87% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 285% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per cubic meter), while the average price for exports to Denmark stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+286.8%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Gases Imports

Imports into Azerbaijan

In 2022, supplies from abroad of rare gases (excluding argon) increased by 220% to X cubic meters, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2016 with an increase of 301%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, rare gases imports skyrocketed to $X in 2022. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the UK (X cubic meters) constituted the largest rare gases supplier to Azerbaijan, with a 63% share of total imports. Moreover, rare gases imports from the UK exceeded the figures recorded by the second-largest supplier, Qatar (X cubic meters), fivefold. The third position in this ranking was taken by Russia (X cubic meters), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (+46.3% per year) and Russia (+8.7% per year).

In value terms, the largest rare gases suppliers to Azerbaijan were the UK ($X), Qatar ($X) and Russia ($X), together comprising 79% of total imports. These countries were followed by Germany, Algeria, Poland, India and the United Arab Emirates, which together accounted for a further 19%.

India, with a CAGR of +71.5%, recorded the highest rates of growth with regard to the value of imports, among 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 rare gases import price stood at $X per cubic meter in 2022, waning by -9.1% against the previous year. Overall, the import price, however, continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 50%. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per cubic meter), while the price for India ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+37.4%), 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 rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases consumption in 2021 were China, the United States and Germany, together comprising 43% of global consumption.

What are the largest producers of rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases production in 2021 were China, the United States and Germany, together comprising 44% of global production.

What are the leading suppliers of rare gases (excluding argon) to Azerbaijan?

In value terms, Russia, Germany and the United Arab Emirates were the largest rare gases suppliers to Azerbaijan, with a combined 56% share of total imports. These countries were followed by the United States, Poland, Qatar and Turkey, which together accounted for a further 30%.

What are the leading importers of rare gases (excluding argon) from Azerbaijan?

In value terms, the UK emerged as the key foreign market for rare gases exports from Azerbaijan, comprising 73% of total exports. The second position in the ranking was occupied by Italy, with a 22% share of total exports.

What is the average export price for rare gases (excluding argon) in Azerbaijan?

In 2021, the average rare gases export price amounted to $14 per cubic meter, jumping by 123% against the previous year.

What is the average import price for rare gases (excluding argon) in Azerbaijan?

In 2021, the average rare gases import price amounted to $14 per cubic meter, falling by -12.5% against the previous year.

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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