Azerbaijan: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Azerbaijan

The Azerbaijani market for rigid tubes, pipes and hoses of polymers of vinyl chloride soared to $X in 2022, rising by 37% 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 recorded a relatively flat trend pattern. Vinyl chloride polymer rigid pipes consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Azerbaijan

In 2022, the amount of rigid tubes, pipes and hoses of polymers of vinyl chloride exported from Azerbaijan contracted markedly to X kg, shrinking by -99.7% on 2021. In general, exports saw a sharp decline. The most prominent rate of growth was recorded in 2017 when exports increased by 628%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes exports dropped notably to $X in 2022. Overall, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 221%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X kg) was the main destination for vinyl chloride polymer rigid pipes exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at -22.6%.

In value terms, Russia ($X) emerged as the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Azerbaijan.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -31.1%.

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, with a decrease of -19.2% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 55%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +5.4% per year.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Azerbaijan

In 2022, imports of rigid tubes, pipes and hoses of polymers of vinyl chloride into Azerbaijan surged to X tons, growing by 27% on the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 802% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, vinyl chloride polymer rigid pipes imports surged to $X in 2022. In general, imports showed a modest increase. The pace of growth was the most pronounced in 2016 when imports increased by 829% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest vinyl chloride polymer rigid pipes supplier to Azerbaijan, with a 89% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Uzbekistan (X tons), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.6% per year) and Uzbekistan (+25.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Azerbaijan, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with a 4.3% share of total imports. It was followed by Uzbekistan, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.1% per year) and Uzbekistan (+8.5% per year).

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, surging by 15% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 66% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and Uzbekistan ($X per ton), while the price for Turkey ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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