Report Update Nov 1, 2024

Azerbaijan - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in Azerbaijan

The Azerbaijani market for caustic soda in the solid form soared to $X in 2021, picking up by 44% 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). Over the period under review, consumption showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Exports of Caustic Soda in the Solid Form

Exports from Azerbaijan

In 2021, approx. X kg of caustic soda in the solid form were exported from Azerbaijan; remaining stable against the previous year's figure. In general, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of caustic soda in the solid form stood at $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports of caustic soda in solid form hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Ukraine (X kg) was the main destination for exports of caustic soda in the solid form from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2021 to 2021, the average annual growth rate of volume to Ukraine was relatively modest.

From 2021 to 2021, the average annual growth rate of value to Ukraine was relatively modest.

Imports of Caustic Soda in the Solid Form

Imports into Azerbaijan

In 2021, approx. X tons of caustic soda in the solid form were imported into Azerbaijan; rising by 32% compared with 2020. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 106% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of caustic soda in the solid form soared to $X in 2021. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of 76%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Iran (X tons) constituted the largest caustic soda in the solid form supplier to Azerbaijan, with a 54% share of total imports. Moreover, imports of caustic soda in the solid form from Iran exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Iran amounted to +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-6.5% per year) and Saudi Arabia (+16.3% per year).

In value terms, Iran ($X) constituted the largest supplier of caustic soda in the solid form to Azerbaijan, comprising 50% of total imports. The second position in the ranking was held by Russia ($X), with an 18% share of total imports. It was followed by Saudi Arabia, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Iran stood at +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-5.6% per year) and Saudi Arabia (+22.6% per year).

Import Prices by Country

The average import price for caustic soda in the solid form stood at $X per ton in 2021, growing by 12% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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 Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.4%), 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 caustic soda in the solid form in the world?

The countries with the highest volumes of in 2021 were China, Qatar and the United States, with a combined 35% share of global consumption.

What are the largest producers of caustic soda in the solid form in the world?

China constituted the country with the largest volume of production of caustic soda in the solid form, accounting for 30% of total volume. Moreover, production of caustic soda in the solid form in China exceeded the figures recorded by the second-largest producer, Qatar, threefold. The United States ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of caustic soda in the solid form to Azerbaijan?

In value terms, Iran constituted the largest supplier of caustic soda in the solid form to Azerbaijan, comprising 60% of total imports. The second position in the ranking was occupied by Russia, with a 22% share of total imports. It was followed by Turkey, with a 16% share.

What is the average export price for caustic soda in the solid form in Azerbaijan?

In 2021, the average export price for caustic soda in the solid form amounted to $1,360 per ton, remaining relatively unchanged against the previous year.

What is the average import price for caustic soda in the solid form in Azerbaijan?

The average import price for caustic soda in the solid form stood at $533 per ton in 2021, growing by 13% against the previous year.

This report provides an in-depth analysis of the market for caustic soda in the solid form 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 20132525 - Sodium hydroxide (caustic soda), solid

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