Report Update Nov 1, 2024

Azerbaijan - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Azerbaijan

In 2021, the Azerbaijani titanium dioxide pigments market decreased by -20.1% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, enjoyed a significant expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Titanium Dioxide Pigments Exports

Exports from Azerbaijan

In 2021, the amount of titanium dioxide pigments and colouring preparations exported from Azerbaijan contracted markedly to X tons, waning by -83.8% on 2020 figures. Overall, exports saw a significant decline. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced markedly in the following year.

In value terms, titanium dioxide pigments exports fell remarkably to $X in 2021. In general, exports showed a dramatic decline. Over the period under review, the exports hit record highs at $X in 2020, and then shrank significantly in the following year.

Exports by Country

Georgia (X tons) and Ukraine (X tons) were the main destinations of titanium dioxide pigments exports from Azerbaijan.

From 2020 to 2021, the biggest increases were recorded for Georgia (with a CAGR of 0.0%).

In value terms, Georgia ($X) and Ukraine ($X) appeared to be the largest markets for titanium dioxide pigments exported from Azerbaijan worldwide.

Among the main countries of destination, Georgia, 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 2021, the average titanium dioxide pigments export price amounted to $X per ton, dropping by -11.7% against the previous year. Over the period under review, the export price saw a abrupt descent. The export price peaked at $X per ton in 2020, and then dropped in the following year.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Georgia amounted to $X per ton.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Pigments Imports

Imports into Azerbaijan

In 2021, purchases abroad of titanium dioxide pigments and colouring preparations decreased by -29.1% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 769%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, titanium dioxide pigments imports declined sharply to $X in 2021. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 965% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and the UK (X tons) were the main suppliers of titanium dioxide pigments imports to Azerbaijan, with a combined 58% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +83.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest titanium dioxide pigments suppliers to Azerbaijan were China ($X), the United Arab Emirates ($X) and Mexico ($X), together comprising 53% of total imports.

The United Arab Emirates, with a CAGR of +122.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average titanium dioxide pigments import price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2017 when the average import price increased by 38%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+30.8%), 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 titanium dioxide pigments and colouring preparations in the world?

The countries with the highest volumes of in 2021 were China, the United States and Russia, with a combined 42% share of global consumption. Germany, Mexico, India, South Korea, Turkey, Japan, Italy, Brazil, Spain and Canada lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of titanium dioxide pigments and colouring preparations in the world?

China remains the largest titanium dioxide pigments producing country worldwide, accounting for 36% of total volume. Moreover, titanium dioxide pigments production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with a 5.6% share.

What are the leading suppliers of titanium dioxide pigments and colouring preparations to Azerbaijan?

In value terms, China, Turkey and Mexico were the largest titanium dioxide pigments suppliers to Azerbaijan, together accounting for 50% of total imports. These countries were followed by the UK, Saudi Arabia, the United Arab Emirates and Germany, which together accounted for a further 33%.

What are the leading importers of titanium dioxide pigments and colouring preparations from Azerbaijan?

In value terms, Georgia and Ukraine were the largest markets for titanium dioxide pigments exported from Azerbaijan worldwide.

What is the average export price for titanium dioxide pigments and colouring preparations in Azerbaijan?

The average titanium dioxide pigments export price stood at $2,738 per ton in 2021, falling by -11.7% against the previous year.

What is the average import price for titanium dioxide pigments and colouring preparations in Azerbaijan?

The average titanium dioxide pigments import price stood at $1,934 per ton in 2021, surging by 55% against the previous year.

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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