Report Update Nov 1, 2024

Azerbaijan - Unsaturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Azerbaijan

In 2021, the Azerbaijani unsaturated acyclic hydrocarbons market increased by 3.4% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +10.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Unsaturated Acyclic Hydrocarbons Production in Azerbaijan

In value terms, unsaturated acyclic hydrocarbons production declined slightly to $X in 2021 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +10.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.5% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 36% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports from Azerbaijan

Unsaturated acyclic hydrocarbons exports from Azerbaijan totaled X kg in 2016, approximately reflecting the year before. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2016 and are likely to see steady growth in the near future.

In value terms, unsaturated acyclic hydrocarbons exports stood at $X in 2016. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2016 and are expected to retain growth in the near future.

Exports by Country

Norway (X kg) was the main destination for unsaturated acyclic hydrocarbons exports from Azerbaijan, with a approx. 100% share of total exports.

From 2016 to 2016, the average annual rate of growth in terms of volume to Norway was relatively modest.

From 2016 to 2016, the average annual rate of growth in terms of value to Norway was relatively modest.

Unsaturated Acyclic Hydrocarbons Imports

Imports into Azerbaijan

In 2021, approx. X tons of unsaturated acyclic hydrocarbons were imported into Azerbaijan; jumping by 171% on the previous year. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 2,079% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, unsaturated acyclic hydrocarbons imports surged to $X in 2021. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2019 with an increase of 2,444%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of unsaturated acyclic hydrocarbons to Azerbaijan, with a 2.1% share of total imports. Moreover, unsaturated acyclic hydrocarbons imports from Belgium exceeded the figures recorded by the second-largest supplier, Iran (X tons), twofold. The UK (X tons) ranked third in terms of total imports with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+51.5% per year) and the UK (+87.8% per year).

In value terms, the largest unsaturated acyclic hydrocarbons suppliers to Azerbaijan were Iran ($X), Belgium ($X) and the UK ($X), together comprising 8% of total imports.

Among the main suppliers, the UK, with a CAGR of +93.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, declining by -56.8% against the previous year. Over the period under review, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 35%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unsaturated acyclic hydrocarbons in the world?

China constituted the country with the largest volume of unsaturated acyclic hydrocarbons consumption, comprising approx. 22% of total volume. Moreover, unsaturated acyclic hydrocarbons consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Belgium, with a 7.1% share.

What are the largest producers of unsaturated acyclic hydrocarbons in the world?

The countries with the highest volumes of unsaturated acyclic hydrocarbons production in 2021 were China, the United States and Iran, together accounting for 42% of global production.

What are the leading suppliers of unsaturated acyclic hydrocarbons to Azerbaijan?

In value terms, Belgium constituted the largest supplier of unsaturated acyclic hydrocarbons to Azerbaijan.

What is the average export price for unsaturated acyclic hydrocarbons in Azerbaijan?

In 2016, the average unsaturated acyclic hydrocarbons export price amounted to $18,986 per ton, approximately mirroring the previous year.

What is the average import price for unsaturated acyclic hydrocarbons in Azerbaijan?

In 2021, the average unsaturated acyclic hydrocarbons import price amounted to $3,643 per ton, growing by 4.3% against the previous year.

This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons 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 20141190 - Unsaturated acyclic hydrocarbons (excluding ethylene, p ropene, butene, buta-1,3-diene and isoprene)

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