Sulphites; Thiosulphates Price in Azerbaijan - 2023
Contents:
- Sulphites; Thiosulphates Price in Azerbaijan (CIF) - 2022
- Sulphites; Thiosulphates Imports in Azerbaijan
Sulphites; Thiosulphates Price in Azerbaijan (CIF) - 2022
The average sulphites; thiosulphates import price stood at $1,531 per ton in 2022, with an increase of 82% against the previous year. Overall, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($17,000 per ton), while the price for Iran ($835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Imports in Azerbaijan
In 2022, the amount of sulphites; thiosulphateses imported into Azerbaijan reduced sharply to 255 tons, shrinking by -50% against the year before. Overall, imports faced a precipitous descent. The smallest decline of -7.3% was in 2020.
In value terms, sulphites; thiosulphates imports shrank to $390K in 2022. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 4.1% against the previous year. As a result, imports attained the peak of $707K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphites; Thiosulphates in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 220 | 160 | 62.2 | 159 | -10.3% |
| Germany | 338 | 331 | 234 | 92.4 | -35.1% |
| Italy | 23.4 | 7.6 | 2.7 | 89.0 | 56.1% |
| China | 20.4 | 72.4 | 14.2 | 23.0 | 4.1% |
| Belarus | 6.8 | 14.4 | 7.0 | 10.1 | 14.1% |
| United Kingdom | 18.6 | 35.9 | 16.3 | 0.2 | -77.9% |
| United Arab Emirates | 41.4 | 64.2 | 58.5 | N/A | 18.9% |
| Others | 10.1 | 21.2 | 33.7 | 16.2 | 17.1% |
| Total | 679 | 707 | 429 | 390 | -16.9% |
Top Suppliers of Sulphites; Thiosulphates to Azerbaijan in 2022:
- Turkey (83.1 tons)
- Germany (68.5 tons)
- Italy (57.8 tons)
- China (25.5 tons)
- Belarus (12.0 tons)
- United Kingdom (0.1 tons)
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