Azerbaijan"s chemical industry is witnessing significant activity in the phosphoric acid segment, a critical component used in various industrial applications. In 2024, the import data reveals an intricate picture of trade volumes and pricing dynamics, highlighting Azerbaijan"s growing dependency on this essential chemical. The import data for 2024 shows substantial quantities of phosphoric acid entering Azerbaijan, with the largest shipment being 168,332. 572 kg valued at $258,724. 02. This represents a substantial portion of the total import volume, indicating a strong demand for large-scale industrial use. Smaller quantities, such as those around 11. 3 kg at approximately $129.

13, suggest diversified sourcing strategies to meet varied industrial requirements. Price variations across different shipment sizes are notable. For instance, while bulk imports like the ones over 100,000 kg have a price averaging close to $1. 50 per kg, smaller quantities reflect higher per unit costs due to logistics and handling, highlighting the economies of scale in bulk purchasing. Overall, the price trends for phosphoric acid appear stable with slight fluctuations, primarily influenced by global supply chains and Azerbaijan"s domestic demand. The consistency in high-volume imports underscores the country"s strategic move to stabilize its industrial chemical supply. For businesses looking to expand in Azerbaijan"s chemicals market, understanding these trends is crucial. Access to reliable supplier contacts and efficient market entry strategies will be fundamental.

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