Key Market Indicators
Demand for polyurethane in Azerbaijan is projected to grow 2.7% annually to reach 1.25 million kilograms by 2026. Since 2001, the country has seen an average annual growth rate of 5.9%. In 2021, Azerbaijan ranked 84th out of all countries with 1.05 million kilograms. Nepal, India, Germany, and Iran ranked ahead of Azerbaijan. In 2018, Azerbaijani polyurethane exports dropped 99.5% to 610 kilograms compared to 2017. The country was ranked 97th, with Malta coming in ahead at 2.85 kilograms. China, Italy, and the United States ranked 2nd, 3rd, and 4th, respectively.
