Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $4,160 per ton, surging by 6.5% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 57% against the previous year. The import price peaked at $9,590 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($8,159 per ton), while the price for Iran ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $1,944 per ton in 2022, approximately equating the previous year. Overall, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 a decrease of -41.8% against the previous year. The export price peaked at $2,381 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +10.5% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses imported into Azerbaijan was estimated at 53 tons, picking up by 3.4% compared with the year before. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $220K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 35.7 | 52.2 | 70.8 | 55.6% |
| Iran | 5.9 | 9.3 | 41.3 | 70.5 | 128.6% |
| Turkey | 28.1 | 20.5 | 27.1 | 38.6 | 11.2% |
| Germany | 28.7 | 3.0 | 19.5 | 29.1 | 0.5% |
| United Arab Emirates | 19.1 | 14.3 | 32.2 | N/A | 29.8% |
| Others | 12.1 | 15.8 | 27.4 | 10.9 | -3.4% |
| Total | 113 | 98.7 | 200 | 220 | 24.9% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Azerbaijan in 2022:
- Iran (23.5 tons)
- China (20.1 tons)
- Turkey (4.7 tons)
- Germany (3.7 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan
Exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses from Azerbaijan was estimated at 18 kg in 2022, approximately reflecting 2021 figures. Overall, exports faced a precipitous slump. The smallest decline of 99.9% was in 2021.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses totaled $35 in 2022. In general, exports faced a significant decline. The smallest decline of 99.9% was in 2021.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Russia | 70.0 | N/A | 35.0 | -29.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 70.0 | N/A | 35.0 | -29.3% | |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Azerbaijan in 2022:
- Russia (18.0 kg)
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