Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan - 2024
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,299 per ton, surging by 9.1% against the previous year. Overall, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 216% against the previous year. As a result, import price reached the peak level of $2,988 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Georgia ($8,144 per ton), while the price for Turkey ($954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+50.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $2,096 per ton, leveling off at the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 6,438%. As a result, the export price reached the peak level of $42,500 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan
In 2022, after three years of growth, there was significant decline in supplies from abroad of steel alloy wire of materials other than silico-manganese steels, when their volume decreased by -74.5% to 457 tons. Overall, imports, however, continue to indicate a mild increase. The pace of growth was the most pronounced in 2020 with an increase of 203%.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels plummeted to $594K in 2022. Over the period under review, imports, however, saw moderate growth. The pace of growth appeared the most rapid in 2020 with an increase of 135%.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 253 | 807 | 1,264 | 365 | 13.0% |
| United Arab Emirates | N/A | 20.2 | 142 | 55.4 | 65.6% |
| Czech Republic | 66.5 | 148 | 200 | 54.0 | -6.7% |
| Netherlands | 82.0 | 152 | 184 | 44.6 | -18.4% |
| Italy | 35.7 | 37.1 | 71.6 | 27.7 | -8.1% |
| Brazil | N/A | N/A | 140 | N/A | 0% |
| Others | 85.0 | 63.3 | 136 | 46.7 | -18.1% |
| Total | 522 | 1,228 | 2,138 | 594 | 4.4% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Azerbaijan in 2022:
- Turkey (382.9 tons)
- Netherlands (21.8 tons)
- Czech Republic (21.3 tons)
- Italy (8.2 tons)
- United Arab Emirates (8.2 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan
After two years of decline, overseas shipments of steel alloy wire of materials other than silico-manganese steels decreased by 0% to 6 kg in 2022. In general, exports recorded a strong increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels amounted to $13 in 2022. Over the period under review, exports recorded a sharp downturn. The smallest decline of 99.9% was in 2020.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | N/A | N/A | N/A | 13.0 | 0% |
| Netherlands | 28.0 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 142 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 170 | N/A | N/A | 13.0 | -57.6% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Azerbaijan in 2022:
- Georgia (6.0 kg)
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