Chlorides; of Aluminium Price in Azerbaijan - 2023

Contents:

  1. Chlorides; of Aluminium Price in Azerbaijan (CIF) - 2022
  2. Chlorides; of Aluminium Imports in Azerbaijan

Chlorides; of Aluminium Price in Azerbaijan (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $750 per ton, growing by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 281%. As a result, import price reached the peak level of $3,048 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,517 per ton), while the price for Turkey ($569 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.1%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Aluminium Imports in Azerbaijan

In 2022, the amount of chlorides; of aluminia imported into Azerbaijan shrank to 70 tons, with a decrease of -14.4% against the previous year's figure. In general, imports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 102%.

In value terms, chlorides; of aluminium imports declined slightly to $53K in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 38%.

Import of Chlorides; of Aluminium in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey14.411.929.531.329.5%
China13.67.25.419.913.5%
Russia1.80.50.81.4-8.0%
Belgium159N/AN/AN/A0%
United Arab Emirates17.311.99.1N/A-27.5%
Iran3.76.2N/AN/A67.6%
Netherlands460N/AN/AN/A0%
Others1752.09.8N/A-76.3%
Total84539.754.752.7-60.3%

Top Suppliers of Chlorides; of Aluminium to Azerbaijan in 2022:

  1. Turkey (55.0 tons)
  2. China (13.1 tons)
  3. Russia (2.1 tons)

Source: IndexBox Market Intelligence Platform

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