Complex Cyanides Price in Azerbaijan - 2023

Contents:

  1. Complex Cyanides Price in Azerbaijan (CIF) - 2022
  2. Complex Cyanides Imports in Azerbaijan

Complex Cyanides Price in Azerbaijan (CIF) - 2022

The average complex cyanides import price stood at $27,500 per ton in 2022, reducing by -59.7% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 562% against the previous year. As a result, import price attained the peak level of $68,167 per ton, and then contracted notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.0% per year.

Complex Cyanides Imports in Azerbaijan

In 2022, approx. 1.6 tons of complex cyanideses were imported into Azerbaijan; picking up by 4,375% against 2021. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides imports skyrocketed to $44K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A44.20%
Germany0.80.32.50.1-50.0%
China2.82.7N/AN/A-3.6%
Others0.20.2N/AN/A0.0%
Total3.83.22.544.3126.7%

Top Suppliers of Complex Cyanides to Azerbaijan in 2022:

  1. Turkey (1609.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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