Ferro-Alloys; Ferro-Vanadium Price in Azerbaijan - 2022
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Azerbaijan (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Azerbaijan
Ferro-Alloys; Ferro-Vanadium Price in Azerbaijan (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $36,364 per ton, reducing by -3% against the previous year. Over the period under review, the import price faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. Over the period under review, average import prices reached the maximum at $119,820 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2018 to 2022, the rate of growth in terms of prices for Turkey amounted to -25.8% per year.
Ferro-Alloys; Ferro-Vanadium Imports in Azerbaijan
In 2022, ferro-alloys; ferro-vanadium imports into Azerbaijan fell significantly to 354 kg, waning by -41.8% compared with the year before. Overall, imports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 508%. As a result, imports attained the peak of 608 kg, and then declined sharply in the following year.
In value terms, ferro-alloys; ferro-vanadium imports declined sharply to $13K in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 671%. As a result, imports reached the peak of $23K, and then fell dramatically in the following year.
| Import of Ferro-Alloys; Ferro-Vanadium in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.5 | 3.0 | 10.9 | 12.9 | -9.7% |
| United Arab Emirates | N/A | N/A | 11.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.5 | 3.0 | 22.8 | 12.9 | -9.7% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Azerbaijan in 2022:
- Turkey (354.0 kg)
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This report provides an in-depth analysis of the ferro-alloys market in Azerbaijan.
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This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Azerbaijan.
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This report provides an in-depth analysis of the ferro-chromium market in Azerbaijan.
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This report provides an in-depth analysis of the ferro-silicon market in Azerbaijan.
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This report provides an in-depth analysis of the ferro-manganese market in Azerbaijan.
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This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Azerbaijan.
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This report provides an in-depth analysis of the ferro-silico-manganese market in Azerbaijan.
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This report provides an in-depth analysis of the ferro-molybdenum market in Azerbaijan.
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This report provides an in-depth analysis of the global ferro-alloys market.
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This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
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China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
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The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
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Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
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The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
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Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
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Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
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Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
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Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
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Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
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In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
