Manganese Oxides Price in Azerbaijan - 2023
Contents:
Manganese Oxides Price in Azerbaijan (CIF) - 2022
The average manganese oxides import price stood at $6,289 per ton in 2022, picking up by 44% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 60%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +80.1% per year.
Manganese Oxides Imports in Azerbaijan
After three years of growth, overseas purchases of manganese oxideses decreased by -46% to 25 tons in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 441% against the previous year.
In value terms, manganese oxides imports dropped markedly to $158K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 492%.
| Import of Manganese Oxides in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 50.6 | 108 | 152 | 190.5% |
| Russia | N/A | N/A | 38.9 | N/A | 0% |
| United Kingdom | 4.3 | 0.8 | 2.9 | N/A | -17.9% |
| Netherlands | 4.7 | 49.0 | 49.4 | N/A | 224.2% |
| Turkey | 0.7 | 1.8 | 2.0 | N/A | 69.0% |
| Others | 1.6 | 0.9 | 1.5 | 5.6 | 51.8% |
| Total | 17.4 | 103 | 202 | 158 | 108.6% |
Top Suppliers of Manganese Oxides to Azerbaijan in 2022:
- United States (24.9 tons)
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