Azerbaijan - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Alloy Aluminium Bar Price in Azerbaijan - 2023
Contents:
- Non-Alloy Aluminium Bar Price in Azerbaijan (CIF) - 2022
- Non-Alloy Aluminium Bar Price in Azerbaijan (FOB) - 2022
- Non-Alloy Aluminium Bar Imports in Azerbaijan
- Non-Alloy Aluminium Bar Exports in Azerbaijan
Non-Alloy Aluminium Bar Price in Azerbaijan (CIF) - 2022
In 2022, the average non-alloy aluminium bar import price amounted to $4,539 per ton, rising by 10% against the previous year. Over the period under review, the import price posted a pronounced increase. The most prominent rate of growth was recorded in 2014 an increase of 172% against the previous year. The import price peaked at $6,113 per ton in 2015; however, from 2016 to 2022, 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 the Netherlands ($36,863 per ton), while the price for Turkey ($2,975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Aluminium Bar Price in Azerbaijan (FOB) - 2022
In 2022, the average non-alloy aluminium bar export price amounted to $1,932 per ton, falling by -8% against the previous year. Over the period under review, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 5% against the previous year. As a result, the export price attained the peak level of $2,823 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($2,847 per ton), while the average price for exports to Russia totaled $1,529 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.4%), while the prices for the other major destinations experienced a decline.
Non-Alloy Aluminium Bar Imports in Azerbaijan
In 2022, the amount of non-alloy aluminium bars, rods and profiles imported into Azerbaijan surged to 204 tons, picking up by 22% on the year before. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of 215 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-alloy aluminium bar imports surged to $928K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Alloy Aluminium Bar in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 277 | 312 | 330 | 490 | 20.9% |
| Netherlands | 111 | 167 | 167 | 226 | 26.7% |
| Russia | 76.4 | 106 | 88.2 | 100 | 9.4% |
| China | 15.5 | 14.7 | 55.2 | 62.8 | 59.4% |
| Iran | 5.4 | 13.3 | 17.8 | 20.2 | 55.2% |
| Others | 57.3 | 23.5 | 33.7 | 27.6 | -21.6% |
| Total | 543 | 636 | 691 | 928 | 19.6% |
Top Suppliers of Non-Alloy Aluminium Bar to Azerbaijan in 2022:
- Turkey (164.9 tons)
- Russia (20.5 tons)
- China (6.6 tons)
- Netherlands (6.1 tons)
- Iran (5.6 tons)
Non-Alloy Aluminium Bar Exports in Azerbaijan
Non-alloy aluminium bar exports from Azerbaijan rose notably to 27 tons in 2022, with an increase of 11% on the previous year's figure. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, non-alloy aluminium bar exports expanded slightly to $52K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 100%. As a result, the exports attained the peak of $53K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Alloy Aluminium Bar in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 21.1 | 1.0 | 25.1 | 28.3 | 10.3% |
| Turkey | 5.3 | 2.2 | 25.3 | 23.2 | 63.6% |
| Kazakhstan | N/A | 44.5 | N/A | N/A | 0% |
| Others | N/A | 5.0 | N/A | N/A | 0% |
| Total | 26.4 | 52.7 | 50.4 | 51.5 | 24.9% |
Top Export Markets for Non-Alloy Aluminium Bar from Azerbaijan in 2022:
- Russia (18.5 tons)
- Turkey (8.2 tons)
This report provides an in-depth analysis of the non-alloy aluminium bar market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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