Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Azerbaijan - 2024
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Azerbaijan (CIF) - 2024
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Azerbaijan
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Azerbaijan (CIF) - 2024
In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,676 per ton, falling by -11% against the previous month. Overall, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in June 2023 an increase of 152% month-to-month. Over the period under review, average import prices hit record highs at $2,311 per ton in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Sweden ($2,744 per ton), while the price for Russia amounted to $1,565 per ton.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Russia (+11.6%).
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Azerbaijan
In 2022, purchases abroad of alloy steel flat-rolled products, of a width 600mm or mores was finally on the rise to reach 2.5K tons after two years of decline. Overall, imports, however, saw a precipitous descent.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $4.5M in 2022. Over the period under review, imports, however, faced a sharp decline.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.9 | 1.2 | 1.4 | 1.9 | 28.3% |
| Russia | 3.8 | 2.0 | 0.1 | 1.2 | -31.9% |
| Sweden | 0.2 | 0.3 | 0.2 | 0.5 | 35.7% |
| Latvia | N/A | N/A | N/A | 0.3 | 0% |
| Finland | N/A | N/A | N/A | 0.2 | 0% |
| Germany | 8.6 | 2.1 | 0.3 | 0.2 | -71.5% |
| Ukraine | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.3 | 0.4 | 0.1 | 0.2 | -12.6% |
| Total | 14.0 | 6.2 | 2.2 | 4.5 | -31.5% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Azerbaijan in 2022:
- Russia (966.3 tons)
- United Arab Emirates (744.2 tons)
- Sweden (213.4 tons)
- Germany (208.5 tons)
- Latvia (112.0 tons)
- Finland (107.4 tons)
- Ukraine (63.8 tons)
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