Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan - 2023
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan (FOB) - 2023
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan (CIF) - 2022
In 2022, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $5,056 per ton, rising by 28% against the previous year. In general, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2015 an increase of 136%. As a result, import price attained the peak level of $5,807 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($14,078 per ton), while the price for China ($4,173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan (FOB) - 2023
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $3,366 per ton in December 2023, declining by -20.2% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 32% m-o-m. As a result, the export price attained the peak level of $4,216 per ton, and then shrank markedly in the following month.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Georgia ($15,528 per ton), while the average price for exports to Tajikistan ($2,500 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan
Imports of aluminium; alloys, bars, rods and profiles, other than hollows into Azerbaijan stood at 2.6K tons in 2022, therefore, remained relatively stable against the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 8.3%. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $13M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.7 | 7.1 | 7.0 | 9.4 | 6.9% |
| China | 0.6 | 0.9 | 1.7 | 2.5 | 60.9% |
| Russia | 1.6 | 1.2 | 1.0 | 0.4 | -37.0% |
| Germany | 0.4 | 0.5 | 0.2 | 0.2 | -20.6% |
| Others | 0.2 | 0.3 | 0.1 | 0.3 | 14.5% |
| Total | 10.4 | 10.0 | 10.0 | 12.9 | 7.4% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Azerbaijan in 2022:
- Turkey (1817.1 tons)
- China (609.8 tons)
- Russia (54.5 tons)
- Germany (32.0 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan
In 2022, shipments abroad of aluminium; alloys, bars, rods and profiles, other than hollows was finally on the rise to reach 169 tons after two years of decline. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $628K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 73.7 | 19.5 | 239 | 80.1% |
| Kazakhstan | N/A | N/A | 38.3 | 173 | 351.7% |
| Turkey | 38.4 | N/A | 8.5 | 85.0 | 30.3% |
| Austria | N/A | N/A | N/A | 71.5 | 0% |
| Uzbekistan | N/A | 95.8 | 0.4 | 50.4 | -27.5% |
| Sweden | N/A | N/A | 63.4 | N/A | 0% |
| Poland | 47.6 | N/A | N/A | N/A | 0% |
| Denmark | 202 | N/A | N/A | N/A | 0% |
| Others | 8.1 | 0.2 | 10.5 | 8.8 | 2.8% |
| Total | 296 | 170 | 141 | 628 | 28.5% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Azerbaijan in 2022:
- Ukraine (57.6 tons)
- Kazakhstan (42.6 tons)
- Turkey (28.7 tons)
- Austria (20.1 tons)
- Uzbekistan (18.7 tons)
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