Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Azerbaijan - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Azerbaijan (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Azerbaijan
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Azerbaijan (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $5,214 per ton in 2022, growing by 57% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,335 per ton), while the price for India totaled $5,110 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced a decline.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Azerbaijan
In 2022, approx. 279 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Azerbaijan; rising by 53% compared with 2021 figures. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 218% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $1.5M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 250%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 766 | 0% |
| China | 120 | 66.5 | 303 | 689 | 79.1% |
| Russia | 5.2 | 1.8 | 29.1 | N/A | 136.6% |
| Germany | 58.2 | 45.3 | 68.0 | N/A | 8.1% |
| Iran | N/A | N/A | 156 | N/A | 0% |
| Netherlands | 31.2 | 11.5 | 16.9 | N/A | -26.4% |
| Turkey | 37.5 | 48.4 | 34.1 | N/A | -4.6% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 253 | 174 | 607 | 1,456 | 79.2% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Azerbaijan in 2022:
- India (150.0 tons)
- China (129.2 tons)
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