Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan - 2024

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan (CIF) - 2022
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan (FOB) - 2022
  3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan
  4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $87,226 per ton, surging by 31% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 403% against the previous year. The import price peaked at $245,332 per ton in 2015; however, from 2016 to 2022, 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 Switzerland ($475,115 per ton), while the price for Turkey ($19,069 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $32,000 per ton in 2022, with a decrease of -99.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 4,181%. The export price peaked at $6,074,526 per ton in 2021, and then declined sharply in the following year.

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 the Netherlands ($143,000 per ton), while the average price for exports to Turkey ($11,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+31.8%).

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan

After two years of decline, purchases abroad of balances; of a sensitivity of 5cg or better, with or without weightses increased by 64% to 3.4 tons in 2022. In general, imports, however, showed a abrupt curtailment.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $272K in 2022. Overall, imports posted a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.030.641.214247.8%
Turkey27.315.212.221.7-7.4%
Poland6.912.118.915.731.5%
United Arab Emirates36.72.98.714.4-26.8%
Philippines15.73.58.013.9-4.0%
Austria9.97.15.012.68.4%
Germany22.520.84.57.1-31.9%
Italy6.22.63.55.0-6.9%
Russia15.06.60.34.3-34.1%
Others67.868.243.135.8-19.2%
Total2521701452722.6%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Azerbaijan in 2022:

  1. China (1411.0 kg)
  2. Turkey (1139.0 kg)
  3. Austria (221.0 kg)
  4. Poland (220.0 kg)
  5. Germany (71.0 kg)
  6. Italy (64.0 kg)
  7. Philippines (50.0 kg)
  8. United Arab Emirates (32.0 kg)
  9. Russia (30.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan

In 2022, approx. 18 kg of balances; of a sensitivity of 5cg or better, with or without weightses were exported from Azerbaijan; picking up by 350% against the year before. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses contracted dramatically to $641 in 2022. In general, exports, however, saw a significant decrease.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Azerbaijan (USD)
COUNTRY20212022CAGR,
2021-2022
IraqN/A4870%
NetherlandsN/A1430%
Turkey19.011.0-42.1%
Russia1,125N/A0%
Romania10.0N/A0%
OthersN/AN/A0%
Total1,154641-44.5%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Azerbaijan in 2022:

  1. Iraq (16.0 kg)
  2. Turkey (1.0 kg)
  3. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Azerbaijan