Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan - 2023

Contents:

1. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan (CIF) - 2022
2. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan (FOB) - 2022
3. Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan
4. Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan (CIF) - 2022

The average import price for carbonaceous pastes for electrodes and furnace linings stood at $1,168 per ton in 2022, jumping by 45% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 84%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($1,199 per ton), while the price for Albania amounted to $1,162 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan (FOB) - 2022

In 2022, the average export price for carbonaceous pastes for electrodes and furnace linings amounted to $52,125 per ton, flattening at the previous year. In general, the export price saw a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2020 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan

In 2022, overseas purchases of carbonaceous pastes for electrodes and furnace linings increased by 0.2% to 753 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt curtailment.

In value terms, imports of carbonaceous pastes for electrodes and furnace linings soared to $879K in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to Azerbaijan in 2022:

1. Albania (665.8 tons)
2. Ukraine (85.8 tons)

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Azerbaijan

In 2022, the amount of carbonaceous pastes for electrodes and furnace linings exported from Azerbaijan totaled 8 kg, approximately equating the previous year. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2021.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings stood at $417 in 2022. In general, exports showed a sharp decline. The smallest decline of 99.9% was in 2021.

Top Export Markets for Carbonaceous Pastes for Electrodes and Furnace Linings from Azerbaijan in 2022:

1. United Arab Emirates (8.0 kg)

Source: IndexBox Market Intelligence Platform