Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan - 2023

Contents:

  1. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan (CIF) - 2022
  2. Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan (FOB) - 2022
  3. Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan
  4. Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan (CIF) - 2022

The average import price for coal; bituminous, whether or not pulverised, but not agglomerateds stood at $67 per ton in 2022, with a decrease of -49.4% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 170% against the previous year. The import price peaked at $240 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -1.8% per year.

Price for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan (FOB) - 2022

In 2022, the average export price for coal; bituminous, whether or not pulverised, but not agglomerateds amounted to $151 per ton, increasing by 5.7% against the previous year. Over the period under review, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for Georgia amounted to +5.6% per year.

Imports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in supplies from abroad of coal; bituminous, whether or not pulverised, but not agglomerateds, which increased by 98% to 49K tons in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of coal; bituminous, whether or not pulverised, but not agglomerateds stood at $3.3M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.71.10.83.367.7%
Turkey1.51.02.4N/A26.5%
OthersN/A0.2N/AN/A0%
Total2.22.23.33.314.5%

Top Suppliers of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated to Azerbaijan in 2022:

  1. Russia (49.3K tons)

Exports of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan

In 2022, approx. 307 tons of coal; bituminous, whether or not pulverised, but not agglomerateds were exported from Azerbaijan; increasing by 62% against 2021 figures. Over the period under review, total exports indicated significant growth from 2021 to 2022: its volume increased at an average annual rate of +61.9% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of coal; bituminous, whether or not pulverised, but not agglomerateds surged to $46K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated in Azerbaijan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Georgia27.146.370.8%
OthersN/AN/A0%
Total27.146.370.8%

Top Export Markets for Coal; Bituminous, Whether or Not Pulverised, But Not Agglomerated from Azerbaijan in 2022:

  1. Georgia (306.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Coal; bituminous, whether or not pulverised, but not agglomerated - Azerbaijan