Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Azerbaijan - 2022
Contents:
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Azerbaijan (CIF) - 2022
- Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Azerbaijan
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Azerbaijan (CIF) - 2022
In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $29,391 per ton, with an increase of 87% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2014 an increase of 112% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
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 Ukraine ($198,000 per ton), while the price for the UK ($4,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+86.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Azerbaijan
For the third year in a row, Azerbaijan recorded decline in purchases abroad of copper; cast, moulded, stamped or forged, but not further worked, which decreased by -96.6% to 23 kg in 2022. Over the period under review, imports faced a precipitous setback. The smallest decline of -4.6% was in 2020.
In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked reduced notably to $676 in 2022. Overall, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of $21K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 0.4 | 0% |
| Turkey | 2.4 | 0.8 | 2.6 | 0.1 | -65.3% |
| United States | 2.1 | 5.5 | 2.6 | 0.1 | -63.8% |
| Germany | 3.4 | 5.2 | 2.9 | 0.1 | -69.1% |
| South Korea | 0.4 | 0.5 | 0.2 | N/A | -29.3% |
| Iran | 0.7 | N/A | N/A | N/A | 0% |
| United Kingdom | 0.1 | 0.7 | N/A | N/A | 600.0% |
| China | 0.3 | 5.4 | 1.8 | N/A | 144.9% |
| Russia | 0.4 | 0.3 | N/A | N/A | -25.0% |
| Singapore | 4.2 | N/A | N/A | N/A | 0% |
| Italy | N/A | 0.6 | 0.5 | N/A | -16.7% |
| Netherlands | N/A | 1.6 | N/A | N/A | 0% |
| Others | 0.2 | 0.8 | N/A | N/A | 300.0% |
| Total | 14.2 | 21.3 | 10.6 | 0.7 | -63.3% |
Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Azerbaijan in 2022:
- Turkey (12.0 kg)
- Ukraine (2.0 kg)
- Germany (2.0 kg)
- China (2.0 kg)
- Italy (1.0 kg)
- United States (1.0 kg)
- United Kingdom (1.0 kg)
- South Korea (1.0 kg)
- Russia (1.0 kg)
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