Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan - 2024
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $27,328 per ton, growing by 17% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 171%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Sweden ($163,289 per ton), while the price for Iran ($4,697 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan (FOB) - 2022
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $45,571 per ton in 2021, dropping by -56% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 a decrease of -15.1%. The export price peaked at $254,625 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($62,000 per ton), while the average price for exports to Georgia ($11,000 per ton) was amongst the lowest.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+76.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan
Imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into Azerbaijan skyrocketed to 2.2 tons in 2022, jumping by 46% on 2021 figures. Over the period under review, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 260%. As a result, imports reached the peak of 9.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded surged to $59K in 2022. Overall, imports recorded a relatively flat trend pattern.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 11.5 | 73.0 | 10.4 | 17.1 | 14.1% |
| Germany | 8.2 | 1.5 | 1.3 | 10.5 | 8.6% |
| Sweden | 0.5 | 0.4 | 0.3 | 7.3 | 144.4% |
| Belgium | N/A | N/A | 1.9 | 4.4 | 131.6% |
| Russia | 4.1 | 2.0 | 10.2 | 2.2 | -18.7% |
| Iran | N/A | N/A | N/A | 0.7 | 0% |
| Others | 33.9 | 16.7 | 10.8 | 16.9 | -20.7% |
| Total | 58.1 | 93.6 | 34.9 | 59.2 | 0.6% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Azerbaijan in 2022:
- Turkey (1414.0 kg)
- Belgium (216.0 kg)
- Germany (185.0 kg)
- Iran (152.0 kg)
- Sweden (45.0 kg)
- Russia (45.0 kg)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan
In 2021, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded from Azerbaijan reduced remarkably to 7 kg, which is down by -61.1% against the previous year's figure. Over the period under review, exports faced a sharp contraction.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded dropped significantly to $319 in 2021. Overall, exports faced a dramatic decline.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Russia | 0.3 | 0.2 | 0.2 | -18.4% | |
| Oman | N/A | N/A | 0.1 | 0% | |
| United States | 0.2 | 0.1 | 0.1 | -29.3% | |
| Norway | 0.5 | N/A | N/A | 0% | |
| United Arab Emirates | 7.3 | 1.5 | N/A | -79.5% | |
| Georgia | N/A | N/A | N/A | 0% | |
| Canada | 10.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 18.5 | 1.9 | 0.3 | -87.3% | |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Azerbaijan in 2022:
- Russia (3.0 kg)
- United States (2.0 kg)
- Oman (1.0 kg)
- Georgia (1.0 kg)
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