Price for Cyanides, Cyanide Oxides and Complex Cyanides in Azerbaijan - 2023

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Azerbaijan (CIF) - 2022
  2. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Azerbaijan

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Azerbaijan (CIF) - 2022

In 2022, the average import price for cyanides, cyanide oxides and complex cyanideses amounted to $2,762 per ton, increasing by 8% against the previous year. In general, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $3,850 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.8% per year.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Azerbaijan

Imports of cyanides, cyanide oxides and complex cyanideses into Azerbaijan shrank notably to 2.4K tons in 2022, reducing by -50.7% against the previous year's figure. Over the period under review, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 when imports increased by 150% against the previous year. As a result, imports reached the peak of 4.9K tons, and then dropped markedly in the following year.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses shrank remarkably to $6.7M in 2022. In general, imports, however, recorded measured growth. The most prominent rate of growth was recorded in 2021 when imports increased by 166%. As a result, imports reached the peak of $12M, and then contracted remarkably in the following year.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia4.24.712.46.515.7%
Russia1.4N/AN/AN/A0%
Czech Republic0.5N/AN/AN/A0%
OthersN/AN/A0.10.10.0%
Total6.14.712.56.73.2%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Azerbaijan in 2022:

  1. Georgia (2.4K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cyanides, Cyanide Oxides And Complex Cyanides - Azerbaijan