Price for Metals; Silver, Unwrought, (But Not Powder) in Azerbaijan - 2023

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Azerbaijan (FOB) - 2023
  2. Exports of Metals; Silver, Unwrought, (But Not Powder) in Azerbaijan

Price for Metals; Silver, Unwrought, (But Not Powder) in Azerbaijan (FOB) - 2023

The average export price for metals; silver, unwrought, (but not powder) stood at $804K per ton in December 2023, rising by 8.9% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 11% month-to-month. Over the period under review, the average export prices attained the maximum in December 2023.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Switzerland amounted to +0.6% per month.

Exports of Metals; Silver, Unwrought, (But Not Powder) in Azerbaijan

Exports of metals; silver, unwrought, (but not powder) from Azerbaijan surged to 5.4 tons in 2022, rising by 83% against 2021 figures. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; silver, unwrought, (but not powder) surged to $3.8M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metals; Silver, Unwrought, (But Not Powder) in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1.72.22.13.830.8%
TurkeyN/A0.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total1.72.32.23.830.8%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Azerbaijan in 2022:

  1. Switzerland (5.4 tons)

Source: IndexBox Market Intelligence Platform

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