Price for Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan
Price for Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $348 per ton in 2022, growing by 25% against the previous year. Overall, the import price enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2019 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
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 Italy ($1,994 per ton), while the price for Kazakhstan ($112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan (FOB) - 2022
In 2021, the average export price for monumental or building stone, other than granite and sandstone amounted to $123 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 34%. The export price peaked at $309 per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to 0.0% per year.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan
In 2022, after three years of growth, there was significant decline in purchases abroad of monumental or building stone, other than granite and sandstone, when their volume decreased by -36.2% to 3.7K tons. In general, imports saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 5.9K tons, and then dropped rapidly in the following year.
In value terms, imports of monumental or building stone, other than granite and sandstone shrank sharply to $1.3M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 36%.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 783 | 1,148 | 1,402 | 1,026 | 9.4% |
| Russia | 41.7 | 18.4 | 63.8 | 73.9 | 21.0% |
| Turkey | 76.0 | 75.1 | 9.9 | 52.0 | -11.9% |
| India | 14.6 | 12.8 | 54.9 | 47.3 | 48.0% |
| Georgia | 7.9 | 10.8 | 13.5 | 22.9 | 42.6% |
| Kazakhstan | N/A | N/A | N/A | 7.3 | 0% |
| Others | 46.9 | 49.4 | 91.3 | 71.2 | 14.9% |
| Total | 970 | 1,315 | 1,635 | 1,301 | 10.3% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Azerbaijan in 2022:
- Ukraine (2788.3 tons)
- Russia (298.0 tons)
- India (231.9 tons)
- Turkey (115.6 tons)
- Georgia (114.1 tons)
- Kazakhstan (65.3 tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan
In 2022, approx. 93 tons of monumental or building stone, other than granite and sandstone were exported from Azerbaijan; rising by 279% on 2021. Overall, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of monumental or building stone, other than granite and sandstone soared to $12K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Monumental or Building Stone, Other than Granite and Sandstone in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Russia | 1.7 | 1.7 | 1.7 | 0.0% | |
| Others | 2.7 | -1.7 | 1.3 | -30.6% | |
| Total | 4.4 | N/A | 3.0 | -17.4% | |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Azerbaijan in 2022:
- Russia (49.8 tons)
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