Price for Railway or Tramway Track Constructions of Iron or Steel in Azerbaijan - 2024

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Azerbaijan (CIF) - 2022
  2. Imports of Railway or Tramway Track Constructions of Iron or Steel in Azerbaijan

Price for Railway or Tramway Track Constructions of Iron or Steel in Azerbaijan (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,117 per ton in 2022, falling by -13.7% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $1,544 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,773 per ton), while the price for Russia ($1,071 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Azerbaijan

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Azerbaijan soared to 31K tons, with an increase of 405% compared with the previous year. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $34M in 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia17.74.90.521.97.4%
KazakhstanN/AN/A4.28.7107.1%
ChinaN/AN/AN/A1.80%
Turkey0.10.22.81.5146.6%
Ukraine2.4N/A0.3N/A-64.6%
Others0.50.1N/A0.3-15.7%
Total20.75.27.934.218.2%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Azerbaijan in 2022:

  1. Russia (20.5K tons)
  2. Kazakhstan (8.1K tons)
  3. China (1.2K tons)
  4. Turkey (0.8K tons)

Source: IndexBox Market Intelligence Platform

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