Price for Steel, Alloy; Semi-Finished Products in Azerbaijan - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Azerbaijan (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Azerbaijan
Price for Steel, Alloy; Semi-Finished Products in Azerbaijan (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $2,082 per ton, dropping by -15.6% against the previous year. Overall, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 125%. As a result, import price reached the peak level of $2,468 per ton, and then dropped rapidly in the following year.
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 Turkey ($4,895 per ton), while the price for Russia ($1,252 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Alloy; Semi-Finished Products in Azerbaijan
Steel, alloy; semi-finished products imports into Azerbaijan fell sharply to 54 tons in 2022, with a decrease of -30% on 2021 figures. Over the period under review, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 146%.
In value terms, steel, alloy; semi-finished products imports fell significantly to $111K in 2022. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 455% against the previous year. As a result, imports reached the peak of $189K, and then dropped markedly in the following year.
| Import of Steel, Alloy; Semi-Finished Products in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 52.9 | 12.8 | 46.0 | 43.9 | -6.0% |
| Germany | N/A | 3.7 | 30.7 | 34.0 | 203.1% |
| Russia | 77.0 | 14.9 | 42.5 | 22.2 | -33.9% |
| Turkey | 1.4 | 2.1 | 4.8 | 7.6 | 75.7% |
| Others | 14.6 | 0.5 | 64.9 | 3.8 | -36.2% |
| Total | 146 | 34.0 | 189 | 111 | -8.7% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Azerbaijan in 2022:
- United Kingdom (25.8 tons)
- Russia (17.7 tons)
- Germany (7.7 tons)
- Turkey (1.5 tons)
497
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Azerbaijan.
4690
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
215
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2368
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
766
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1072
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
805
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
765
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
