Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $6,962 per ton, declining by -72.7% against the previous year. In general, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 149%. As a result, import price reached the peak level of $25,479 per ton, and then reduced remarkably 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 the UK ($49,239 per ton), while the price for Turkey ($2,134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $830 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the export price, however, showed a precipitous descent. Over the period under review, the average export prices reached the peak figure at $10,018 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($1,246 per ton), while the average price for exports to Turkey ($469 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+16.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan
In 2022, purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia was finally on the rise to reach 95 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped dramatically to $663K in 2022. In general, imports, however, recorded a mild descent. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of $2.2M, and then dropped markedly in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 225 | 220 | 70.3 | 252 | 3.8% |
| China | 18.9 | 5.6 | 2.6 | 212 | 123.9% |
| United Kingdom | 0.4 | 0.8 | 1,536 | 76.8 | 476.9% |
| Russia | 141 | 240 | 20.8 | 25.0 | -43.8% |
| Austria | 67.1 | 0.5 | 119 | 21.4 | -31.7% |
| Turkey | 67.7 | 14.6 | 5.8 | 16.9 | -37.0% |
| France | 25.8 | 51.0 | 275 | 8.1 | -32.0% |
| Spain | 56.0 | 133 | 37.6 | 1.7 | -68.8% |
| Others | 85.3 | 512 | 161 | 49.5 | -16.6% |
| Total | 687 | 1,177 | 2,227 | 663 | -1.2% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Azerbaijan in 2022:
- China (40.6 tons)
- India (32.7 tons)
- Turkey (7.9 tons)
- Russia (6.9 tons)
- Austria (2.4 tons)
- United Kingdom (1.6 tons)
- France (0.5 tons)
- Spain (0.1 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan
In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Azerbaijan reduced sharply to 438 tons, dropping by -18.6% compared with 2021. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 282% against the previous year. As a result, the exports reached the peak of 538 tons, and then dropped dramatically in the following year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia totaled $364K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 287%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 5.6 | 75.6 | 306 | 258 | 258.5% |
| Georgia | 30.6 | N/A | N/A | 80.7 | 38.2% |
| Turkey | 39.0 | N/A | 6.0 | 20.6 | -19.2% |
| Spain | 52.0 | N/A | N/A | N/A | 0% |
| Netherlands | 53.2 | 11.6 | 10.2 | N/A | -56.2% |
| Others | 21.5 | N/A | 15.0 | 4.2 | -42.0% |
| Total | 202 | 87.2 | 337 | 364 | 21.7% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Azerbaijan in 2022:
- Iran (325.9 tons)
- Georgia (64.8 tons)
- Turkey (43.9 tons)
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