Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan - 2024

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan (CIF) - 2022

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $4,567 per ton, jumping by 195% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($3,775 per ton), while the price for China ($770 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.2%), while the prices for the other major suppliers experienced a decline.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan (FOB) - 2022

In 2021, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $43,600 per ton, remaining relatively unchanged against the previous year. Overall, the export price posted a significant increase. The growth pace was the most rapid in 2015 an increase of 33% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2013 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +4.5% per year.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan

For the third year in a row, Azerbaijan recorded decline in purchases abroad of tubes, pipes and hollow profiles, of cast iron, which decreased by -28.3% to 129 tons in 2022. Over the period under review, imports recorded a precipitous contraction. The smallest decline of -10.9% was in 2020.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron declined remarkably to $217K in 2022. Overall, imports showed a drastic downturn. The smallest decline of -12.2% was in 2020.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Azerbaijan in 2022:

1. United Arab Emirates (69.3 tons)
2. Austria (32.6 tons)
3. China (16.6 tons)
4. Turkey (7.3 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Azerbaijan

In 2021, approx. 170 kg of tubes, pipes and hollow profiles, of cast iron were exported from Azerbaijan; almost unchanged from the year before. Overall, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2020.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron totaled $218 in 2021. Over the period under review, exports recorded a sharp setback. The smallest decline of 99.9% was in 2020.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Azerbaijan in 2022:

1. Kazakhstan (169.0 kg)

Source: IndexBox Market Intelligence Platform