Quartzite Price in Azerbaijan - 2023

Contents:

  1. Quartzite Price in Azerbaijan (CIF) - 2022
  2. Quartzite Imports in Azerbaijan

Quartzite Price in Azerbaijan (CIF) - 2022

The average quartzite import price stood at $103 per ton in 2022, with an increase of 14% against the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 59% against the previous year. The import price peaked at $227 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 India ($351 per ton), while the price for Spain ($9.3 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Imports in Azerbaijan

In 2022, overseas purchases of quartzite decreased by -31.9% to 15K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 60%. As a result, imports reached the peak of 24K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, quartzite imports dropped dramatically to $1.5M in 2022. In general, imports saw a slight curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 31%. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Quartzite in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9611,2681,179897-2.3%
Italy2092862752171.3%
India79.111912510810.9%
Iran11112411999.7-3.5%
Spain13815311976.2-18.0%
Turkey46.164.563.551.33.6%
Others50.473.976.965.89.3%
Total1,5942,0871,9581,516-1.7%

Top Suppliers of Quartzite to Azerbaijan in 2022:

  1. Spain (8.2K tons)
  2. China (3.7K tons)
  3. Iran (1.2K tons)
  4. Italy (0.9K tons)
  5. Turkey (0.3K tons)
  6. India (0.3K tons)

Source: IndexBox Market Intelligence Platform

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