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Store → Basic Metals → Basic Iron And Steel → Granules and Powders of Pig Iron
Report Azerbaijan - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Azerbaijan - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Pig Iron Articles Market 2023

Pig Iron Articles Market Size in Azerbaijan

In 2021, after three years of growth, there was significant decline in the Azerbaijani pig iron articles market, when its value decreased by -26.1% to $X. Overall, consumption, however, showed temperate growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Pig Iron Articles Exports

Exports from Azerbaijan

In 2014, the amount of granules and powders of pig iron exported from Azerbaijan amounted to X kg, almost unchanged from 2013 figures. Over the period under review, exports recorded a sharp setback. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

In value terms, pig iron articles exports totaled $X in 2014. In general, exports showed a sharp setback. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for pig iron articles exports from Azerbaijan, with a approx. 100% share of total exports.

From 2012 to 2014, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2014, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average pig iron articles export price stood at $X per ton in 2014, almost unchanged from the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2013 a decrease of 99.9%. The export price peaked in 2014 and is likely to continue growth in the immediate term.

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

From 2012 to 2014, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Pig Iron Articles Imports

Imports into Azerbaijan

After three years of growth, purchases abroad of granules and powders of pig iron decreased by -21.1% to X tons in 2021. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 100% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, pig iron articles imports contracted rapidly to $X in 2021. Overall, imports, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2015 with an increase of 138% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest pig iron articles supplier to Azerbaijan, accounting for a 47% share of total imports. Moreover, pig iron articles imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+99.9% per year) and India (+342.2% per year).

In value terms, Russia ($X), Ukraine ($X) and Turkey ($X) appeared to be the largest pig iron articles suppliers to Azerbaijan, together comprising 83% of total imports. India, Sweden and Germany lagged somewhat behind, together comprising a further 13%.

India, with a CAGR of +388.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pig iron articles import price amounted to $X per ton, declining by -9.1% against the previous year. Over the period under review, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 19%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for granules and powders of pig iron in the world?
+
China constituted the country with the largest volume of pig iron articles consumption, comprising approx. 22% of total volume. Moreover, pig iron articles consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The United States ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of granules and powders of pig iron in the world?
+
China remains the largest pig iron articles producing country worldwide, accounting for 22% of total volume. Moreover, pig iron articles production in China exceeded the figures recorded by the second-largest producer, India, twofold. Russia ranked third in terms of total production with a 9.3% share.
What are the leading suppliers of granules and powders of pig iron to Azerbaijan?
+
In value terms, the largest pig iron articles suppliers to Azerbaijan were Russia, Ukraine and Turkey, with a combined 83% share of total imports. These countries were followed by India, Sweden and Germany, which together accounted for a further 13%.
What is the average export price for granules and powders of pig iron in Azerbaijan?
+
The average pig iron articles export price stood at $1,783 per ton in 2014, standing approx. at the previous year.
What is the average import price for granules and powders of pig iron in Azerbaijan?
+
In 2021, the average pig iron articles import price amounted to $1,027 per ton, dropping by -9.1% against the previous year.

This report provides an in-depth analysis of the pig iron articles market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 24101410 - Granules and powders, of pig iron, spiegeleisen, iron or steel
Country coverage:
• Azerbaijan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Azerbaijan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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