Azerbaijan: Lead Market 2022

Lead Market Size in Azerbaijan

The Azerbaijani lead market contracted rapidly to $X in 2021, which is down by -X% against the previous year. Overall, consumption saw a abrupt downturn. Lead consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Lead Production in Azerbaijan

In value terms, lead production dropped to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Lead production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Lead Exports

Exports from Azerbaijan

In 2021, the amount of lead exported from Azerbaijan expanded notably to X tons, growing by X% compared with the year before. In general, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, lead exports surged to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for lead exports from Azerbaijan, accounting for a X% share of total exports. Moreover, lead exports to Turkey exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +X%.

In value terms, Turkey ($X) remains the key foreign market for lead exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +X%.

Export Prices by Country

In 2021, the average lead export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Turkey totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+X%).

Lead Imports

Imports into Azerbaijan

In 2021, supplies from abroad of lead was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a pronounced increase. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, lead imports surged to $X in 2021. In general, imports continue to indicate a abrupt decrease. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) was the main lead supplier to Azerbaijan, accounting for a X% share of total imports. Moreover, lead imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +X%.

In value terms, Russia ($X) constituted the largest supplier of lead to Azerbaijan, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at -X%.

Import Prices by Country

The average lead import price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for Turkey totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%).

Source: IndexBox Platform