Mullite Price in Azerbaijan - 2023
Contents:
Mullite Price in Azerbaijan (CIF) - 2022
In 2022, the average mullite import price amounted to $1,105 per ton, picking up by 34% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mullite import price increased by +89.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 41%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +26.4% per year.
Mullite Imports in Azerbaijan
In 2022, supplies from abroad of mullites decreased by -46.6% to 24 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 337%. As a result, imports attained the peak of 59 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mullite imports shrank sharply to $26K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 306% against the previous year.
| Import of Mullite in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 25.8 | 26.3 | 1.9% |
| Turkey | 8.5 | 34.6 | 10.8 | N/A | 12.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.5 | 34.6 | 36.6 | 26.3 | 45.7% |
Top Suppliers of Mullite to Azerbaijan in 2022:
- China (23.8 tons)
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