Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Azerbaijan - 2024
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Azerbaijan (CIF) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Azerbaijan
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Azerbaijan (CIF) - 2022
In 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,834 per ton, surging by 20% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alloy steel flat-rolled products, of a width of less than 600mms decreased by -19.5% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 104%. Over the period under review, average import prices reached the peak figure at $3,518 per ton in 2020; however, from 2021 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 Germany ($5,636 per ton), while the price for China ($1,953 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Azerbaijan
In 2022, imports of alloy steel flat-rolled products, of a width of less than 600mms into Azerbaijan contracted rapidly to 51 tons, which is down by -46.5% on 2021. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,337% against the previous year. As a result, imports reached the peak of 96 tons, and then dropped dramatically in the following year.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms reduced notably to $145K in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 864%. As a result, imports attained the peak of $226K, and then dropped significantly in the following year.
Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 17.1 | 7.3 | 64.5 | 73.8 | 62.8% |
Turkey | 2.1 | 12.4 | 49.7 | 37.2 | 160.7% |
China | 0.4 | N/A | 92.8 | 24.0 | 291.5% |
Germany | 2.6 | 2.7 | N/A | 9.5 | 54.0% |
Others | 8.4 | 1.0 | 18.9 | 0.5 | -61.0% |
Total | 30.7 | 23.4 | 226 | 145 | 67.8% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Azerbaijan in 2022:
- Russia (22.2 tons)
- Turkey (15.0 tons)
- China (12.3 tons)
- Germany (1.7 tons)
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product in Azerbaijan.
This report provides an in-depth analysis of the global market for silicon-electrical steel flat-rolled product.
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