Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan - 2024
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan (FOB) - 2024
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan (CIF) - 2024
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan (FOB) - 2024
In April 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $2,650 per ton, approximately equating the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average export price increased by 4% month-to-month. The export price peaked at $2,944 per ton in April 2023; however, from May 2023 to April 2024, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In April 2024, the country with the highest price was Russia ($3,102 per ton), while the average price for exports to Turkey ($2,618 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.0%), while the prices for the other major destinations experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan (CIF) - 2024
The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $5,536 per ton in April 2024, with an increase of 27% against the previous month. Overall, import price indicated a notable increase from April 2023 to April 2024: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms increased by +47.5% against February 2024 indices. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 76% month-to-month. Over the period under review, average import prices reached the maximum in April 2024.
Average prices varied somewhat amongst the major supplying countries. In April 2024, the country with the highest price was Russia ($5,781 per ton), while the price for Turkey amounted to $4,382 per ton.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan
In 2022, shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -43.6% to 20K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of 36K tons, and then reduced notably in the following year.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms reduced remarkably to $82M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 126%. As a result, the exports attained the peak of $111M, and then contracted rapidly in the following year.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 12.5 | 49.7 | 36.3 | 97.7% |
| Turkey | 15.8 | 19.6 | 46.5 | 35.7 | 31.2% |
| Russia | 20.4 | 14.8 | 7.3 | 5.7 | -34.6% |
| Ukraine | 0.9 | 0.8 | 2.0 | 1.6 | 21.1% |
| Italy | N/A | N/A | 1.7 | 1.3 | -23.5% |
| United Kingdom | N/A | 1.1 | 2.4 | 0.7 | -20.2% |
| Others | 0.8 | 0.3 | 1.5 | 0.5 | -14.5% |
| Total | 42.6 | 49.1 | 111 | 81.8 | 24.3% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Azerbaijan in 2022:
- Turkey (10.0K tons)
- United States (7.5K tons)
- Russia (1.6K tons)
- Ukraine (0.4K tons)
- Italy (0.3K tons)
- United Kingdom (0.2K tons)
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas purchases of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, when their volume decreased by -18.9% to 1.1K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of 1.4K tons, and then contracted notably in the following year.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms rose sharply to $7.3M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 143% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 850 | 731 | 1,103 | 1,985 | 32.7% |
| China | 473 | 570 | 1,496 | 1,654 | 51.8% |
| Turkey | 1,040 | 1,258 | 1,321 | 1,638 | 16.3% |
| Netherlands | 190 | 5.3 | 2,263 | 1,163 | 82.9% |
| United Arab Emirates | 109 | 57.0 | N/A | 302 | 40.5% |
| Iran | 129 | 89.9 | 138 | 103 | -7.2% |
| Others | 102 | 135 | 597 | 439 | 62.7% |
| Total | 2,892 | 2,846 | 6,918 | 7,284 | 36.1% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Azerbaijan in 2022:
- China (310.0 tons)
- Russia (297.4 tons)
- Turkey (251.6 tons)
- Netherlands (145.2 tons)
- Iran (33.8 tons)
- United Arab Emirates (27.4 tons)
213
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Azerbaijan.
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This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Azerbaijan.
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This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
213
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Azerbaijan.
277
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Azerbaijan.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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