Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan - 2023
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan (FOB) - 2023
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan (CIF) - 2022
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan (FOB) - 2023
In December 2023, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $2,640 per ton, falling by -3.6% against the previous month. Overall, the export price recorded a slight descent. The pace of growth was the most pronounced in April 2023 an increase of 4.3% against the previous month. Over the period under review, the average export prices hit record highs at $3,300 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was Russia ($2,897 per ton), while the average price for exports to Turkey ($2,619 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.8%), while the prices for the other major destinations experienced a decline.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan (CIF) - 2022
In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $5,363 per ton, rising by 34% against the previous year. In general, the import price, however, showed a deep downturn. The growth pace was the most rapid in 2018 when the average import price increased by 178% against the previous year. Over the period under review, average import prices hit record highs at $8,987 per ton in 2012; however, from 2013 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 South Korea ($12,092 per ton), while the price for China ($3,279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan
In 2022, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -45.2% to 9.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 46%. As a result, the exports reached the peak of 17K tons, and then dropped remarkably in the following year.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s fell dramatically to $44M in 2022. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 108%. As a result, the exports reached the peak of $59M, and then dropped markedly in the following year.
Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.7 | 12.4 | 49.5 | 36.3 | 97.7% |
Russia | 18.8 | 13.6 | 4.5 | 3.7 | -41.8% |
Ukraine | 0.9 | 0.8 | 2.0 | 1.5 | 18.6% |
Turkey | 1.9 | 0.5 | 0.9 | 1.4 | -9.7% |
United Kingdom | N/A | 0.8 | 1.8 | 0.6 | -13.4% |
Others | 0.6 | 0.2 | 0.4 | 0.1 | -45.0% |
Total | 27.0 | 28.4 | 59.0 | 43.6 | 17.3% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Azerbaijan in 2022:
- United States (7.5K tons)
- Russia (1.1K tons)
- Ukraine (0.4K tons)
- Turkey (0.4K tons)
- United Kingdom (0.2K tons)
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan
In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s imported into Azerbaijan rose remarkably to 729 tons, increasing by 14% compared with 2021. Over the period under review, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $3.9M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 849 | 692 | 1,103 | 1,977 | 32.5% |
Turkey | 489 | 552 | 683 | 998 | 26.8% |
China | 435 | 149 | 441 | 367 | -5.5% |
United Arab Emirates | 27.6 | N/A | N/A | 300 | 121.5% |
Netherlands | 1.2 | N/A | N/A | 177 | 428.4% |
Others | 52.0 | 21.9 | 325 | 91.2 | 20.6% |
Total | 1,854 | 1,415 | 2,552 | 3,909 | 28.2% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Azerbaijan in 2022:
- Russia (296.0 tons)
- Turkey (257.7 tons)
- China (111.9 tons)
- United Arab Emirates (27.2 tons)
- Netherlands (26.3 tons)
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.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Azerbaijan.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Azerbaijan.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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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