Price for Aluminium; Tubes and Pipes in Azerbaijan - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Azerbaijan (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in Azerbaijan (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Azerbaijan
- Exports of Aluminium; Tubes and Pipes in Azerbaijan
Price for Aluminium; Tubes and Pipes in Azerbaijan (CIF) - 2022
The average aluminium; tubes and pipes import price stood at $8,188 per ton in 2022, stabilizing at the previous year. In general, the import price saw a perceptible increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 132%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 Russia ($17,146 per ton), while the price for Iran ($3,962 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Azerbaijan (FOB) - 2022
In 2022, the average aluminium; tubes and pipes export price amounted to $245,111 per ton, with an increase of 1,522% against the previous year. Over the period under review, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 2,309% against the previous year. As a result, the export price reached the peak level of $592,000 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($337,500 per ton), while the average price for exports to Georgia ($1,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+596.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Tubes and Pipes in Azerbaijan
In 2022, approx. 32 tons of aluminium; tubes and pipeses were imported into Azerbaijan; shrinking by -60.4% on 2021. Overall, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 7.4% against the previous year.
In value terms, aluminium; tubes and pipes imports reduced markedly to $260K in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of $656K, and then reduced dramatically in the following year.
| Import of Aluminium; Tubes and Pipes in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 204 | 158 | 188 | 115 | -17.4% |
| Russia | 11.8 | 29.2 | 308 | 51.7 | 63.6% |
| Iran | 1.0 | 4.0 | 0.6 | 26.6 | 198.5% |
| China | 18.9 | 36.4 | 4.8 | 15.3 | -6.8% |
| Poland | 0.1 | 3.4 | 10.0 | 6.2 | 295.8% |
| Others | 179 | 172 | 145 | 44.7 | -37.0% |
| Total | 415 | 403 | 656 | 260 | -14.4% |
Top Suppliers of Aluminium; Tubes and Pipes to Azerbaijan in 2022:
- Turkey (17.9 tons)
- Iran (6.7 tons)
- Russia (3.0 tons)
- China (2.1 tons)
- Poland (0.6 tons)
Exports of Aluminium; Tubes and Pipes in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; tubes and pipeses, when their volume decreased by -50% to 9 kg. Overall, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 157%. As a result, the exports attained the peak of 18 kg, and then contracted dramatically in the following year.
In value terms, aluminium; tubes and pipes exports soared to $2.2K in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,309% against the previous year. As a result, the exports attained the peak of $4.1K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Aluminium; Tubes and Pipes in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 1.0 | 1,930 | 269 | 2,025 | 1165.1% |
| Slovenia | N/A | N/A | N/A | 140 | 0% |
| Luxembourg | 2.0 | 2,153 | 1.0 | 40.0 | 171.4% |
| Georgia | 1.0 | 19.0 | 1.0 | 1.0 | 0.0% |
| Russia | N/A | 42.0 | N/A | N/A | 0% |
| Norway | 2.0 | N/A | 1.0 | N/A | -29.3% |
| Others | 166 | N/A | N/A | N/A | 0% |
| Total | 172 | 4,144 | 272 | 2,206 | 134.1% |
Top Export Markets for Aluminium; Tubes and Pipes from Azerbaijan in 2022:
- Ukraine (6.0 kg)
- Slovenia (1.0 kg)
- Georgia (1.0 kg)
- Luxembourg (1.0 kg)
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