Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Azerbaijan - 2023

Contents:

  1. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Azerbaijan (CIF) - 2022
  2. Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Azerbaijan

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Azerbaijan (CIF) - 2022

In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $400 per ton, declining by -24.9% against the previous year. Overall, the import price saw a dramatic curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 56%. As a result, import price attained the peak level of $3,433 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2016 to 2022, the rate of growth in terms of prices for Turkey amounted to -32.0% per year.

Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Azerbaijan

Imports of briquettes, ovoids and similar solid fuels; manufactured from coals into Azerbaijan surged to 96 tons in 2022, rising by 171% compared with the year before. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 372% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals soared to $38K in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 194% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10.330.318.938.354.9%
OthersN/AN/AN/A0.10%
Total10.330.318.938.455.1%

Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Azerbaijan in 2022:

  1. Turkey (96.0 tons)

Source: IndexBox Market Intelligence Platform

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