Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $93 per unit in 2022, with an increase of 55% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 98% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 Norway ($471 per unit), while the price for Belarus ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $71 per unit in 2022, declining by -19.1% against the previous year. In general, the export price, however, enjoyed a tangible increase. The growth pace was the most rapid in 2013 when the average export price increased by 874% against the previous year. As a result, the export price reached the peak level of $456 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,216 per unit), while the average price for exports to the United Arab Emirates ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan

Imports of containers for compressed or liquefied gas, of iron or steel into Azerbaijan expanded to 35K units in 2022, growing by 2.4% against 2021 figures. In general, imports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 120% against the previous year. As a result, imports reached the peak of 126K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel surged to $3.3M in 2022. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 335%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Azerbaijan in 2022:

1. Turkey (13.9K units)
2. Russia (6.1K units)
3. Czech Republic (5.2K units)
4. China (3.5K units)
5. South Korea (2.3K units)
6. United States (1.7K units)
7. Norway (1.1K units)
8. Italy (0.4K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Azerbaijan

In 2022, overseas shipments of containers for compressed or liquefied gas, of iron or steel decreased by -33.2% to 4.5K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed resilient growth. The growth pace was the most rapid in 2020 with an increase of 132%. As a result, the exports reached the peak of 7.7K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel dropped remarkably to $321K in 2022. In general, exports, however, posted a notable expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 56% against the previous year. Over the period under review, the exports of reached the maximum at $594K in 2021, and then declined rapidly in the following year.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Azerbaijan in 2022:

1. United Kingdom (2493.0 units)
2. Denmark (595.0 units)
3. United Arab Emirates (369.0 units)
4. Luxembourg (313.0 units)
5. Turkey (277.0 units)
6. Iran (213.0 units)
7. Kazakhstan (125.0 units)

Source: IndexBox Market Intelligence Platform