Price for Copper; Refined and Copper Alloys, Unwrought in Azerbaijan - 2023
Contents:
- Price for Copper; Refined and Copper Alloys, Unwrought in Azerbaijan (FOB) - 2023
- Price for Copper; Refined and Copper Alloys, Unwrought in Azerbaijan (CIF) - 2022
- Exports of Copper; Refined and Copper Alloys, Unwrought in Azerbaijan
- Imports of Copper; Refined and Copper Alloys, Unwrought in Azerbaijan
Price for Copper; Refined and Copper Alloys, Unwrought in Azerbaijan (FOB) - 2023
In December 2023, the average export price for copper; refined and copper alloys, unwroughts amounted to $8,365 per ton, growing by 5.9% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 29% against the previous month. Over the period under review, the average export prices attained the peak figure at $9,202 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From December 2022 to December 2023, the rate of growth in terms of prices for Turkey amounted to +0.1% per month.
Price for Copper; Refined and Copper Alloys, Unwrought in Azerbaijan (CIF) - 2022
The average import price for copper; refined and copper alloys, unwroughts stood at $8,105 per ton in 2022, jumping by 83% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 249%. As a result, import price reached the peak level of $25,106 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($9,525 per ton), while the price for Turkey ($7,581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+36.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Copper; Refined and Copper Alloys, Unwrought in Azerbaijan
In 2022, overseas shipments of copper; refined and copper alloys, unwroughts decreased by -63.3% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 79%.
In value terms, exports of copper; refined and copper alloys, unwroughts fell sharply to $9M in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 88%.
Export of Copper; Refined and Copper Alloys, Unwrought in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.1 | 9.3 | 20.4 | 9.0 | 8.2% |
Hong Kong SAR | N/A | 4.0 | 1.2 | N/A | -70.0% |
United Arab Emirates | 0.1 | N/A | 1.7 | N/A | 312.3% |
Others | N/A | 0.3 | 0.1 | N/A | -66.7% |
Total | 7.2 | 13.6 | 23.4 | 9.0 | 7.7% |
Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Azerbaijan in 2022:
- Turkey (1120.1 tons)
Imports of Copper; Refined and Copper Alloys, Unwrought in Azerbaijan
In 2022, purchases abroad of copper; refined and copper alloys, unwroughts increased by 27% to 193 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a sharp downturn.
In value terms, imports of copper; refined and copper alloys, unwroughts soared to $1.6M in 2022. In general, imports, however, showed a precipitous descent.
Import of Copper; Refined and Copper Alloys, Unwrought in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 0.7 | 2.3 | 0.4 | 1.4 | 26.0% |
Kazakhstan | 3.8 | N/A | 0.1 | 0.2 | -62.5% |
Uzbekistan | 2.0 | 3.8 | N/A | N/A | 90.0% |
Turkey | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
Others | 0.2 | N/A | N/A | N/A | 0% |
Total | 6.7 | 6.2 | 0.7 | 1.6 | -38.0% |
Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Azerbaijan in 2022:
- Iran (171.2 tons)
- Kazakhstan (21.0 tons)
- Turkey (0.4 tons)
This report provides an in-depth analysis of the copper market in Azerbaijan.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the copper market in Azerbaijan.
Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
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Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>