Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan - 2024
Contents:
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan (FOB) - 2024
- Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan (CIF) - 2022
- Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan
- Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan
Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan (FOB) - 2024
The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $8,388 per ton in March 2024, standing approximately at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 an increase of 5.9% against the previous month. Over the period under review, the average export prices hit record highs at $9,202 per ton in April 2023; however, from May 2023 to March 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From April 2023 to March 2024, the rate of growth in terms of prices for Turkey amounted to -0.8% per month.
Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan (CIF) - 2022
In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $9,577 per ton, rising by 6.3% against the previous year. Overall, the import price showed a mild increase. The most prominent rate of growth was recorded in 2017 an increase of 704%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.5% per year.
Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan
In 2022, approx. 1.9K tons of copper; refined, unwrought, cathodes and sections of cathodeses were exported from Azerbaijan; reducing by -23.2% on the year before. In general, exports saw a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of 2.5K tons, and then declined significantly in the following year.
In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses dropped significantly to $18M in 2022. Over the period under review, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 133%. As a result, the exports attained the peak of $23M, and then contracted rapidly in the following year.
Export of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 6.0 | 4.6 | 11.4 | 8.8 | 13.6% |
Others | 6.0 | 5.2 | 11.4 | 8.8 | 13.6% |
Total | 12.0 | 9.8 | 22.8 | 17.6 | 13.6% |
Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Azerbaijan in 2022:
- Turkey (951.2 tons)
Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan
In 2022, approx. 678 kg of copper; refined, unwrought, cathodes and sections of cathodeses were imported into Azerbaijan; dropping by -99.6% on the year before. Overall, imports faced a dramatic curtailment. The smallest decline of -47.1% was in 2020.
In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses dropped sharply to $6.5K in 2022. Over the period under review, imports continue to indicate a dramatic decline. The smallest decline of -53.2% was in 2021.
Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 2.6 | 0.5 | N/A | N/A | -80.8% |
Uzbekistan | N/A | 2.4 | N/A | N/A | 0% |
Turkey | 4.9 | 0.3 | 1.4 | N/A | -46.5% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 7.5 | 3.1 | 1.5 | N/A | -55.3% |
Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Azerbaijan in 2022:
- Turkey (678.0 kg)
This report provides an in-depth analysis of the copper market in Azerbaijan.
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This report provides an in-depth analysis of the copper market in Azerbaijan.
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Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
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>