Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Azerbaijan - 2023
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Azerbaijan (CIF) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Azerbaijan
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Azerbaijan (CIF) - 2022
In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,213 per ton, shrinking by -19.8% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 251%. The import price peaked at $13,988 per ton in 2021, and then contracted sharply in the following year.
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 Turkey ($16,484 per ton), while the price for Russia ($10,324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+69.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in overseas purchases of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 100% to 32 tons in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 307% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses soared to $363K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 362% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | N/A | 44.4 | 280 | 530.6% |
| Turkey | 12.2 | 120 | 148 | 37.3 | 45.1% |
| Germany | 7.3 | 15.7 | 22.6 | 31.8 | 63.3% |
| Russia | 9.6 | 10.3 | 6.6 | 8.7 | -3.2% |
| Others | 3.6 | 5.0 | 4.6 | 5.0 | 11.6% |
| Total | 32.8 | 151 | 226 | 363 | 122.8% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Azerbaijan in 2022:
- Uzbekistan (26.2 tons)
- Germany (2.9 tons)
- Turkey (2.3 tons)
- Russia (0.8 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Azerbaijan.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
