Price for Ethylene Polymers; Waste, Parings and Scrap in Azerbaijan - 2023

Price for Ethylene Polymers; Waste, Parings and Scrap in Azerbaijan (CIF) - 2023

In December 2023, the average import price for ethylene polymers; waste, parings and scraps amounted to $572 per ton, falling by -11% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 20% m-o-m. As a result, import price attained the peak level of $721 per ton. From November 2023 to December 2023, the average import prices remained at a lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per month.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Azerbaijan

In 2022, after two years of decline, there was significant growth in purchases abroad of ethylene polymers; waste, parings and scraps, when their volume increased by 200% to 9.6K tons. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethylene polymers; waste, parings and scraps skyrocketed to $5.6M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.