Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Azerbaijan - 2024

Contents:

  1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Azerbaijan (CIF) - 2022
  2. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Azerbaijan

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Azerbaijan (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,256 per ton, jumping by 23% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure at $1,826 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Slovenia ($5,608 per ton), while the price for Poland ($841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Azerbaijan

In 2022, overseas purchases of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -3% to 434 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2020 when imports increased by 16%. As a result, imports reached the peak of 559 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $545K in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 29%. As a result, imports attained the peak of $635K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1171021281539.4%
Ukraine64.792.593.594.213.3%
Turkey35.176.637.159.919.5%
Netherlands24.044.942.353.030.2%
China72.612952.844.3-15.2%
Sweden12.96.48.726.427.0%
Slovenia11712446.122.8-42.0%
Poland3.413.813.517.673.0%
Others46.145.134.773.917.0%
Total4936354575453.4%

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Azerbaijan in 2022:

  1. Russia (147.5 tons)
  2. Ukraine (69.2 tons)
  3. Netherlands (60.1 tons)
  4. Turkey (44.4 tons)
  5. China (37.7 tons)
  6. Poland (20.9 tons)
  7. Sweden (14.5 tons)
  8. Slovenia (4.1 tons)
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