Price for Nickel; Bars, Rods, Profiles and Wire in Azerbaijan - 2024
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Azerbaijan (CIF) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Azerbaijan
Price for Nickel; Bars, Rods, Profiles and Wire in Azerbaijan (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $90,644 per ton in 2022, increasing by 91% against the previous year. In general, the import price recorded buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($113,888 per ton), while the price for Germany ($28,924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+109.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Bars, Rods, Profiles and Wire in Azerbaijan
In 2022, approx. 8.5 tons of nickel; bars, rods, profiles and wires were imported into Azerbaijan; with an increase of 18% against 2021 figures. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 514%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of nickel; bars, rods, profiles and wires skyrocketed to $773K in 2022. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 391% 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 Nickel; Bars, Rods, Profiles and Wire in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 141 | 637 | 351.8% |
| Germany | 21.0 | 52.4 | 94.0 | 48.6 | 32.3% |
| Russia | 0.2 | 0.2 | 22.4 | 18.8 | 354.7% |
| China | 0.3 | 5.2 | 3.9 | 15.9 | 275.6% |
| Slovenia | N/A | N/A | 15.6 | 12.8 | -17.9% |
| Czech Republic | 2.6 | 68.4 | 65.1 | 6.1 | 32.9% |
| Others | 5.4 | 18.5 | 0.4 | 33.5 | 83.7% |
| Total | 29.5 | 145 | 343 | 773 | 197.0% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Azerbaijan in 2022:
- Austria (5.6 tons)
- Germany (1.7 tons)
- China (0.5 tons)
- Slovenia (0.2 tons)
- Russia (0.2 tons)
- Czech Republic (0.1 tons)
1582
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