Price for Quartz; Other than Natural Sands in Azerbaijan - 2024
Contents:
- Price for Quartz; Other than Natural Sands in Azerbaijan (CIF) - 2024
- Imports of Quartz; Other than Natural Sands in Azerbaijan
Price for Quartz; Other than Natural Sands in Azerbaijan (CIF) - 2024
In September 2023, the average import price for quartz; other than natural sandses amounted to $175 per ton, approximately equating the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $246 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Iran.
From February 2023 to September 2023, the rate of growth in terms of prices for Iran amounted to -0.6% per month.
Imports of Quartz; Other than Natural Sands in Azerbaijan
In 2022, approx. 9.4K tons of quartz; other than natural sandses were imported into Azerbaijan; stabilizing at the previous year. Overall, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports attained the peak of 9.5K tons, leveling off in the following year.
In value terms, quartz; other than natural sands imports rose markedly to $1.7M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 79%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Quartz; Other than Natural Sands in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 1,254 | 762 | 1,573 | 1,539 | 7.1% |
| Turkey | 165 | 19.4 | 40.2 | 156 | -1.9% |
| Others | 28.4 | 137 | 31.9 | 39.9 | 12.0% |
| Total | 1,447 | 918 | 1,645 | 1,734 | 6.2% |
Top Suppliers of Quartz; Other than Natural Sands to Azerbaijan in 2022:
- Iran (8.9K tons)
- Turkey (0.4K tons)
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