Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Azerbaijan - 2023
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Azerbaijan (CIF) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Azerbaijan
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Azerbaijan (CIF) - 2022
In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $3,888 per ton, picking up by 6.9% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 85% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +23.1% per year.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Azerbaijan
Imports of silicon; containing by weight less than 99.99% of silica into Azerbaijan surged to 321 tons in 2022, jumping by 108% on the year before. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 459%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of silicon; containing by weight less than 99.99% of silica surged to $1.2M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 459%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.6 | 277 | 486 | 1,248 | 197.1% |
| Turkey | 2.6 | 25.6 | 56.4 | N/A | 365.8% |
| Others | 7.1 | 18.2 | 18.7 | N/A | 62.3% |
| Total | 57.3 | 320 | 561 | 1,248 | 179.3% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Azerbaijan in 2022:
- China (321.0 tons)
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