Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Azerbaijan - 2024

Contents:

  1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Azerbaijan (CIF) - 2022
  2. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Azerbaijan

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Azerbaijan (CIF) - 2022

In 2022, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $4,071 per ton, shrinking by -10.8% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2021 when the average import price increased by 46%. Over the period under review, average import prices hit record highs at $9,342 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($46,317 per ton), while the price for Finland ($1,502 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Azerbaijan

In 2022, approx. 25 tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were imported into Azerbaijan; which is down by -23.5% on the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 89%. As a result, imports reached the peak of 33 tons, and then contracted rapidly in the following year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds shrank significantly to $103K in 2022. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 175% against the previous year. As a result, imports reached the peak of $150K, and then reduced sharply in the following year.

Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands55.041.311357.71.6%
Belgium0.30.76.613.3253.9%
Turkey10.11.97.512.57.4%
India1.91.65.86.550.7%
Finland1.11.01.61.48.4%
Georgia7.6N/AN/AN/A0%
Others9.38.215.511.16.1%
Total85.254.61501036.5%

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Azerbaijan in 2022:

  1. Netherlands (11.2 tons)
  2. Turkey (5.8 tons)
  3. Belgium (5.8 tons)
  4. Finland (1.0 tons)
  5. India (0.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, stainless; flat-rolled, width less than 600mm, cold-rolled - Azerbaijan