Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Azerbaijan - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Azerbaijan (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Azerbaijan
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Azerbaijan (CIF) - 2022
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $814 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2017 an increase of 55%. The import price peaked at $1,309 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -5.2% per year.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Azerbaijan
In 2022, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses into Azerbaijan reduced to 187 tons, with a decrease of -9.9% compared with the previous year's figure. Over the period under review, imports recorded a precipitous setback.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses shrank to $152K in 2022. Overall, imports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 11%.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 344 | 150 | 152 | 150 | -24.2% |
| Others | N/A | N/A | 14.5 | 1.7 | -88.3% |
| Total | 344 | 150 | 167 | 152 | -23.8% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Azerbaijan in 2022:
- Russia (185.1 tons)
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