Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan - 2023

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan (CIF) - 2022
  2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan (FOB) - 2022
  3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan
  4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $21,183 per ton, picking up by 48% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 135% against the previous year. As a result, import price reached the peak level of $29,287 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 France ($96,076 per ton), while the price for Ukraine ($579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $2,151 per ton in 2022, shrinking by -50.1% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 69%. As a result, the export price attained the peak level of $26,025 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($36,667 per ton), while the average price for exports to Turkmenistan ($2,095 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan

In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into Azerbaijan skyrocketed to 194 tons, increasing by 25% compared with the year before. Over the period under review, imports, however, showed a dramatic descent.

In value terms, imports of tubing; flexible, with or without fittings, of base metals soared to $4.1M in 2022. In general, imports, however, recorded a dramatic decline.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,7710.411.21,636-16.1%
Turkey41639541666617.0%
China5266681,0265783.2%
United Kingdom23933.111338717.4%
South Korea13.9N/A0.5147119.5%
Italy12796.918492.0-10.2%
Denmark7,51111.041.989.2-77.2%
Russia4.714.650.489.1166.6%
Ukraine13.924.218.73.2-38.7%
Others564417373430-8.6%
Total12,1861,6602,2354,118-30.3%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Azerbaijan in 2022:

  1. Turkey (120.1 tons)
  2. United Kingdom (19.7 tons)
  3. France (17.0 tons)
  4. China (10.5 tons)
  5. Russia (6.5 tons)
  6. Ukraine (5.6 tons)
  7. South Korea (5.1 tons)
  8. Italy (3.2 tons)
  9. Denmark (1.1 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan

Exports of tubing; flexible, with or without fittings, of base metals from Azerbaijan soared to 26 tons in 2022, rising by 1,045% compared with the previous year's figure. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals soared to $56K in 2022. In general, exports, however, recorded a precipitous contraction.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkmenistanN/AN/AN/A53.80%
United Kingdom0.86.58.51.07.7%
United States0.2111N/A0.1-20.6%
Denmark121N/AN/AN/A0%
GeorgiaN/A4.4N/AN/A0%
Others0.32.01.20.944.2%
Total1221249.855.8-23.0%

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Azerbaijan in 2022:

  1. Turkmenistan (25.7 tons)
  2. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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