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Azerbaijan - Iron Or Steel Stranded Wire, Ropes And Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Stranded Wire Price in Azerbaijan - 2023
Contents:
- Steel Stranded Wire Price in Azerbaijan (CIF) - 2022
- Steel Stranded Wire Price in Azerbaijan (FOB) - 2022
- Steel Stranded Wire Imports in Azerbaijan
- Steel Stranded Wire Exports in Azerbaijan
Steel Stranded Wire Price in Azerbaijan (CIF) - 2022
The average steel stranded wire import price stood at $2,120 per ton in 2022, waning by -3.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 66%. As a result, import price reached the peak level of $2,769 per ton. From 2019 to 2022, the average 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 Spain ($17,628 per ton), while the price for Malaysia ($1,330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Stranded Wire Price in Azerbaijan (FOB) - 2022
In 2022, the average steel stranded wire export price amounted to $3,256 per ton, waning by -62.8% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2021 an increase of 148%. As a result, the export price reached the peak level of $8,743 per ton, and then contracted sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($17,385 per ton), while the average price for exports to Iraq ($833 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 Luxembourg (+75.3%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Stranded Wire Imports in Azerbaijan
In 2022, imports of iron or steel stranded wire, ropes and cables into Azerbaijan soared to 8.7K tons, picking up by 136% compared with 2021 figures. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel stranded wire imports surged to $18M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Steel Stranded Wire in Azerbaijan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1.5 | 1.4 | 2.3 | 8.3 | 76.9% |
India | 1.4 | 0.2 | 0.5 | 2.4 | 19.7% |
South Korea | N/A | 0.1 | 0.4 | 2.0 | 347.2% |
United Kingdom | 0.9 | 1.4 | 1.9 | 1.6 | 21.1% |
China | 0.9 | 1.4 | 0.6 | 1.2 | 10.1% |
Russia | 1.3 | 0.8 | 0.6 | 1.0 | -8.4% |
United Arab Emirates | 1.2 | 0.4 | 0.7 | 0.6 | -20.6% |
Malaysia | 1.3 | 0.4 | 0.2 | N/A | -60.8% |
Others | 2.0 | 1.4 | 0.8 | 1.4 | -11.2% |
Total | 10.6 | 7.4 | 8.1 | 18.4 | 20.2% |
Top Suppliers of Steel Stranded Wire to Azerbaijan in 2022:
- Turkey (5099.4 tons)
- India (872.4 tons)
- South Korea (833.1 tons)
- China (556.3 tons)
- Russia (452.8 tons)
- United Kingdom (426.0 tons)
- United Arab Emirates (165.8 tons)
- Malaysia (14.3 tons)
Steel Stranded Wire Exports in Azerbaijan
In 2022, overseas shipments of iron or steel stranded wire, ropes and cables increased by 2,127% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant decrease.
In value terms, steel stranded wire exports soared to $35K in 2022. In general, exports, however, faced a precipitous descent.
Export of Steel Stranded Wire in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 11.3 | 0.2 | N/A | 13.1 | 5.1% |
United Arab Emirates | N/A | N/A | N/A | 7.5 | 0% |
Luxembourg | N/A | 2.3 | 1.0 | 6.0 | 61.5% |
Kazakhstan | N/A | 0.7 | N/A | 3.3 | 117.1% |
Russia | N/A | N/A | 0.2 | 2.4 | 1100.0% |
Netherlands | 105 | N/A | 0.1 | 2.0 | -73.3% |
Iraq | N/A | N/A | N/A | 0.3 | 0% |
Congo | N/A | 21.0 | N/A | N/A | 0% |
Austria | 5.4 | N/A | N/A | N/A | 0% |
Italy | 5.4 | 2.4 | N/A | N/A | -55.6% |
Turkey | 11.6 | N/A | N/A | N/A | 0% |
Others | 2.9 | 35.3 | 2.9 | 0.6 | -40.9% |
Total | 141 | 61.9 | 4.3 | 35.3 | -37.0% |
Top Export Markets for Steel Stranded Wire from Azerbaijan in 2022:
- United Arab Emirates (4.5 tons)
- United Kingdom (4.2 tons)
- Russia (0.6 tons)
- Kazakhstan (0.5 tons)
- Luxembourg (0.3 tons)
- Iraq (0.3 tons)
- Netherlands (0.2 tons)
This report provides an in-depth analysis of the steel stranded wire market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the steel stranded wire market in Azerbaijan.
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This report provides an in-depth analysis of the global steel plaited band market.
This report provides an in-depth analysis of the steel stranded wire market in Azerbaijan.
This report provides an in-depth analysis of the stranded wire market in Azerbaijan.
This report provides an in-depth analysis of the steel plaited band market in Azerbaijan.
This report provides an in-depth analysis of the global steel stranded wire market.
Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Explore the top import markets for steel stranded wire in the world, including key statistics and trends.
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...