Sulphates; of Nickel Price in Azerbaijan - 2023
Contents:
Sulphates; of Nickel Price in Azerbaijan (CIF) - 2022
The average sulphates; of nickel import price stood at $11,072 per ton in 2022, jumping by 78% against the previous year. Over the period under review, the import price enjoyed a tangible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) ($15,563 per ton), while the price for Germany stood at $2,090 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Nickel Imports in Azerbaijan
After three years of growth, purchases abroad of sulphates; of nickels decreased by -83.6% to 300 kg in 2022. In general, imports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 266%. As a result, imports attained the peak of 1.8 tons, and then shrank remarkably in the following year.
In value terms, sulphates; of nickel imports fell significantly to $3.3K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 247%. As a result, imports reached the peak of $11K, and then declined remarkably in the following year.
| Import of Sulphates; of Nickel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 3.1 | 0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | 0.4 | 0.8 | 2.2 | N/A | 134.5% |
| France | 0.6 | 0.6 | 1.9 | N/A | 78.0% |
| Turkey | 0.5 | 1.6 | 7.1 | N/A | 276.8% |
| Others | 0.1 | 0.3 | 0.3 | N/A | 73.2% |
| Total | 1.5 | 3.3 | 11.4 | 3.3 | 30.1% |
Top Suppliers of Sulphates; of Nickel to Azerbaijan in 2022:
- Taiwan (Chinese) (200.0 kg)
- Germany (100.0 kg)
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