Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Azerbaijan - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Azerbaijan (CIF) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Azerbaijan
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Azerbaijan (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $275 per ton, rising by 25% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2013 an increase of 233% against the previous year. As a result, import price attained the peak level of $1,402 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($659 per ton), while the price for Iran ($256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Azerbaijan
In 2022, approx. 1.4K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Azerbaijan; jumping by 38% against the previous year. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $382K in 2022. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 174 | 178 | 173 | 329 | 23.7% |
| Turkey | 13.4 | 9.4 | 16.4 | 33.9 | 36.3% |
| Saudi Arabia | N/A | N/A | N/A | 18.0 | 0% |
| Others | 49.1 | 32.0 | 33.3 | 0.9 | -73.6% |
| Total | 236 | 219 | 223 | 382 | 17.4% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Azerbaijan in 2022:
- Iran (1287.7 tons)
- Turkey (51.5 tons)
- Saudi Arabia (48.1 tons)
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