Price for Steel, Alloy; Ingots and Other Primary Forms in Azerbaijan - 2023
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Azerbaijan (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Azerbaijan
Price for Steel, Alloy; Ingots and Other Primary Forms in Azerbaijan (CIF) - 2022
The average import price for steel, alloy; ingots and other primary formses stood at $2,775 per ton in 2022, waning by -55.7% against the previous year. Over the period under review, the import price showed a significant decrease. Over the period under review, average import prices reached the peak figure at $482,882 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,243 per ton), while the price for Turkey amounted to $2,567 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-25.1%).
Imports of Steel, Alloy; Ingots and Other Primary Forms in Azerbaijan
Imports of steel, alloy; ingots and other primary formses into Azerbaijan soared to 1.9 tons in 2022, with an increase of 1,818% against 2021. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy; ingots and other primary formses soared to $5.3K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Turkey | 0.3 | 3.4 | 1033.3% | ||
| Italy | N/A | 1.9 | 0% | ||
| Others | 0.3 | N/A | 0% | ||
| Total | 0.6 | 5.3 | 783.3% | ||
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Azerbaijan in 2022:
- Turkey (1314.0 kg)
- Italy (585.0 kg)
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