Price for Cyanides and Cyanide Oxides; of Sodium in Azerbaijan - 2023
Contents:
- Price for Cyanides and Cyanide Oxides; of Sodium in Azerbaijan (CIF) - 2023
- Imports of Cyanides and Cyanide Oxides; of Sodium in Azerbaijan
Price for Cyanides and Cyanide Oxides; of Sodium in Azerbaijan (CIF) - 2023
The average import price for cyanides and cyanide oxides; of sodia stood at $2,988 per ton in October 2023, remaining relatively unchanged against the previous month. Overall, the import price saw a noticeable expansion. The most prominent rate of growth was recorded in April 2023 an increase of 34% against the previous month. As a result, import price attained the peak level of $3,000 per ton; afterwards, it flattened through to October 2023.
As there is only one major supplying country, the average price level is determined by prices for Georgia.
From October 2022 to October 2023, the rate of growth in terms of prices for Georgia amounted to +3.4% per month.
Imports of Cyanides and Cyanide Oxides; of Sodium in Azerbaijan
Imports of cyanides and cyanide oxides; of sodia into Azerbaijan fell significantly to 3.3K tons in 2022, reducing by -45.9% against the year before. Overall, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 159% against the previous year. As a result, imports reached the peak of 6K tons, and then contracted markedly in the following year.
In value terms, imports of cyanides and cyanide oxides; of sodia fell markedly to $6.6M in 2022. Over the period under review, imports, however, showed a pronounced increase. The growth pace was the most rapid in 2021 when imports increased by 166%. As a result, imports attained the peak of $12M, and then contracted significantly in the following year.
| Import of Cyanides and Cyanide Oxides; of Sodium in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 4.2 | 4.7 | 12.4 | 6.5 | 15.7% |
| Russia | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.5 | N/A | 0.1 | 0.1 | -41.5% |
| Total | 6.1 | 4.7 | 12.5 | 6.6 | 2.7% |
Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Azerbaijan in 2022:
- Georgia (3.3K tons)
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
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