Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Azerbaijan - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Azerbaijan (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Azerbaijan

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Azerbaijan (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $91,180 per ton, rising by 94% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 198% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($113,685 per ton), while the price for Germany ($28,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+89.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Azerbaijan

In 2022, approx. 8.2 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into Azerbaijan; rising by 49% on the previous year's figure. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 425% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $750K in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 364%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/A141637351.8%
Germany21.052.494.048.332.0%
ChinaN/AN/AN/A15.60%
SloveniaN/AN/A15.612.8-17.9%
Others3.93.69.136.4110.5%
Total25.056.0260750210.7%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Azerbaijan in 2022:

  1. Austria (5.6 tons)
  2. Germany (1.7 tons)
  3. China (0.5 tons)
  4. Slovenia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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