Price for Zinc; Bars, Rods, Profiles and Wire in Azerbaijan - 2023

Contents:

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

Price for Zinc; Bars, Rods, Profiles and Wire in Azerbaijan (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $1,501 per ton, with a decrease of -56.4% against the previous year. Overall, the import price showed a mild decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 122% against the previous year. The import price peaked at $7,174 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($18,368 per ton), while the price for Turkey stood at $1,244 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+600.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Zinc; Bars, Rods, Profiles and Wire in Azerbaijan

In 2022, approx. 19 tons of zinc; bars, rods, profiles and wires were imported into Azerbaijan; increasing by 253% on the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of zinc; bars, rods, profiles and wires surged to $28K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Zinc; Bars, Rods, Profiles and Wire in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.16.43.822.877.2%
United Kingdom12.49.811.93.4-35.0%
ChinaN/AN/A2.0N/A0%
Others2.32.30.41.7-9.6%
Total18.818.518.127.813.9%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Azerbaijan in 2022:

  1. Turkey (18.3 tons)
  2. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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