Sulphates; of Aluminium Price in Azerbaijan - 2023
Contents:
- Sulphates; of Aluminium Price in Azerbaijan (CIF) - 2022
- Sulphates; of Aluminium Imports in Azerbaijan
Sulphates; of Aluminium Price in Azerbaijan (CIF) - 2022
The average sulphates; of aluminium import price stood at $420 per ton in 2022, picking up by 41% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2016 an increase of 101% against the previous year. Over the period under review, average import prices reached the maximum at $450 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($443 per ton), while the price for Russia ($313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Aluminium Imports in Azerbaijan
In 2022, the amount of sulphates; of aluminia imported into Azerbaijan amounted to 196 tons, leveling off at the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; of aluminium imports soared to $82K in 2022. Overall, imports showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Sulphates; of Aluminium in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 55.0 | 32.9 | 56.4 | 75.8 | 11.3% |
| Russia | N/A | N/A | N/A | 6.3 | 0% |
| Others | 1.2 | 0.1 | 1.8 | 0.1 | -56.3% |
| Total | 56.2 | 33.0 | 58.2 | 82.2 | 13.5% |
Top Suppliers of Sulphates; of Aluminium to Azerbaijan in 2022:
- Turkey (175.5 tons)
- Russia (20.0 tons)
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