Price for Carbides, Whether or Not Chemically Defined in Azerbaijan - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Azerbaijan (CIF) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Azerbaijan
Price for Carbides, Whether or Not Chemically Defined in Azerbaijan (CIF) - 2022
In 2022, the average import price for carbides, whether or not chemically defineds amounted to $721 per ton, with a decrease of -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2016 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $737 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($2,100 per ton), while the price for Iran ($637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Carbides, Whether or Not Chemically Defined in Azerbaijan
In 2022, the amount of carbides, whether or not chemically defineds imported into Azerbaijan dropped sharply to 392 tons, with a decrease of -20.7% compared with the year before. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year.
In value terms, imports of carbides, whether or not chemically defineds declined dramatically to $282K in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 41%.
| Import of Carbides, Whether or Not Chemically Defined in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 187 | 114 | 146 | 228 | 6.8% |
| Kazakhstan | 18.8 | 11.7 | 63.0 | 28.2 | 14.5% |
| Romania | N/A | N/A | N/A | 21.0 | 0% |
| China | 28.2 | 32.6 | 36.5 | 0.7 | -70.8% |
| Bulgaria | 15.0 | 13.5 | 14.5 | N/A | -1.7% |
| Hong Kong SAR | 28.8 | N/A | N/A | N/A | 0% |
| Slovakia | 43.4 | 43.8 | 52.6 | N/A | 10.1% |
| Turkey | 16.6 | 13.4 | 12.4 | N/A | -13.6% |
| Others | 75.4 | 27.7 | 38.1 | 4.5 | -60.9% |
| Total | 413 | 256 | 363 | 282 | -11.9% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Azerbaijan in 2022:
- Iran (357.9 tons)
- Kazakhstan (20.2 tons)
- Romania (10.0 tons)
- China (0.9 tons)
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