Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan - 2023

Contents:

  1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan (CIF) - 2022
  2. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan
  4. Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan (CIF) - 2022

In 2022, the average import price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $16,535 per unit, picking up by 5.3% against the previous year. Over the period under review, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 813%. Over the period under review, average import prices attained the maximum at $38,301 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($69,004 per unit), while the price for China ($3,066 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan (FOB) - 2022

In 2021, the average export price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $3,888 per unit, picking up by 78% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $18,000 per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2014 to 2021, the rate of growth in terms of prices for Russia amounted to -19.7% per year.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in supplies from abroad of metal-rolling mills; hot or combination hot and cold rolling millses, which increased by 7.5% to 719 units in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 3,421% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses stood at $12M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 3,031% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A10.311.410.7%
ChinaN/AN/A0.20.1-50.0%
Turkey0.10.3N/AN/A200.0%
Others0.60.1N/A0.3-20.6%
Total0.70.310.511.9157.1%

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Azerbaijan in 2022:

  1. United Arab Emirates (676.0 units)
  2. China (36.0 units)
  3. Turkey (2.0 units)

Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan

In 2021, the amount of metal-rolling mills; hot or combination hot and cold rolling millses exported from Azerbaijan skyrocketed to 4 units, increasing by 33% against the previous year. Overall, exports, however, recorded a deep setback. The exports peaked at 5 units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses skyrocketed to $16K in 2021. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Azerbaijan (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Russia7.66.515.643.3%
Kazakhstan1.5N/AN/A0%
OthersN/AN/AN/A0%
Total9.06.515.631.7%

Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from Azerbaijan in 2022:

  1. Russia (4.0 units)

Source: IndexBox Market Intelligence Platform

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