Price for Phosphates; N.E.S in Item No. 2835.2 in Azerbaijan - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Azerbaijan (CIF) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Azerbaijan
Price for Phosphates; N.E.S in Item No. 2835.2 in Azerbaijan (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $1,373 per ton in 2022, shrinking by -31.1% against the previous year. Overall, the import price, however, recorded a notable expansion. The growth pace was the most rapid in 2014 an increase of 64%. Over the period under review, average import prices reached the peak figure at $2,089 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 China ($1,381 per ton), while the price for Russia ($762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Azerbaijan
Imports of phosphates; n.e.s in item no. 2835.2s into Azerbaijan skyrocketed to 65 tons in 2022, jumping by 302% compared with the previous year. Overall, imports saw 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 phosphates; n.e.s in item no. 2835.2s soared to $90K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 9.4 | 2.2 | 58.5 | 112.5% |
| Turkey | 7.8 | 2.2 | 0.3 | 19.6 | 36.0% |
| Russia | 10.6 | 3.2 | 3.4 | 5.1 | -21.6% |
| United Arab Emirates | N/A | 26.6 | 22.7 | N/A | -14.7% |
| Others | 3.1 | 3.5 | 3.8 | 6.5 | 28.0% |
| Total | 27.5 | 44.9 | 32.4 | 89.7 | 48.3% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Azerbaijan in 2022:
- China (42.4 tons)
- Turkey (15.1 tons)
- Russia (6.8 tons)
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