Artificial Graphite Price in Azerbaijan - 2023

Contents:

  1. Artificial Graphite Price in Azerbaijan (CIF) - 2022
  2. Artificial Graphite Price in Azerbaijan (FOB) - 2022
  3. Artificial Graphite Imports in Azerbaijan
  4. Artificial Graphite Exports in Azerbaijan

Artificial Graphite Price in Azerbaijan (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $1,367 per ton, rising by 117% against the previous year. In general, the import price, however, saw a pronounced setback. Over the period under review, average import prices attained the maximum at $3,582 per ton in 2013; however, from 2014 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 Malaysia ($1,760 per ton), while the price for Ukraine ($430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Price in Azerbaijan (FOB) - 2022

In 2022, the average artificial graphite export price amounted to $44 per ton, waning by -15.2% against the previous year. Overall, the export price recorded a deep setback. The growth pace was the most rapid in 2013 when the average export price increased by 1,612% against the previous year. Over the period under review, the average export prices attained the maximum at $2,935 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -3.5% per year.

Artificial Graphite Imports in Azerbaijan

In 2022, the amount of artificial graphite imported into Azerbaijan surged to 263 tons, picking up by 21% on the previous year's figure. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 172%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, artificial graphite imports surged to $360K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Artificial Graphite in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.422.2N/A16789.9%
BrazilN/AN/AN/A1420%
Ukraine18.163.271.419.22.0%
RussiaN/AN/AN/A16.70%
MalaysiaN/AN/AN/A8.80%
Romania5.343.142.1N/A181.8%
Others39.75.523.56.5-45.3%
Total87.513413736060.2%

Top Suppliers of Artificial Graphite to Azerbaijan in 2022:

  1. China (101.0 tons)
  2. Brazil (99.5 tons)
  3. Ukraine (44.7 tons)
  4. Russia (11.6 tons)
  5. Malaysia (5.0 tons)

Artificial Graphite Exports in Azerbaijan

In 2022, the amount of artificial graphite exported from Azerbaijan skyrocketed to 10K tons, jumping by 907% on the previous year. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial graphite exports soared to $448K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Artificial Graphite in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran5.4N/A52.5448336.1%
OthersN/AN/AN/AN/A0%
Total5.4N/A52.5448336.1%

Top Export Markets for Artificial Graphite from Azerbaijan in 2022:

  1. Iran (10.3K tons)

Source: IndexBox Market Intelligence Platform

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