Salts; Molybdates Price in Azerbaijan - 2023
Contents:
Salts; Molybdates Price in Azerbaijan (CIF) - 2022
The average salts; molybdates import price stood at $15,013 per ton in 2022, waning by -4.3% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2017 an increase of 62% against the previous year. The import price peaked at $35,333 per ton in 2012; however, from 2013 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 Turkey ($72,000 per ton), while the price for Italy ($12,254 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 (+313.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Salts; Molybdates Imports in Azerbaijan
For the third year in a row, Azerbaijan recorded decline in purchases abroad of salts; molybdateses, which decreased by -41.3% to 1 tons in 2022. Over the period under review, imports showed a sharp decline. The smallest decline of -1.4% was in 2020.
In value terms, salts; molybdates imports declined sharply to $15K in 2022. In general, imports saw a sharp contraction. The smallest decline of -12.7% was in 2020.
| Import of Salts; Molybdates in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 34.5 | 11.7 | 2.5 | 11.8 | -30.1% |
| United Arab Emirates | N/A | N/A | 24.2 | 0.8 | -96.7% |
| Turkey | 10.9 | 21.9 | N/A | 0.1 | -79.1% |
| India | 1.8 | 4.4 | N/A | N/A | 144.4% |
| Poland | N/A | 3.6 | N/A | N/A | 0% |
| Others | 1.5 | 0.8 | N/A | 2.2 | 13.6% |
| Total | 48.6 | 42.5 | 26.7 | 15.0 | -32.4% |
Top Suppliers of Salts; Molybdates to Azerbaijan in 2022:
- Italy (966.0 kg)
- United Arab Emirates (12.0 kg)
- Turkey (2.0 kg)
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