Molybdenum; Wire Price in Azerbaijan - 2022
Contents:
Molybdenum; Wire Price in Azerbaijan (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $339,274 per ton, surging by 157% against the previous year. Over the period under review, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2017 to 2022, the rate of growth in terms of prices for Russia amounted to +12.4% per year.
Molybdenum; Wire Imports in Azerbaijan
In 2022, after two years of decline, there was decline in supplies from abroad of molybdenum; wires, when their volume decreased by -4.8% to 100 kg. In general, imports, however, showed a significant increase.
In value terms, molybdenum; wire imports soared to $34K in 2022. Overall, imports, however, saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Molybdenum; Wire in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 9.1 | 33.8 | 271.4% |
| China | N/A | N/A | 4.8 | N/A | 0% |
| India | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | N/A | 13.8 | 33.8 | 165.8% |
Top Suppliers of Molybdenum; Wire to Azerbaijan in 2022:
- Russia (100.0 kg)
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