Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Azerbaijan - 2024
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Azerbaijan (CIF) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Azerbaijan
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Azerbaijan (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $64,113 per ton, with an increase of 25% against the previous year. In general, the import price showed a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 101%. Over the period under review, average import prices reached the peak figure at $86,821 per ton in 2020; however, from 2021 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 France ($1,118,938 per ton), while the price for Turkey ($8,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Azerbaijan
In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume increased by 177% to 40 tons. Over the period under review, imports continue to indicate notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $2.5M in 2022. In general, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 552 | 300 | 119 | 701 | 8.3% |
| United Kingdom | 331 | 466 | 298 | 534 | 17.3% |
| United States | 316 | 148 | 59.4 | 494 | 16.1% |
| Italy | 152 | 91.7 | 38.5 | 220 | 13.1% |
| Belgium | 93.0 | 86.1 | 70.7 | 163 | 20.6% |
| Netherlands | 17.6 | 26.3 | 26.7 | 110 | 84.2% |
| United Arab Emirates | 81.7 | 58.3 | 34.0 | 73.7 | -3.4% |
| Turkey | 8.8 | 6.0 | 3.6 | 6.2 | -11.0% |
| Others | 184 | 217 | 82.2 | 243 | 9.7% |
| Total | 1,737 | 1,399 | 732 | 2,545 | 13.6% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Azerbaijan in 2022:
- Germany (11.0 tons)
- Belgium (10.6 tons)
- Italy (5.6 tons)
- United Kingdom (4.6 tons)
- United States (4.4 tons)
- Netherlands (1.4 tons)
- United Arab Emirates (1.2 tons)
- Turkey (0.8 tons)
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