Report Update Nov 1, 2024

Azerbaijan - Bauxite - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Bauxite Market 2024

Bauxite Market Size in Azerbaijan

The Azerbaijani bauxite market soared to $X in 2022, rising by 606% against the previous year. In general, consumption, however, continues to indicate a sharp curtailment. Bauxite consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bauxite Production in Azerbaijan

In value terms, bauxite production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.9% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Bauxite Exports

Exports from Azerbaijan

In 2022, overseas shipments of bauxite decreased by -23.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated strong growth from 2020 to 2022: its volume increased at an average annual rate of +19.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of X tons, and then shrank notably in the following year.

In value terms, bauxite exports contracted remarkably to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 98%. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Turkey (X tons) was the main destination for bauxite exports from Azerbaijan, with a approx. 100% share of total exports.

From 2020 to 2022, the average annual growth rate of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for bauxite exports from Azerbaijan.

From 2020 to 2022, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average bauxite export price stood at $X per ton in 2022, dropping by -1.9% against the previous year. Over the last two years, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 when the average export price increased by 5.7% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined slightly in the following year.

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

From 2020 to 2022, the rate of growth in terms of prices for Georgia amounted to +5.7% per year.

Bauxite Imports

Imports into Azerbaijan

In 2019, approx. X tons of bauxite were imported into Azerbaijan; flattening at the previous year. Overall, imports continue to indicate a precipitous decrease. The smallest decline of 99.9% was in 2013. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2019, imports failed to regain momentum.

In value terms, bauxite imports totaled $X in 2019. In general, imports recorded a significant curtailment. The smallest decline of 99.9% was in 2013. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Ukraine (X tons) was the main supplier of bauxite to Azerbaijan, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Ukraine was relatively modest.

In value terms, Ukraine ($X) constituted the largest supplier of bauxite to Azerbaijan.

From 2012 to 2019, the average annual growth rate of value from Ukraine totaled -19.9%.

Import Prices by Country

In 2019, the average bauxite import price amounted to $X per ton, standing approx. at the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 798%. The import price peaked at $X per ton in 2015; however, from 2016 to 2019, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From 2012 to 2019, the rate of growth in terms of prices for Ukraine amounted to -19.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bauxite in the world?

China remains the largest bauxite consuming country worldwide, comprising approx. 48% of total volume. Moreover, bauxite consumption in China exceeded the figures recorded by the second-largest consumer, Australia, twofold. Brazil ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of bauxite in the world?

The countries with the highest volumes of in 2021 were Australia, Guinea and China, with a combined 68% share of global production.

What are the leading suppliers of bauxite to Azerbaijan?

In value terms, Guinea and India were the largest bauxite suppliers to Azerbaijan.

What is the average export price for bauxite in Azerbaijan?

The average bauxite export price stood at $37 per ton in 2021, approximately equating the previous year.

What is the average import price for bauxite in Azerbaijan?

The average bauxite import price stood at $138 per ton in 2021, with a decrease of -2.4% against the previous year.

This report provides an in-depth analysis of the bauxite market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291300 - Aluminium ores and concentrates

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023