Azerbaijan: Market for Refractory Products of Siliceous or Diatomite Earths 2025

Market Size for Refractory Products of Siliceous or Diatomite Earths in Azerbaijan

The Azerbaijani market for refractory products of siliceous or diatomite earths shrank sharply to $X in 2021, with a decrease of -21.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a dramatic decrease. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from Azerbaijan

In 2019, approx. X tons of refractory products of siliceous or diatomite earths were exported from Azerbaijan; approximately reflecting 2018. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at X tons in 2018, and then declined in the following year.

In value terms, exports of refractory products of siliceous or diatomite earths expanded modestly to $X in 2019. The total export value increased at an average annual rate of +1.5% over the period from 2018 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X tons) was the main destination for exports of refractory products of siliceous or diatomite earths from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of volume to Georgia was relatively modest.

In value terms, Georgia ($X) also remains the key foreign market for refractory products of siliceous or diatomite earths exports from Azerbaijan.

From 2018 to 2019, the average annual growth rate of value to Georgia stood at +1.5%.

Export Prices by Country

In 2019, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, with an increase of 2.4% against the previous year. Over the period from 2018 to 2019, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2018 to 2019, the rate of growth in terms of prices for Georgia amounted to +3.6% per year.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into Azerbaijan

In 2021, overseas purchases of refractory products of siliceous or diatomite earths decreased by -42.6% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2019 when imports increased by 632%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of refractory products of siliceous or diatomite earths skyrocketed to $X in 2021. Over the period under review, imports recorded a precipitous descent. The growth pace was the most rapid in 2019 when imports increased by 466% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest refractory products of siliceous or diatomite earths supplier to Azerbaijan, accounting for a 74% share of total imports. Moreover, imports of refractory products of siliceous or diatomite earths from Germany exceeded the figures recorded by the second-largest supplier, Iran (X tons), eightfold. Turkey (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-50.3% per year) and Turkey (-38.3% per year).

In value terms, Germany ($X) constituted the largest supplier of refractory products of siliceous or diatomite earths to Azerbaijan, comprising 79% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.5% share of total imports. It was followed by India, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-16.8% per year) and India (+90.0% per year).

Import Prices by Country

The average import price for refractory products of siliceous or diatomite earths stood at $X per ton in 2021, with an increase of 143% against the previous year. In general, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 240% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+34.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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