BAKU, Azerbaijan, February 21. The manufacturing value of metallurgical products in Azerbaijan decreased in January 2023, Trend reports via the report of the Azerbaijani State Statistics Committee.
According to the report, this figure amounted to 71.1 million manat ($41.8 million), down by 43.75 percent.
Manufacturing volume of metallurgical products:
Types of products |
Manufactured in January 2023 |
Difference compared to 2022 (percent) |
Amount of products stored in warehouses as of February 1, 2023 |
Cast steel |
27,100 tons |
83.4 |
3,800 tons |
Rebar |
26,600 tons |
72.7 |
77,500 tons |
Steel pipes |
18,200 tons |
2 times |
2,500 tons |
Raw aluminum |
4,200 tons |
2.2 times |
7,800 tons |
Aluminum bars, shafts and profiles |
1,845 tons |
28.5 |
5,185 tons |
Other ferrous metal structures |
1,350 tons |
35.2 |
11,000 tons |
Copper stranded wires without electrical insulation, ropes and cables |
2,192 tons |
130.2 |
60,7 tons |
The metallurgical industry production and fabricated metal products in Azerbaijan increased in value terms by 26.06 percent to 1.327 billion manat ($780.5 million) in 2022.
Production in the metallurgical industry of Azerbaijan increased by 38.5 percent (to over 1.1 billion manat or $647 million), or 442 million manat ($260 million) in 2021 compared to 2020.