BAKU, Azerbaijan, October 12. The production of metallurgical industry products and finished metal products in Azerbaijan decreased in value terms by 29.11 percent to 800.8 million manat ($471.1 million) from January through August 2023 (1.1 billion manat, or $647.1 million in the same period last year), Trend reports.
Summary table of production of the metallurgical industry of Azerbaijan based on the data of the State Statistics Committee:
Types of products |
Manufactured from January through September 2023 |
Difference (compared with January through September 2022) |
Quantity of finished products in warehouses as of October 1, 2023 |
Cast steel |
238,300 tons |
- 19.4 percent |
15,100 tons |
Rebar |
240,100 tons |
- 29.8 percent |
9,200 tons |
Steel pipes |
233,100 tons |
by 2.6 times |
1,500 tons |
Raw lead, aluminum, zinc, nickel |
25,600 tons |
9.4 percent |
5,100 tons |
Aluminum products |
28,622.9 tons |
- 26.7 percent |
3,781.1 tons |
Metal structures |
17,884.3 tons |
- 44 percent |
11,327.8 tons |
Metalwork |
15,279.3 tons |
47.2 percent |
60.7 tons |
The production of metallurgical industry products and finished metal products in Azerbaijan increased in value terms by 26.06 percent to 1.3 billion manat ($764.7 million) in 2022.
In general, the production of products of the metallurgical industry of Azerbaijan increased by 38.5 percent, or 442 million manat ($260 million) compared to 2020 - to 1.1 billion manat ($647.1 million) in 2021.