Electric pipes for Azerbaijanis are twice as expensive than for foreigners

Azerbaijani manufacturers of high-voltage cables sell their products within the country are twice as expensive than export. Such conclusions can come, analyzing the statistics of the State District and Goskomstat.

So for 7 months of this year, Azerbaijan has rescued more than 1000 to about 800 thousand US dollars from exporting electrical conductors. At the same time, according to the data provided by the State Customs Committee, the average import value of this product exceeds the export cost by 2.7 times.

The report said that in January-July 278 tons were exported, 583 tons of electrical conductors of more than 1000 V. The average export value of this product was $ 2,876 per 1 ton, and import cost – 7,951 $ / t.

At the same time, according to UN ComTrade (UN Statistical Service for International Trade), 6.7 tons of electrical conductors of more than 1000 B at a price of $ 6,750 / t were supplied to Italy from Azerbaijan in April of this year. at a price of $ 2,658 / t.

In 2020, more than 1,500 tons of electrical conductors were produced in Azerbaijan over 1,500 V. over the year 1,370.6 tons of products total value of 13.4 million manat or 9357.5 manat / t (5,739 $ / t) , reports GKS. Thus, it becomes obvious that in the local market, domestic manufacturers of high-voltage cables sell the goods more than twice as expensive than export.