Azerbaijan sees growth in production value of construction materials by over 20%

Economy Materials 20 May 2023 17:02 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 20. The production value of construction materials grew in Azerbaijan from January through March 2023, the State Statistical Committee told Trend.

According to the committee, this figure amounted to 300.9 million manat ($177 million), up by 20.5 percent on annual basis.

Types of products

Manufacturing volume for 4M2023

Difference (compared to 4M2022)

Finished products in warehouses as of May 1, 2023

Cement

1.04 million tons

- 0.1 percent

91,600 tons

Construction gypsum

20,500 tons

2.3 times

2,000 tons

Cement clinker

1.04 million tons

1.7 percent

384,600 tons

Limestone

20,100 tons

89.6 percent

3,300 tons

Precast concrete building structures

8,400 cubic meters

- 34.4 percent

3,500 cubic meters

Asphalt

22,100 tons

-12.6 percent

300 tons

Building bricks

174,900 cubic meters

- 25.1 percent

700 cubic meters

Concrete

1.1 million tons

19 percent

-

Construction glass

3 million square meters

+ 32.4 percent

2.3 million square meters

Construction materials worth 1.08 billion manat ($635.2 million) were manufactured in Azerbaijan last year, up by 12.5 percent against 2021.

In 2021, the manufacturing value of the materials amounted to 871.8 million manat ($512.82 million), which was 80.6 percent higher than in 2020.

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