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Value of metal ore production rises sharply in Azerbaijan in 1Q2025

Economy Materials 17 April 2025 03:19 (UTC +04:00)
Value of metal ore production rises sharply in Azerbaijan in 1Q2025
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, April 17. The value of metal ore production in Azerbaijan reached 133.7 million manat ($78.6 million) from January through March 2025.

Data obtained by Trend from the State Statistical Committee indicates this represents an increment of 88.2 million manat ($51.8 million), which is a 2.9-fold enhancement relative to the corresponding timeframe of the previous fiscal year, where the figure stood at 45.5 million manat ($26.7 million).

The aggregate output valuation within the mining sector for the first quarter of 2025 reached 9.9 billion manat ($5.8 billion), indicating a contraction of three percent relative to the analogous timeframe of the preceding fiscal year.

The primary output of the industry—commercially viable oil—constituted 6.8 million metric tons. Marketable natural gas production achieved a volume of 9.8 billion cubic meters. Despite a contraction in marketable oil output by 5.5 percent relative to the corresponding timeframe of the previous fiscal year, there was a marginal uptick in marketable gas production, which rose by 1.1 percent.

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