Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Azerbaijan - 2024

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Azerbaijan (CIF) - 2022
  2. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Azerbaijan

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Azerbaijan (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $3.7 per unit, rising by 3.3% against the previous year. Over the period under review, the import price, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $11 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3.7 per unit), while the price for China amounted to $1.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-3.2%).

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in purchases abroad of track suits; of synthetic fibres, knitted or crocheteds, which decreased by -46.8% to 391K units in 2022. Overall, imports faced a precipitous contraction. The smallest decline of -4.6% was in 2021. Over the period under review, imports of reached the maximum at 947K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds fell markedly to $1.4M in 2022. In general, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8% against the previous year. Imports peaked at $3.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.72.12.41.2-23.7%
China0.20.20.10.1-20.6%
Others0.40.20.20.1-37.0%
Total3.22.42.61.4-24.1%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Azerbaijan in 2022:

  1. Turkey (327.7K units)
  2. China (54.3K units)

Source: IndexBox Market Intelligence Platform

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