Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $2,203 per ton, surging by 2.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 66%. As a result, import price attained the peak level of $3,963 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,582 per ton), while the price for Iran ($1,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $6,875 per ton, growing by 31% against the previous year. In general, the export price, however, recorded a deep slump. Over the period under review, the average export prices attained the maximum at $14,315 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2015 to 2022, the rate of growth in terms of prices for Turkey amounted to -0.5% per year.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan
Imports of cotton yarn (other than sewing thread), put up for retail sale into Azerbaijan shrank dramatically to 20 tons in 2022, reducing by -42.1% against 2021 figures. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 908%. As a result, imports attained the peak of 35 tons, and then reduced sharply in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale contracted sharply to $45K in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 450%. As a result, imports reached the peak of $76K, and then reduced remarkably in the following year.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 20.1 | 9.5 | 41.2 | 24.0 | 6.1% |
China | 11.9 | 1.5 | 26.2 | 17.5 | 13.7% |
Iran | 0.9 | 0.6 | 5.5 | 3.3 | 54.2% |
Others | 3.4 | 2.2 | 3.1 | 0.1 | -69.1% |
Total | 36.3 | 13.8 | 76.0 | 45.0 | 7.4% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Azerbaijan in 2022:
- Turkey (9.3 tons)
- China (8.8 tons)
- Iran (2.4 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan
After two years of decline, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -86% to 8 kg in 2022. Overall, exports showed a sharp downturn.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale contracted significantly to $55 in 2022. In general, exports showed a precipitous curtailment.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Azerbaijan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | N/A | N/A | N/A | 55.0 | 0% |
Russia | N/A | N/A | 300 | N/A | 0% |
Georgia | 516 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 516 | N/A | 300 | 55.0 | -52.6% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Azerbaijan in 2022:
- Norway (8.0 kg)
This report provides an in-depth analysis of the cotton yarn market in Azerbaijan.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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