Price for Embroidery; in the Piece, in Strips or in Motifs in Azerbaijan - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Azerbaijan (CIF) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Azerbaijan
Price for Embroidery; in the Piece, in Strips or in Motifs in Azerbaijan (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $4,137 per ton in 2022, with a decrease of -14% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 70% against the previous year. The import price peaked at $7,967 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($20,717 per ton), while the price for China stood at $3,904 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.0%).
Imports of Embroidery; in the Piece, in Strips or in Motifs in Azerbaijan
In 2022, imports of embroidery; in the piece, in strips or in motifses into Azerbaijan reached 169 tons, picking up by 3.3% compared with the previous year. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 564%. Over the period under review, imports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of embroidery; in the piece, in strips or in motifses dropped to $700K in 2022. Overall, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 513% against the previous year. As a result, imports attained the peak of $788K, and then reduced in the following year.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 264 | 74.1 | 560 | 653 | 35.2% |
| Turkey | 85.8 | 14.5 | 67.5 | 36.6 | -24.7% |
| United Arab Emirates | 34.3 | 25.4 | 129 | N/A | 93.9% |
| Others | 22.4 | 14.5 | 31.0 | 10.0 | -23.6% |
| Total | 407 | 129 | 788 | 700 | 19.8% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Azerbaijan in 2022:
- China (167.3 tons)
- Turkey (1.8 tons)
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