Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Azerbaijan - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Azerbaijan (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Azerbaijan

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Azerbaijan (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $3,700 per ton in 2022, reducing by -8.8% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 43% against the previous year. Over the period under review, average import prices reached the maximum at $5,110 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($5,065 per ton), while the price for China totaled $3,642 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.1%).

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Azerbaijan

In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Azerbaijan surged to 394 tons, rising by 259% compared with the year before. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $1.5M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5901854121,39233.1%
Turkey7.017.331.732.266.3%
Others1.32.41.535.2200.3%
Total5982054451,45934.6%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Azerbaijan in 2022:

  1. China (382.2 tons)
  2. Turkey (6.4 tons)

Source: IndexBox Market Intelligence Platform

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