Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Azerbaijan - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Azerbaijan (FOB) - 2022
2. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Azerbaijan

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Azerbaijan (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $700 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price faced a sharp contraction. The pace of growth appeared the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,000 per ton in 2019; however, from 2020 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 Turkey.

From 2019 to 2022, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Azerbaijan

After two years of decline, shipments abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by 0% to 18 tons in 2022. Over the period under review, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses totaled $13K in 2022. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Azerbaijan in 2022:

1. Turkey (17.9 tons)

Source: IndexBox Market Intelligence Platform