Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan (CIF) - 2022
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan (CIF) - 2022
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $3.3 per pair in 2022, increasing by 9.6% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 63%. As a result, import price attained the peak level of $17 per pair. From 2014 to 2022, the average 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 ($9.5 per pair), while the price for China stood at $2.8 per pair.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.0%).
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $8.6 per pair, dropping by -20.2% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 382% against the previous year. As a result, the export price reached the peak level of $51 per pair. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($13 per pair), while the average price for exports to Russia totaled $6.9 per pair.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-6.7%).
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan
In 2022, purchases abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -11.7% to 797K pairs, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports reached the peak of 924K pairs. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined to $2.6M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 2.4 | 2.2 | 2.1 | 3.4% |
| Turkey | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 2.2 | 2.7 | 2.7 | 2.6 | 5.7% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Azerbaijan in 2022:
- China (752.5K pairs)
- Turkey (28.7K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan
In 2022, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from Azerbaijan surged to 31K pairs, increasing by 118,838% on the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $267K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 153 | 0% |
| Georgia | 5.4 | 0.1 | N/A | 112 | 174.8% |
| Others | 0.7 | 0.1 | 0.3 | 1.3 | 22.9% |
| Total | 6.2 | 0.3 | 0.3 | 267 | 250.5% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Azerbaijan in 2022:
- Russia (22.3K pairs)
- Georgia (8.6K pairs)
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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