Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan (CIF) - 2022
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $387 per thousand pairs in 2022, surging by 8.9% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 55% against the previous year. As a result, import price reached the peak level of $1.4 per pair. From 2014 to 2022, the average import prices remained at a lower figure.
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 ($1 per pair), while the price for China stood at $327 per thousand pairs.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%).
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan (FOB) - 2022
The average export price for gloves, mittens and mitts; knitted or crocheted stood at $856 per thousand pairs in 2022, waning by -42.5% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 824% against the previous year. As a result, the export price attained the peak level of $7.7 per pair. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1.9 per pair), while the average price for exports to Georgia totaled $486 per thousand pairs.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+9.2%).
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan
In 2022, overseas purchases of gloves, mittens and mitts; knitted or crocheted decreased by -9.6% to 8.5M pairs, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 9.6M pairs. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted dropped modestly to $3.3M in 2022. The total import value increased at an average annual rate of +6.4% 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 with an increase of 18% against the previous year. Imports peaked at $3.3M in 2021, and then declined slightly in the following year.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 2.6 | 2.7 | 2.6 | 4.2% |
| Turkey | 0.1 | 0.3 | 0.3 | 0.4 | 58.7% |
| Others | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Total | 2.7 | 3.2 | 3.3 | 3.3 | 6.9% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Azerbaijan in 2022:
- China (7.9M pairs)
- Turkey (0.4M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan
After two years of decline, overseas shipments of gloves, mittens and mitts; knitted or crocheted increased by 96,193% to 317K pairs in 2022. Overall, exports saw 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, mittens and mitts; knitted or crocheted surged to $271K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 155 | 0% |
| Georgia | 5.4 | 0.7 | N/A | 112 | 174.8% |
| Others | 0.8 | 1.9 | 0.5 | 4.5 | 77.8% |
| Total | 6.3 | 2.6 | 0.5 | 271 | 250.4% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Azerbaijan in 2022:
- Georgia (230.9K pairs)
- Russia (82.9K 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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