Price for Rubber Thread and Cord; Textile Covered in Azerbaijan - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Azerbaijan (CIF) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Azerbaijan
Price for Rubber Thread and Cord; Textile Covered in Azerbaijan (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $2,916 per ton in 2022, rising by 5.1% against the previous year. Overall, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 98% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Ireland ($3,907 per ton), while the price for Iran ($988 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.1%).
Imports of Rubber Thread and Cord; Textile Covered in Azerbaijan
Imports of rubber thread and cord; textile covereds into Azerbaijan amounted to 121 tons in 2022, increasing by 4.3% compared with 2021. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, imports attained the peak of 134 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of rubber thread and cord; textile covereds expanded sharply to $352K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Rubber Thread and Cord; Textile Covered in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 156 | 261 | 302 | 228 | 13.5% |
| Ireland | N/A | N/A | N/A | 100 | 0% |
| Iran | 19.1 | 5.5 | 2.5 | 2.4 | -49.9% |
| Others | 38.3 | 37.1 | 16.8 | 22.0 | -16.9% |
| Total | 214 | 304 | 321 | 352 | 18.0% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Azerbaijan in 2022:
- Turkey (89.7 tons)
- Ireland (25.6 tons)
- Iran (2.4 tons)
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