Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan - 2023

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan (CIF) - 2023
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan (CIF) - 2023

In December 2023, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $6,355 per ton, dropping by -3.8% against the previous month. Overall, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in May 2023 an increase of 174% against the previous month. As a result, import price attained the peak level of $7,554 per ton. From June 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($6,358 per ton), while the price for China stood at $5,126 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+8.3%).

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $313 per ton, approximately reflecting the previous year. Overall, the export price faced a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 48% against the previous year. The export price peaked at $14,209 per ton in 2015; however, from 2016 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 Qatar.

From 2013 to 2022, the rate of growth in terms of prices for Qatar amounted to -24.1% per year.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan

In 2022, purchases abroad of tents of textile materials other than cotton or synthetic fibreses decreased by -47.4% to 156 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 669% against the previous year. As a result, imports reached the peak of 397 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses reduced sharply to $728K in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 554% against the previous year.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Azerbaijan in 2022:

1. Turkey (137.8 tons)
2. China (12.9 tons)
3. Iran (4.6 tons)
4. Russia (0.3 tons)
5. Pakistan (0.1 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Azerbaijan

In 2022, after two years of decline, there was decline in shipments abroad of tents of textile materials other than cotton or synthetic fibreses, when their volume decreased by 0% to 480 kg. Over the period under review, exports saw a significant increase. 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 tents of textile materials other than cotton or synthetic fibreses amounted to $150 in 2022. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Azerbaijan in 2022:

1. Qatar (480.0 kg)

Source: IndexBox Market Intelligence Platform