Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Azerbaijan - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Azerbaijan (CIF) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Azerbaijan
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Azerbaijan (CIF) - 2023
In November 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $18,187 per ton, jumping by 19% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in June 2023 an increase of 19% against the previous month. The import price peaked in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($24,020 per ton), while the price for Turkey ($9,482 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in purchases abroad of wadding; other articles thereof, of man-made fibreses, which increased by 96% to 3.5K tons in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses dropped slightly to $28M in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, imports reached the peak of $29M, and then reduced slightly in the following year.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.4 | 3.9 | 8.0 | 7.5 | 165.7% |
| Ukraine | 6.9 | 12.7 | 15.8 | 7.2 | 1.4% |
| Turkey | 0.3 | 0.2 | 0.2 | 6.2 | 174.4% |
| Uzbekistan | N/A | N/A | N/A | 2.7 | 0% |
| Russia | 1.1 | 0.4 | 3.3 | 2.0 | 22.1% |
| Japan | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Bulgaria | 0.8 | 0.1 | 0.2 | 0.5 | -14.5% |
| United Arab Emirates | 1.7 | 0.4 | 0.7 | 0.4 | -38.3% |
| Others | 0.1 | 0.1 | 0.1 | 1.0 | 115.4% |
| Total | 11.3 | 17.7 | 28.8 | 28.4 | 36.0% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Azerbaijan in 2022:
- Turkey (2176.7 tons)
- Ukraine (414.7 tons)
- Lithuania (411.8 tons)
- Uzbekistan (151.0 tons)
- Russia (131.1 tons)
- United Arab Emirates (64.9 tons)
- Japan (56.8 tons)
- Bulgaria (52.6 tons)
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1496
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