Price for Wool, Not Carded or Combed in Azerbaijan - 2021

Contents:

  1. Price for Wool, Not Carded or Combed in Azerbaijan (CIF) - 2022
  2. Imports of Wool, Not Carded or Combed in Azerbaijan

Price for Wool, Not Carded or Combed in Azerbaijan (CIF) - 2022

In 2022, the average import price for wool, not carded or combed amounted to $315 per ton, falling by -69.9% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 179%. As a result, import price reached the peak level of $1,045 per ton, and then shrank markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -2.9% per year.

Imports of Wool, Not Carded or Combed in Azerbaijan

After two years of decline, supplies from abroad of wool, not carded or combed increased by 186% to 13 tons in 2022. In general, imports, however, continue to indicate a dramatic decrease.

In value terms, wool, not carded or combed imports reduced to $4K in 2022. Over the period under review, imports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year.

Import of Wool, Not Carded or Combed in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia24.43.4N/A4.0-45.3%
Russia28.2N/AN/AN/A0%
United Arab EmiratesN/AN/A4.6N/A0%
OthersN/AN/AN/AN/A0%
Total52.73.44.64.0-57.7%

Top Suppliers of Wool, Not Carded or Combed to Azerbaijan in 2022:

  1. Georgia (12.7 tons)

Source: IndexBox Market Intelligence Platform

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