Price for Woven Fabrics of Artificial Staple Fibres in Azerbaijan - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Azerbaijan (CIF) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Azerbaijan
Price for Woven Fabrics of Artificial Staple Fibres in Azerbaijan (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $5.1 per square meter in 2022, falling by -23.1% against the previous year. Over the period under review, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 206%. As a result, import price reached the peak level of $11 per square meter. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($8.5 per square meter), while the price for China totaled $4.8 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%).
Imports of Woven Fabrics of Artificial Staple Fibres in Azerbaijan
In 2022, after two years of decline, there was significant growth in purchases abroad of woven fabrics of artificial staple fibres, when their volume increased by 477% to 116K square meters. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of woven fabrics of artificial staple fibres soared to $592K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Woven Fabrics of Artificial Staple Fibres in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 145 | 95.5 | 74.2 | 524 | 53.5% |
Turkey | 24.7 | 21.3 | 48.8 | 65.2 | 38.2% |
United Arab Emirates | 55.1 | N/A | N/A | N/A | 0% |
Others | 19.5 | 10.7 | 10.3 | 2.8 | -47.6% |
Total | 244 | 127 | 133 | 592 | 34.4% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Azerbaijan in 2022:
- China (108.6K square meters)
- Turkey (7.7K square meters)
This report provides an in-depth analysis of the man-made filament fabric market in Azerbaijan.
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