Azerbaijan - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAthletic Footwear Price in Azerbaijan - 2023
Contents:
- Athletic Footwear Price in Azerbaijan (CIF) - 2023
- Athletic Footwear Price in Azerbaijan (FOB) - 2022
- Athletic Footwear Imports in Azerbaijan
- Athletic Footwear Exports in Azerbaijan
Athletic Footwear Price in Azerbaijan (CIF) - 2023
The average athletic footwear import price stood at $3.9 per pair in September 2023, rising by 5.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in October 2022 an increase of 25% month-to-month. Over the period under review, average import prices hit record highs in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($3.8 per pair), while the price for Uzbekistan amounted to $1.8 per pair.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+4.5%).
Athletic Footwear Price in Azerbaijan (FOB) - 2022
The average athletic footwear export price stood at $0.7 per pair in 2022, dropping by -97.5% against the previous year. Overall, the export price continues to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 806% against the previous year. As a result, the export price attained the peak level of $29 per pair, and then dropped remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($101 per pair), while the average price for exports to Russia stood at $0.6 per pair.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+50.1%).
Athletic Footwear Imports in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in purchases abroad of athletic footwear, which increased by 39% to 3.2M pairs in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, athletic footwear imports surged to $6.6M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Athletic Footwear in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 3.2 | 4.3 | 5.6 | 24.5% |
Turkey | 0.1 | N/A | N/A | 0.3 | 44.2% |
Iran | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Others | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
Total | 3.9 | 4.1 | 5.2 | 6.6 | 19.2% |
Top Suppliers of Athletic Footwear to Azerbaijan in 2022:
- China (3128.2K pairs)
- Turkey (65.6K pairs)
- Iran (4.1K pairs)
Athletic Footwear Exports in Azerbaijan
In 2022, overseas shipments of athletic footwear increased by 20,818% to 2.3K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, athletic footwear exports soared to $1.7K in 2022. Over the period under review, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Athletic Footwear in Azerbaijan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 1,350 | 0% |
Georgia | 1,228 | 234 | 306 | 304 | -37.2% |
Others | 36.0 | 38.0 | 13.0 | N/A | -39.9% |
Total | 1,264 | 272 | 319 | 1,654 | 9.4% |
Top Export Markets for Athletic Footwear from Azerbaijan in 2022:
- Georgia (undefinedK pairs)
- Russia (2.3K pairs)
This report provides an in-depth analysis of the athletic footwear market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the athletic footwear market in Azerbaijan.
This report provides an in-depth analysis of the market for footwear with uppers of textile materials in Azerbaijan.
This report provides an in-depth analysis of the global athletic footwear market.
This report provides an in-depth analysis of the global market for footwear with uppers of textile materials.
This report provides an in-depth analysis of the athletic footwear market in Azerbaijan.
This report provides an in-depth analysis of the market for footwear with uppers of textile materials in Azerbaijan.
This report provides an in-depth analysis of the global athletic footwear market.
This report provides an in-depth analysis of the global market for footwear with uppers of textile materials.
There are a few major trends that are affecting the athletic footwear industry. The first is the athleisure trend, which has seen consumers become more interested in buying shoes that they can wear both for exercise and for everyday activities.
The global training shoes market showed steady growth, rising from X million pairs in 2007 to X million pairs in 2015. From 2007 to 2015, it expanded with a CAGR of +X>
There are a few major trends that are affecting the athletic footwear industry. The first is the athleisure trend, which has seen consumers become more interested in buying shoes that they can wear both for exercise and for everyday activities.
The global training shoes market showed steady growth, rising from X million pairs in 2007 to X million pairs in 2015. From 2007 to 2015, it expanded with a CAGR of +X>