Flax Yarn Price in Azerbaijan - 2023
Contents:
Flax Yarn Price in Azerbaijan (CIF) - 2022
In 2022, the average flax yarn import price amounted to $7,943 per ton, leveling off at the previous year. Over the period under review, the import price posted moderate growth. The growth pace was the most rapid in 2014 when the average import price increased by 1,023% against the previous year. As a result, import price attained the peak level of $61,231 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +3.1% per year.
Flax Yarn Imports in Azerbaijan
In 2022, overseas purchases of flax yarns increased by 144% to 470 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a dramatic decline.
In value terms, flax yarn imports skyrocketed to $3.7K in 2022. In general, imports, however, saw a sharp decrease.
| Import of Flax Yarn in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.0 | 2.1 | 1.5 | 3.7 | -39.8% |
| China | 1.8 | N/A | N/A | N/A | 0% |
| Ukraine | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 20.2 | 2.1 | 1.5 | 3.7 | -43.2% |
Top Suppliers of Flax Yarn to Azerbaijan in 2022:
- Turkey (470.0 kg)
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