Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Azerbaijan - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Azerbaijan (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Azerbaijan
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Azerbaijan (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $3,900 per ton in 2022, approximately equating the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 56%. Over the period under review, average import prices attained the maximum at $8,127 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3,900 per ton), while the price for China stood at $3,613 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.6%).
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Azerbaijan
In 2022, overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by 0% to 151 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $589K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.3 | 2.5 | N/A | 589 | 463.0% |
| China | 1.0 | 2.9 | N/A | 0.1 | -53.6% |
| Italy | 4.2 | 2.5 | N/A | N/A | -40.5% |
| Others | N/A | 0.9 | N/A | N/A | 0% |
| Total | 8.5 | 8.7 | N/A | 589 | 310.7% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Azerbaijan in 2022:
- Turkey (151.1 tons)
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