Price for Clothing; Parts, Knitted or Crocheted in Azerbaijan - 2023

Contents:

  1. Price for Clothing; Parts, Knitted or Crocheted in Azerbaijan (CIF) - 2022
  2. Imports of Clothing; Parts, Knitted or Crocheted in Azerbaijan

Price for Clothing; Parts, Knitted or Crocheted in Azerbaijan (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $2,853 per ton in 2022, shrinking by -28.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 109%. Over the period under review, average import prices hit record highs at $9,109 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($5,958 per ton), while the price for China ($1,840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Clothing; Parts, Knitted or Crocheted in Azerbaijan

In 2022, approx. 31 tons of clothing; parts, knitted or crocheted were imported into Azerbaijan; jumping by 459% on the previous year. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports surged to $88K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clothing; Parts, Knitted or Crocheted in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan2.7N/AN/A34.5133.8%
China5.818.25.727.067.0%
Turkey15.75.14.623.814.9%
IranN/A14.6N/A1.3-70.2%
Others8.53.611.71.3-46.5%
Total32.741.521.987.839.0%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Azerbaijan in 2022:

  1. China (14.7 tons)
  2. Turkey (10.0 tons)
  3. Uzbekistan (5.8 tons)
  4. Iran (0.3 tons)

Source: IndexBox Market Intelligence Platform

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