Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan (CIF) - 2022
In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $294 per unit, increasing by 27% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2014 an increase of 4,046%. As a result, import price reached the peak level of $1,239 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,957 per unit), while the price for Turkey ($108 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $40 per unit, falling by -81.5% against the previous year. In general, the export price continues to indicate a sharp decrease. The most prominent rate of growth was recorded in 2015 an increase of 317% against the previous year. As a result, the export price reached the peak level of $4,789 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to -6.9% per year.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan
In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin imported into Azerbaijan contracted dramatically to 1.8K units, declining by -39.1% compared with the year before. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 274%. As a result, imports reached the peak of 2.9K units, and then fell rapidly in the following year.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin fell rapidly to $515K in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 100% against the previous year. Imports peaked at $695K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 361 | 155 | 306 | 235 | -13.3% |
| Italy | 158 | 90.6 | 126 | 127 | -7.0% |
| France | 122 | 75.3 | 52.3 | 82.8 | -12.1% |
| Turkey | 35.0 | 1.2 | 75.4 | 44.6 | 8.4% |
| Russia | 5.3 | 7.5 | 50.9 | 18.8 | 52.5% |
| Others | 13.3 | 2.9 | 55.9 | 7.5 | -17.4% |
| Total | 695 | 333 | 667 | 515 | -9.5% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Azerbaijan in 2022:
- China (1076.0 units)
- Turkey (414.0 units)
- Russia (169.0 units)
- Italy (43.0 units)
- France (43.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan
After two years of decline, shipments abroad of articles of apparel, clothing accessories and other articles of furskin decreased by -78.6% to 3 units in 2022. Overall, exports recorded a abrupt decline. The exports peaked at 14 units in 2021, and then reduced rapidly in the following year.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin declined significantly to $119 in 2022. Over the period under review, exports saw a significant contraction. The exports peaked at $3K in 2021, and then declined sharply in the following year.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 119 | 0% |
| Italy | N/A | N/A | 1,501 | N/A | 0% |
| Austria | 742 | N/A | N/A | N/A | 0% |
| Others | 875 | N/A | 1,500 | N/A | 30.9% |
| Total | 1,617 | N/A | 3,001 | 119 | -58.1% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Azerbaijan in 2022:
- Spain (1.0 units)
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