Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Azerbaijan - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan (CIF) - 2022
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan (FOB) - 2022
  3. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan
  4. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan (CIF) - 2022

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $6.4 per unit in 2022, growing by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30%. Over the period under review, average import prices attained the maximum at $18 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cambodia ($20 per unit), while the price for Russia ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan (FOB) - 2022

In 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $10 per unit, increasing by 248% against the previous year. In general, the export price saw resilient growth. The pace of growth was the most pronounced in 2014 an increase of 3,282% against the previous year. As a result, the export price reached the peak level of $88 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($87 per unit), while the average price for exports to Georgia ($8 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan

In 2022, the amount of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted imported into Azerbaijan rose modestly to 1.6M units, picking up by 3% compared with 2021. In general, imports, however, continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 37%. Over the period under review, imports of hit record highs at 1.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted skyrocketed to $10M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.22.64.65.38.1%
Bangladesh0.70.40.91.426.0%
China1.10.50.81.0-3.1%
UzbekistanN/A0.20.20.1-29.3%
RussiaN/AN/AN/A0.10%
Others2.11.62.12.78.7%
Total8.15.48.610.48.7%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Azerbaijan in 2022:

  1. Turkey (1208.3K units)
  2. Bangladesh (192.1K units)
  3. China (53.4K units)
  4. Russia (46.5K units)
  5. Uzbekistan (29.0K units)

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan

After three years of growth, shipments abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -77.6% to 4.3K units in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 6,974%. Over the period under review, the exports of attained the maximum at 19K units in 2021, and then shrank rapidly in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted reduced rapidly to $44K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 319% against the previous year. Over the period under review, the exports of hit record highs at $56K in 2021, and then reduced markedly in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GeorgiaN/AN/A0.130.530400.0%
RussiaN/A6.0N/A7.713.3%
TurkeyN/A0.32.40.973.2%
JordanN/A16.346.8N/A187.1%
Others8.412.87.15.0-15.9%
Total8.435.456.444.073.7%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Azerbaijan in 2022:

  1. Georgia (3.8K units)
  2. Russia (0.3K units)
  3. Turkey (0.1K units)

Source: IndexBox Market Intelligence Platform

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