Price for Silk; Woven Fabrics of Noil Silk in Azerbaijan - 2024

Contents:

1. Price for Silk; Woven Fabrics of Noil Silk in Azerbaijan (FOB) - 2022
2. Price for Silk; Woven Fabrics of Noil Silk in Azerbaijan (CIF) - 2022
3. Exports of Silk; Woven Fabrics of Noil Silk in Azerbaijan
4. Imports of Silk; Woven Fabrics of Noil Silk in Azerbaijan

Price for Silk; Woven Fabrics of Noil Silk in Azerbaijan (FOB) - 2022

The average export price for silk; woven fabrics of noil silks stood at $70,147 per ton in 2022, jumping by 98% against the previous year. In general, the export price enjoyed a pronounced increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($73,194 per ton), while the average price for exports to the United Arab Emirates totaled $50,323 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+106.7%).

Price for Silk; Woven Fabrics of Noil Silk in Azerbaijan (CIF) - 2022

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $114,333 per ton, approximately reflecting the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 13% against the previous year. The import price peaked at $132,500 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2014 to 2022, the rate of growth in terms of prices for Italy amounted to +7.8% per year.

Exports of Silk; Woven Fabrics of Noil Silk in Azerbaijan

In 2022, exports of silk; woven fabrics of noil silks from Azerbaijan expanded significantly to 5.8 tons, picking up by 9.7% on 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of silk; woven fabrics of noil silks soared to $408K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Azerbaijan in 2022:

1. Iran (5.0 tons)
2. United Arab Emirates (0.8 tons)

Imports of Silk; Woven Fabrics of Noil Silk in Azerbaijan

In 2022, the amount of silk; woven fabrics of noil silks imported into Azerbaijan totaled 6 kg, stabilizing at the previous year. Over the period under review, imports recorded significant growth. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of silk; woven fabrics of noil silks amounted to $686 in 2022. Overall, imports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Azerbaijan in 2022:

1. Italy (6.0 kg)

Source: IndexBox Market Intelligence Platform