Azerbaijan: Curtains Market 2024

Curtains Market Size in Azerbaijan

In 2022, the Azerbaijani curtains market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a significant expansion. Curtains consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Curtains Production in Azerbaijan

In value terms, curtains production expanded modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Curtains Exports

Exports from Azerbaijan

In 2022, the amount of curtains and interior blinds exported from Azerbaijan contracted rapidly to X square meters, declining by X% against the previous year. Overall, exports recorded a sharp setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, curtains exports contracted dramatically to $X in 2022. In general, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X square meters) was the main destination for curtains exports from Azerbaijan, accounting for a X% share of total exports. Moreover, curtains exports to Switzerland exceeded the volume sent to the second major destination, Turkey (X square meters), twofold. The third position in this ranking was taken by Georgia (X square meters), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Georgia (X% per year).

In value terms, the largest markets for curtains exported from Azerbaijan were Russia ($X), Switzerland ($X) and Turkey ($X), together comprising X% of total exports.

In terms of the main countries of destination, Switzerland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average curtains export price stood at $X per square meter in 2022, declining by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per square meter), while the average price for exports to Georgia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Curtains Imports

Imports into Azerbaijan

In 2022, purchases abroad of curtains and interior blinds increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, curtains imports expanded notably to $X in 2022. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X square meters) was the main supplier of curtains to Azerbaijan, with a X% share of total imports. Moreover, curtains imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Iran (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of curtains and interior blinds to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Iran (X% per year).

Import Prices by Country

The average curtains import price stood at $X per square meter in 2022, shrinking by X% against the previous year. In general, the import price showed a pronounced descent. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per square meter in 2015; however, from 2016 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 Turkey ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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