Report Update: May 1, 2024

Azerbaijan - Furnishing Articles, Furniture and Cushion Covers - Market Analysis, Forecast, Size, Trends And Insights

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Cushion Cover Price in Azerbaijan - 2023

Cushion Cover Price in Azerbaijan (CIF) - 2022

In 2022, the average cushion cover import price amounted to $3,520 per ton, falling by -27.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure at $12,693 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($7,605 per ton), while the price for China ($2,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Cushion Cover Price in Azerbaijan (FOB) - 2022

In 2022, the average cushion cover export price amounted to $5,939 per ton, waning by -41.3% against the previous year. In general, the export price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 an increase of 116% against the previous year. Over the period under review, the average export prices reached the maximum at $12,448 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +20.5% per year.

Cushion Cover Imports in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in purchases abroad of furnishing articles for car seats, which increased by 7.5% to 225 tons in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cushion cover imports declined remarkably to $791K in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, imports reached the peak of $1M, and then contracted significantly in the following year.

Import of Cushion Cover in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	109	157	343	518	68.1%
Turkey	343	176	475	136	-26.5%
Iran	14.3	38.7	49.4	43.7	45.1%
Others	94.3	127	146	93.7	-0.2%
Total	561	498	1,013	791	12.1%

Top Suppliers of Cushion Cover to Azerbaijan in 2022:

China (186.6 tons)
Turkey (17.8 tons)
Iran (14.1 tons)

Cushion Cover Exports in Azerbaijan

In 2022, cushion cover exports from Azerbaijan dropped rapidly to 1 kg, waning by -99.5% compared with 2021 figures. Over the period under review, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 98%. As a result, the exports attained the peak of 192 kg, and then reduced markedly in the following year.

In value terms, cushion cover exports shrank remarkably to $5 in 2022. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 330%. As a result, the exports attained the peak of $1.9K, and then plummeted in the following year.

Export of Cushion Cover in Azerbaijan (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Georgia	218	39.0	924	5.0	-71.6%
Spain	148	3.0	N/A	N/A	-98.0%
Russia	439	73.0	486	N/A	5.2%
United States	N/A	332	N/A	N/A	0%
Egypt	71.0	N/A	N/A	N/A	0%
Others	68.0	6.0	538	N/A	181.3%
Total	944	453	1,948	5.0	-82.6%

Top Export Markets for Cushion Cover from Azerbaijan in 2022:

Georgia (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023