Azerbaijan - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Azerbaijan - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights

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Hat and Headgear Price in Azerbaijan - 2023

Contents:

  1. Hat and Headgear Price in Azerbaijan (CIF) - 2022
  2. Hat and Headgear Price in Azerbaijan (FOB) - 2022
  3. Hat and Headgear Imports in Azerbaijan
  4. Hat and Headgear Exports in Azerbaijan

Hat and Headgear Price in Azerbaijan (CIF) - 2022

In 2022, the average hat and headgear import price amounted to $8.4 per unit, surging by 2% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 7.8% against the previous year. Over the period under review, average import prices hit record highs at $15 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($6.6 per unit), while the price for Iran ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.9%), while the prices for the other major suppliers experienced a decline.

Hat and Headgear Price in Azerbaijan (FOB) - 2022

The average hat and headgear export price stood at $3.4 per unit in 2022, falling by -81.4% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 46%. As a result, the export price attained the peak level of $25 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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 Germany ($25 per unit), while the average price for exports to China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+785.3%), while the prices for the other major destinations experienced mixed trend patterns.

Hat and Headgear Imports in Azerbaijan

In 2022, the amount of hats and other headgear imported into Azerbaijan soared to 468K units, with an increase of 56% on the previous year. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 106%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, hat and headgear imports soared to $3.9M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 78% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Hat and Headgear in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4501,0631,1541,73956.9%
China23033735756635.0%
Russia12512119290.8-10.1%
Belarus27761815567.1-37.7%
Pakistan10.17.32.636.052.8%
Iran12.841.38.412.4-1.1%
Others4555946111,43446.6%
Total1,5592,7812,4813,94636.3%

Top Suppliers of Hat and Headgear to Azerbaijan in 2022:

  1. Turkey (264.7K units)
  2. China (118.6K units)
  3. Russia (27.0K units)
  4. Pakistan (14.2K units)
  5. Iran (10.0K units)
  6. Belarus (3.2K units)

Hat and Headgear Exports in Azerbaijan

Hat and headgear exports from Azerbaijan soared to 4.3K units in 2022, picking up by 1,883% on the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports skyrocketed to $15K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hat and Headgear in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia8596911,2082,77047.7%
China55.05799672,440254.0%
Germany1033036051,823160.6%
Austria14.027.057.0674263.8%
Turkmenistan37113122.067221.9%
JordanN/A3,730520N/A-86.1%
Others2,8301,0716186,36031.0%
Total4,2326,5323,99714,73951.6%

Top Export Markets for Hat and Headgear from Azerbaijan in 2022:

  1. China (2797.0 units)
  2. Turkmenistan (761.0 units)
  3. Georgia (422.0 units)
  4. Germany (73.0 units)
  5. Austria (71.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hat and headgear market 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 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
  • Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
  • Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
  • Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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In value terms, hat-forms, hat bodies and hoods of felt exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value decreased at an average ann...

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In value terms, hat-shapes exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated so...

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In value terms, knitted and crocheted hats and other headgear exports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an ...

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Free Data: Hats And Other Headgear - Azerbaijan