Azerbaijan - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in Azerbaijan - 2023
Contents:
- Leather Apparel Price in Azerbaijan (CIF) - 2023
- Leather Apparel Price in Azerbaijan (FOB) - 2022
- Leather Apparel Imports in Azerbaijan
- Leather Apparel Exports in Azerbaijan
Leather Apparel Price in Azerbaijan (CIF) - 2023
The average leather apparel import price stood at $47.7 per unit in November 2023, jumping by 23% against the previous month. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in January 2023 an increase of 174% m-o-m. Over the period under review, average import prices attained the maximum at $212 per unit in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($179 per unit), while the price for Turkey ($33.1 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Apparel Price in Azerbaijan (FOB) - 2022
In 2022, the average leather apparel export price amounted to $9.6 per unit, reducing by -98.8% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2015 an increase of 378%. The export price peaked at $789 per unit in 2021, and then fell significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to -1.1% per year.
Leather Apparel Imports in Azerbaijan
Leather apparel imports into Azerbaijan dropped markedly to 87K units in 2022, falling by -32.3% against 2021 figures. In general, imports, however, enjoyed a tangible increase. The growth pace was the most rapid in 2021 when imports increased by 238%. As a result, imports attained the peak of 129K units, and then shrank remarkably in the following year.
In value terms, leather apparel imports reduced slightly to $2.5M in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.0% 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 +57.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of $2.6M, and then declined slightly in the following year.
| Import of Leather Apparel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,469 | 1,025 | 1,977 | 1,793 | 6.9% |
| India | 370 | 188 | 242 | 257 | -11.4% |
| Pakistan | 27.9 | 16.1 | 17.8 | 37.4 | 10.3% |
| China | 60.8 | 16.0 | 41.5 | 16.3 | -35.5% |
| Others | 501 | 345 | 316 | 403 | -7.0% |
| Total | 2,429 | 1,591 | 2,594 | 2,506 | 1.0% |
Top Suppliers of Leather Apparel to Azerbaijan in 2022:
- Turkey (82.2K units)
- India (1.7K units)
- China (1.5K units)
- Pakistan (1.3K units)
Leather Apparel Exports in Azerbaijan
Leather apparel exports from Azerbaijan surged to 300 units in 2022, growing by 2,208% compared with 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, leather apparel exports dropped significantly to $2.9K in 2022. Over the period under review, exports enjoyed significant growth. Over the period under review, the exports reached the peak figure at $10K in 2021, and then fell markedly in the following year.
| Export of Leather Apparel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 2.9 | 0% |
| Sweden | 0.2 | N/A | N/A | N/A | 0% |
| Austria | 0.7 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | 10.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | N/A | 10.3 | 2.9 | 47.7% |
Top Export Markets for Leather Apparel from Azerbaijan in 2022:
- Kazakhstan (300.0 units)
This report provides an in-depth analysis of the leather apparel 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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