Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Azerbaijan - 2022

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Azerbaijan (CIF) - 2022
  2. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Azerbaijan

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Azerbaijan (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,253 per ton in 2022, surging by 1.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 122%. As a result, import price attained the peak level of $3,001 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($2,738 per ton), while the price for the United Arab Emirates totaled $2,248 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.3%).

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Azerbaijan

In 2022, supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -9.8% to 118 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 102,276% against the previous year. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning shrank to $266K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 46,020% against the previous year. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A1,979284264-63.5%
AustriaN/A92.6N/AN/A0%
Others4.53.56.22.5-17.8%
Total4.52,075290266289.5%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Azerbaijan in 2022:

  1. United Arab Emirates (117.4 tons)

Source: IndexBox Market Intelligence Platform

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