Price for Bedspreads; Not Knitted or Crocheted in Azerbaijan - 2023

Contents:

  1. Price for Bedspreads; Not Knitted or Crocheted in Azerbaijan (CIF) - 2023
  2. Price for Bedspreads; Not Knitted or Crocheted in Azerbaijan (FOB) - 2022
  3. Imports of Bedspreads; Not Knitted or Crocheted in Azerbaijan
  4. Exports of Bedspreads; Not Knitted or Crocheted in Azerbaijan

Price for Bedspreads; Not Knitted or Crocheted in Azerbaijan (CIF) - 2023

The average import price for bedspreads; not knitted or crocheteds stood at $5.4 per unit in September 2023, surging by 8.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 67% m-o-m. The import price peaked at $9.4 per unit in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($11.0 per unit), while the price for China totaled $4.6 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+4.8%).

Price for Bedspreads; Not Knitted or Crocheted in Azerbaijan (FOB) - 2022

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $0.5 per unit, with a decrease of -93.3% against the previous year. Over the period under review, the export price saw a sharp decrease. The growth pace was the most rapid in 2015 when the average export price increased by 161% against the previous year. As a result, the export price attained the peak level of $19 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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 Turkey amounted to -3.4% per year.

Imports of Bedspreads; Not Knitted or Crocheted in Azerbaijan

In 2022, approx. 272K units of bedspreads; not knitted or crocheteds were imported into Azerbaijan; with a decrease of -46% compared with the previous year's figure. Overall, imports, however, posted a pronounced increase. The pace of growth was the most pronounced in 2021 with an increase of 148% against the previous year. As a result, imports attained the peak of 503K units, and then dropped notably in the following year.

In value terms, bedspreads; not knitted or crocheted imports shrank notably to $1.4M in 2022. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year. As a result, imports attained the peak of $2.5M, and then shrank significantly in the following year.

Import of Bedspreads; Not Knitted or Crocheted in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,1228871,747994-4.0%
China3602766384144.8%
Others71.471.114139.1-18.2%
Total1,5531,2342,5271,447-2.3%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to Azerbaijan in 2022:

  1. China (155.9K units)
  2. Turkey (111.7K units)

Exports of Bedspreads; Not Knitted or Crocheted in Azerbaijan

In 2022, after three years of growth, there was significant decline in overseas shipments of bedspreads; not knitted or crocheteds, when their volume decreased by -99.9% to 2 units. In general, exports recorded a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 571% against the previous year. The exports peaked at 1.4K units in 2021, and then contracted rapidly in the following year.

In value terms, bedspreads; not knitted or crocheted exports fell dramatically to $1 in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 705%. The exports peaked at $11K in 2021, and then fell dramatically in the following year.

Export of Bedspreads; Not Knitted or Crocheted in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CroatiaN/A10.3N/AN/A0%
Georgia1.30.110.7N/A186.9%
OthersN/AN/AN/AN/A0%
Total1.310.410.7N/A186.9%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from Azerbaijan in 2022:

    Source: IndexBox Market Intelligence Platform

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