Price for Slide Fasteners and Parts Thereof in Azerbaijan - 2023

Price for Slide Fasteners and Parts Thereof in Azerbaijan (CIF) - 2022

The average import price for slide fasteners and parts thereoves stood at less than $0.1 per unit in 2022, falling by -29.5% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 21%. Over the period under review, average import prices hit record highs at $0.2 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey (less than $0.1 per unit), while the price for Iran (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-3.4%), while the prices for the other major suppliers experienced a decline.

Price for Slide Fasteners and Parts Thereof in Azerbaijan (FOB) - 2022

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.1 per unit, surging by 78% against the previous year. Overall, the export price recorded a temperate expansion. The pace of growth was the most pronounced in 2016 an increase of 259%. As a result, the export price reached the peak level of $0.3 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($0.3 per unit), while the average price for exports to Latvia totaled less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-1.9%).

Imports of Slide Fasteners and Parts Thereof in Azerbaijan

In 2022, supplies from abroad of slide fasteners and parts thereoves was finally on the rise to reach 24M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, slide fasteners and parts thereof imports surged to $898K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Slide Fasteners and Parts Thereof in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	415	518	390	501	6.5%
China	32.2	24.5	26.1	386	128.9%
Iran	10.8	7.8	10.9	2.1	-42.1%
Ukraine	31.8	31.0	12.1	N/A	-38.3%
Others	103	54.0	71.6	9.0	-55.6%
Total	594	635	511	898	14.8%

Top Suppliers of Slide Fasteners and Parts Thereof to Azerbaijan in 2022:

China (14.2M units)
Turkey (10.2M units)
Iran (0.1M units)

Exports of Slide Fasteners and Parts Thereof in Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in overseas shipments of slide fasteners and parts thereoves, which increased by 656% to 51K units in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, slide fasteners and parts thereof exports soared to $7.7K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.