Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Azerbaijan - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Azerbaijan (CIF) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Azerbaijan
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Azerbaijan (CIF) - 2022
In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,430 per ton, increasing by 11% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 an increase of 178%. As a result, import price attained the peak level of $2,998 per ton. From 2014 to 2022, the average 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 ($2,527 per ton), while the price for China amounted to $1,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Azerbaijan
In 2022, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Azerbaijan declined markedly to 31 tons, shrinking by -43.6% on the year before. In general, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 219%. As a result, imports attained the peak of 54 tons, and then dropped sharply in the following year.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined significantly to $74K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 272% against the previous year. As a result, imports reached the peak of $118K, and then declined dramatically in the following year.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 39.2 | 31.8 | 114 | 71.6 | 22.2% |
| China | 0.1 | N/A | 3.8 | 2.7 | 200.0% |
| South Korea | 2.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 42.2 | 31.8 | 118 | 74.3 | 20.8% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Azerbaijan in 2022:
- Turkey (28.3 tons)
- China (2.2 tons)
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