Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Azerbaijan - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Azerbaijan (CIF) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Azerbaijan
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Azerbaijan (CIF) - 2022
In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $3,408 per unit, dropping by -8.1% against the previous year. Over the period under review, the import price, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 an increase of 2,908% against the previous year. Over the period under review, average import prices reached the maximum at $4,757 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,671 per unit), while the price for Iran ($1,284 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+101.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Azerbaijan
In 2022, approx. 4 units of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were imported into Azerbaijan; with a decrease of -60% on 2021. In general, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 43%. Over the period under review, imports of hit record highs at 48 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses reduced rapidly to $14K in 2022. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 405%. Imports peaked at $190K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.7 | 1.1 | 17.3 | 6.7 | 5.5% |
| China | 168 | 5.3 | 18.3 | 5.7 | -67.6% |
| Iran | 8.4 | 0.2 | 1.5 | 1.3 | -46.3% |
| United Kingdom | N/A | 0.3 | N/A | N/A | 0% |
| Others | 8.4 | 0.5 | N/A | N/A | -94.0% |
| Total | 190 | 7.3 | 37.1 | 13.6 | -58.5% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Azerbaijan in 2022:
- Turkey (2.0 units)
- Iran (1.0 units)
- China (1.0 units)
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