Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan - 2023

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan (CIF) - 2022

In 2022, the average import price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $3,856 per ton, shrinking by -1.7% against the previous year. In general, the import price faced a precipitous contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 397%. Over the period under review, average import prices attained the peak figure at $93,583 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($12,867 per ton), while the price for Iran ($2,484 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+18.0%), while the prices for the other major suppliers experienced a decline.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan (FOB) - 2022

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $3,667 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 34%. Over the period under review, the average export prices hit record highs at $13,272 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2014 to 2022, the rate of growth in terms of prices for Georgia amounted to -18.1% per year.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan

Imports of twine, cordage or rope; knotted netting, of other than man-made textileses into Azerbaijan fell significantly to 45 tons in 2022, with a decrease of -28.8% against the previous year. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of 63 tons, and then dropped markedly in the following year.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses reduced dramatically to $174K in 2022. Overall, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of $248K, and then shrank rapidly in the following year.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Azerbaijan in 2022:

1. Turkey (30.4 tons)
2. China (12.9 tons)
3. Iran (0.9 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Azerbaijan

After two years of decline, shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses decreased by 0% to 15 kg in 2022. In general, exports faced a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $55 in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of 99.9% was in 2020.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Azerbaijan in 2022:

1. Luxembourg (15.0 kg)

Source: IndexBox Market Intelligence Platform