Report Update Apr 1, 2024

Azerbaijan - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Cotton Lint Market 2024

Cotton Lint Market Size in Azerbaijan

The Azerbaijani cotton lint market soared to $X in 2022, jumping by X% against the previous year. In general, consumption continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cotton Lint Production in Azerbaijan

In value terms, cotton lint production totaled $X in 2022 estimated in export price. In general, production recorded a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Cotton lint production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of cotton lint in Azerbaijan surged to X tons per ha in 2022, jumping by X% on 2021 figures. Over the period under review, the yield recorded modest growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the average cotton lint yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of cotton lint in Azerbaijan contracted modestly to X ha, approximately reflecting the previous year's figure. Overall, the harvested area, however, posted a prominent increase. The growth pace was the most rapid in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to cotton lint production attained the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

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Cotton Lint Exports

Exports from Azerbaijan

After seven years of growth, shipments abroad of cotton lint decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, cotton lint exports declined markedly to $X in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Turkey (X tons) was the main destination for cotton lint exports from Azerbaijan, accounting for a X% share of total exports. Moreover, cotton lint exports to Turkey exceeded the volume sent to the second major destination, Iran (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Turkey totaled X%.

In value terms, Turkey ($X) remains the key foreign market for cotton lint exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at X%.

Export Prices by Country

In 2022, the average cotton lint export price amounted to $X per ton, picking up by X% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton lint export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Iran amounted to $X per ton.

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

Cotton Lint Imports

Imports into Azerbaijan

In 2022, cotton lint imports into Azerbaijan skyrocketed to X tons, rising by X% compared with 2021 figures. Over the period under review, imports, however, showed a sharp downturn. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cotton lint imports surged to $X in 2022. Overall, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) was the main cotton lint supplier to Azerbaijan, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%.

In value terms, Turkey ($X) constituted the largest supplier of cotton lint to Azerbaijan.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%.

Import Prices by Country

In 2022, the average cotton lint import price amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton lint in the world?

The countries with the highest volumes of consumption in 2023 were China, India and the United States, together accounting for 60% of global consumption. Brazil, Pakistan, Uzbekistan, Turkey, Bangladesh and Vietnam lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of cotton lint in the world?

The countries with the highest volumes of production in 2022 were China, India and the United States, together accounting for 62% of global production. Brazil, Pakistan, Uzbekistan, Turkey and Australia lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of cotton lint to Azerbaijan?

In value terms, Turkey constituted the largest supplier of cotton lint to Azerbaijan.

What are the leading importers of cotton lint from Azerbaijan?

In value terms, Turkey remains the key foreign market for cotton lint exports from Azerbaijan, comprising 93% of total exports. The second position in the ranking was taken by Iran, with a 5% share of total exports.

What is the average export price for cotton lint in Azerbaijan?

In 2022, the average cotton lint export price amounted to $2,312 per ton, increasing by 37% against the previous year.

What is the average import price for cotton lint in Azerbaijan?

In 2022, the average cotton lint import price amounted to $3,355 per ton, waning by -16% against the previous year.

This report provides an in-depth analysis of the cotton lint market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 767 - Cotton Lint
FCL 328 - [Seed Cotton]

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023