Azerbaijan: Jersey Market 2024

Jersey Market Size in Azerbaijan

In 2022, the Azerbaijani jersey market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded significant growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Jersey Production in Azerbaijan

In value terms, jersey production totaled $X in 2022 estimated in export price. Overall, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Jersey production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Jersey Exports

Exports from Azerbaijan

After two years of growth, shipments abroad of jerseys, pullovers, cardigans and similar articles decreased by X% to X units in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then fell notably in the following year.

In value terms, jersey exports contracted remarkably to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Georgia (X units) was the main destination for jersey exports from Azerbaijan, accounting for a X% share of total exports. Moreover, jersey exports to Georgia exceeded the volume sent to the second major destination, Russia (X units), more than tenfold. The third position in this ranking was taken by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Turkey (X% per year).

In value terms, Georgia ($X) emerged as the key foreign market for jerseys, pullovers, cardigans and similar articles exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Georgia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average jersey export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Iraq ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into Azerbaijan

In 2022, purchases abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, jersey imports soared to $X in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X units), China (X units) and Bangladesh (X units) were the main suppliers of jersey imports to Azerbaijan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of jerseys, pullovers, cardigans and similar articles to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the average jersey import price amounted to $X per unit, reducing by X% against the previous year. In general, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained 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 Cambodia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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