Azerbaijan: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Azerbaijan

The Azerbaijani non-knitted men apparel market dropped to $X in 2022, waning by X% against the previous year. Overall, consumption, however, showed significant growth. Non-knitted men apparel consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Non-Knitted Men Apparel Production in Azerbaijan

In value terms, non-knitted men apparel production totaled $X in 2022 estimated in export price. Over the period under review, production recorded resilient growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Non-Knitted Men Apparel Exports

Exports from Azerbaijan

In 2022, shipments abroad of men's or boys' clothing (not knitted or crocheted) increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, non-knitted men apparel exports surged to $X in 2022. In general, exports recorded noticeable growth. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for non-knitted men apparel exports from Azerbaijan, accounting for a X% share of total exports. It was followed by Russia (X units), with a X% share of total exports. Georgia (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Turkey ($X) emerged as the key foreign market for men's or boys' clothing (not knitted or crocheted) exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was held by Georgia ($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 Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Russia (X% per year).

Export Prices by Country

The average non-knitted men apparel export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, faced a deep downturn. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Russia ($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 Iraq (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Knitted Men Apparel Imports

Imports into Azerbaijan

In 2022, non-knitted men apparel imports into Azerbaijan contracted to X units, dropping by X% compared with the previous year's figure. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, non-knitted men apparel imports surged to $X in 2022. In general, imports, however, posted a significant increase. 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 hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), China (X units) and Bangladesh (X units) were the main suppliers of non-knitted men apparel imports to Azerbaijan, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of men's or boys' clothing (not knitted or crocheted) to Azerbaijan, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled 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 non-knitted men apparel import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The import price peaked at $X per unit in 2012; however, from 2013 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 the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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