Report Azerbaijan - Silk Shawls and Scarves - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Azerbaijan - Silk Shawls and Scarves - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Silk Shawls And Scarves 2023

Market Size for Silk Shawls And Scarves in Azerbaijan

In 2022, the Azerbaijani silk shawl and scarf market increased by 7.6% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed significant growth. Silk shawl and scarf consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Silk Shawls And Scarves in Azerbaijan

In value terms, silk shawl and scarf production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 272% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from Azerbaijan

In 2022, approx. X units of silk shawls and scarves were exported from Azerbaijan; with a decrease of -41.8% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of 3,238%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, silk shawl and scarf exports surged to $X in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 2,714%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for silk shawl and scarf exports from Azerbaijan, with a 62% share of total exports. Moreover, silk shawl and scarf exports to the Netherlands exceeded the volume sent to the second major destination, Spain (X units), twofold.

From 2013 to 2022, the average annual growth rate of volume to the Netherlands amounted to +270.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+41.7% per year) and Georgia (0.0% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for silk shawls and scarves exports from Azerbaijan, comprising 66% of total exports. The second position in the ranking was held by Spain ($X), with a 31% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +802.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+66.8% per year) and Georgia (0.0% per year).

Export Prices by Country

The average silk shawl and scarf export price stood at $X per unit in 2022, picking up by 159% against the previous year. Overall, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 245%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+143.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into Azerbaijan

In 2022, the amount of silk shawls and scarves imported into Azerbaijan surged to X units, picking up by 199% against the year before. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 906% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, silk shawl and scarf imports soared to $X in 2022. In general, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 808%. 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

Turkey (X units), China (X units) and Italy (X units) were the main suppliers of silk shawl and scarf imports to Azerbaijan, together comprising 97% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +101.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of silk shawls and scarves to Azerbaijan, comprising 65% of total imports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +64.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+43.6% per year) and China (+40.1% per year).

Import Prices by Country

In 2022, the average silk shawl and scarf import price amounted to $X per unit, falling by -51.4% against the previous year. Overall, the import price showed a deep slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-14.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for silk shawls and scarves in the world?
+
China remains the largest silk shawl and scarf consuming country worldwide, comprising approx. 28% of total volume. Moreover, silk shawl and scarf consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.9% share.
What are the largest producers of silk shawls and scarves in the world?
+
China remains the largest silk shawl and scarf producing country worldwide, comprising approx. 49% of total volume. Moreover, silk shawl and scarf production in China exceeded the figures recorded by the second-largest producer, India, twofold. Thailand ranked third in terms of total production with a 3.1% share.
What are the leading suppliers of silk shawls and scarves to Azerbaijan?
+
In value terms, Italy constituted the largest supplier of silk shawls and scarves to Azerbaijan, comprising 65% of total imports. The second position in the ranking was taken by Turkey, with an 18% share of total imports. It was followed by China, with an 11% share.
What are the leading importers of silk shawls and scarves from Azerbaijan?
+
In value terms, the Netherlands emerged as the key foreign market for silk shawls and scarves exports from Azerbaijan, comprising 66% of total exports. The second position in the ranking was taken by Spain, with a 31% share of total exports.
What is the average export price for silk shawls and scarves in Azerbaijan?
+
In 2022, the average silk shawl and scarf export price amounted to $54 per unit, surging by 159% against the previous year.
What is the average import price for silk shawls and scarves in Azerbaijan?
+
The average silk shawl and scarf import price stood at $14 per unit in 2022, reducing by -51.4% against the previous year.

This report provides an in-depth analysis of the market for silk shawl and scarf 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:
• Prodcom 14192338 - Shawls, scarves, mufflers, mantillas, veils and the like, of silk or silk waste (excluding knitted or crocheted)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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