Azerbaijan: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Azerbaijan

The Azerbaijani market for braids in the piece, tassels and pompons, ornamental trimmings fell to $X in 2021, reducing by -X% against the previous year. In general, consumption continues to indicate a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Azerbaijan

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings declined dramatically to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Azerbaijan

In 2021, overseas shipments of braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to X kg, falling for the third consecutive year after two years of growth. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings rose modestly to $X in 2021. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia amounted to -X%.

In value terms, Georgia ($X) also remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia stood at -X%.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to -X% per year.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Azerbaijan

In 2021, imports of braids in the piece, tassels and pompons, ornamental trimmings into Azerbaijan expanded slightly to X tons, picking up by X% on 2020 figures. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Turkey (X tons) and China (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Azerbaijan.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X value terms, Turkey ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +X%.

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%).

Source: IndexBox Platform