Azerbaijan - Footwear with uppers of textile materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAzerbaijan: Market for Footwear with Uppers of Textile Materials 2024
Market Size for Footwear with Uppers of Textile Materials in Azerbaijan
In 2022, the Azerbaijani market for footwear with uppers of textile materials increased by 18% to $X, rising for the second year in a row after three years of decline. Overall, consumption posted a significant increase. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Exports of Footwear with Uppers of Textile Materials
Exports from Azerbaijan
In 2022, shipments abroad of footwear with uppers of textile materials increased by 314% to X pairs, rising for the second consecutive year after two years of decline. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 1,314% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of footwear with uppers of textile materials surged to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 2,574% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Exports by Country
Georgia (X pairs) was the main destination for exports of footwear with uppers of textile materials from Azerbaijan, accounting for a 100% share of total exports. It was followed by Russia (X pairs), with a 0.3% share of total exports.
From 2013 to 2022, the average annual rate of growth in terms of volume to Georgia totaled +53.4%.
In value terms, Georgia ($X) emerged as the key foreign market for footwear with uppers of textile materials exports from Azerbaijan, comprising 94% of total exports. The second position in the ranking was held by Russia ($X), with a 0.6% share of total exports.
From 2013 to 2022, the average annual growth rate of value to Georgia totaled +63.0%.
Export Prices by Country
The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, waning by -33.3% against the previous year. In general, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2019 when the average export price increased by 171% against the previous year. The export price peaked at $X per pair in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per pair), while the average price for exports to Georgia totaled $X per pair.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.9%).
Imports of Footwear with Uppers of Textile Materials
Imports into Azerbaijan
In 2022, supplies from abroad of footwear with uppers of textile materials increased by 19% to X pairs, rising for the second year in a row after three years of decline. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 396%. Imports peaked at X pairs in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, imports of footwear with uppers of textile materials skyrocketed to $X in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 510% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, China (X pairs) constituted the largest supplier of footwear with uppers of textile materials to Azerbaijan, with a 65% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Turkey (X pairs), twofold.
From 2012 to 2022, the average annual growth rate of volume from China totaled +37.6%.
In value terms, China ($X) and Turkey ($X) constituted the largest footwear with uppers of textile materials suppliers to Azerbaijan.
Among the main suppliers, Turkey, with a CAGR of +43.1%, recorded the highest growth rate of the value of imports, over the period under review.
Import Prices by Country
The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, dropping by -3.3% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 130%. As a result, import price attained the peak level of $X per pair. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per pair), while the price for China stood at $X per pair.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.0%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for footwear with uppers of textile materials 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 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
- Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
- Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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