Azerbaijan: Sportswear Market 2025

Sportswear Market Size in Azerbaijan

The Azerbaijani sportswear market fell remarkably to $X in 2021, declining by -21.1% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell dramatically in the following year.

Sportswear Production in Azerbaijan

In value terms, sportswear production shrank markedly to $X in 2021 estimated in export price. Overall, production recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 110% against the previous year. Sportswear production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Sportswear Exports

Exports from Azerbaijan

In 2021, approx. X units of track suits, ski suits and swimwear were exported from Azerbaijan; therefore, remained relatively stable against 2020. Over the period under review, exports, however, faced a dramatic curtailment. The growth pace was the most rapid in 2018 with an increase of 158%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sportswear exports dropped sharply to $X in 2021. Overall, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 456% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Georgia (X units) and Croatia (X units) were the main destinations of sportswear exports from Azerbaijan.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of -27.1%).

In value terms, Croatia ($X) remains the key foreign market for track suits, ski suits and swimwear exports from Azerbaijan, comprising 74% of total exports. The second position in the ranking was taken by Georgia ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Croatia totaled -39.8%.

Export Prices by Country

In 2021, the average sportswear export price amounted to $X per unit, reducing by -35.1% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 140%. As a result, the export price attained the peak level of $X per unit, and then contracted significantly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Croatia ($X per unit), while the average price for exports to Georgia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+31.3%), while the prices for the other major destinations experienced mixed trend patterns.

Sportswear Imports

Imports into Azerbaijan

In 2021, overseas purchases of track suits, ski suits and swimwear decreased by -8.3% to X units, falling for the second year in a row after four years of growth. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 3,466% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, sportswear imports amounted to $X in 2021. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,900% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X units) constituted the largest sportswear supplier to Azerbaijan, accounting for a 83% share of total imports. Moreover, sportswear imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +99.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+38.5% per year) and Iran (+162.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of track suits, ski suits and swimwear to Azerbaijan, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with a 6.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +95.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.0% per year) and Iran (+146.5% per year).

Import Prices by Country

The average sportswear import price stood at $X per unit in 2021, rising by 19% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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