Azerbaijan: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in Azerbaijan

The Azerbaijani man-made filament fabric market dropped slightly to $X in 2021, with a decrease of -3.5% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Man-made filament fabric consumption peaked at $X in 2020, and then fell in the following year.

Man-Made Filament Fabric Production in Azerbaijan

In value terms, man-made filament fabric production contracted to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when the production volume increased by 19% against the previous year. Man-made filament fabric production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Man-Made Filament Fabric Exports

Exports from Azerbaijan

In 2021, overseas shipments of woven fabrics of man-made filaments and staple fibers were finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a deep setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, man-made filament fabric exports skyrocketed to $X in 2021. Overall, exports, however, faced a abrupt decline. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for man-made filament fabric exports from Azerbaijan, with a 57% share of total exports. Moreover, man-made filament fabric exports to Russia exceeded the volume sent to the second major destination, Georgia (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+67.2% per year) and Kazakhstan (+0.4% per year).

In value terms, Russia ($X) emerged as the key foreign market for woven fabrics of man-made filaments and staple fibers exports from Azerbaijan, comprising 56% of total exports. The second position in the ranking was taken by Georgia ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+42.3% per year) and Kazakhstan (-2.2% per year).

Export Prices by Country

The average man-made filament fabric export price stood at $X per ton in 2021, with an increase of 9.9% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2017 when the average export price increased by 27% 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.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.3%), while the prices for the other major destinations experienced a decline.

Man-Made Filament Fabric Imports

Imports into Azerbaijan

In 2021, approx. X tons of woven fabrics of man-made filaments and staple fibers were imported into Azerbaijan; jumping by 24% compared with the year before. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 886%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, man-made filament fabric imports skyrocketed to $X in 2021. In general, imports enjoyed resilient growth. The growth pace was the most rapid in 2016 with an increase of 579% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Iran (X tons) and Turkey (X tons) were the main suppliers of man-made filament fabric imports to Azerbaijan, with a combined 88% share of total imports. Pakistan, Georgia and the United Arab Emirates lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +174.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest man-made filament fabric suppliers to Azerbaijan were China ($X), Turkey ($X) and Iran ($X), with a combined 86% share of total imports. Pakistan, the United Arab Emirates and Georgia lagged somewhat behind, together accounting for a further 8%.

In terms of the main suppliers, Georgia, with a CAGR of +141.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average man-made filament fabric import price amounted to $X per ton, growing by 3.6% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, man-made filament fabric import price increased by +38.8% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, 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 Turkey ($X per ton), while the price for Georgia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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