Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Azerbaijan - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Azerbaijan (FOB) - 2022
  2. Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Azerbaijan

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Azerbaijan (FOB) - 2022

The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $870 per unit in 2022, approximately reflecting the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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

From 2019 to 2022, the rate of growth in terms of prices for Russia amounted to 0.0% per year.

Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Azerbaijan

After two years of decline, overseas shipments of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by 0% to 8 units in 2022. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $7K in 2022. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A7.00%
Russia0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.2N/AN/A7.0227.1%

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Azerbaijan in 2022:

  1. Iran (8.0 units)

Source: IndexBox Market Intelligence Platform

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