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Leather production up by over 70% in Azerbaijan

Business Materials 20 December 2018 09:18 (UTC +04:00)

Baku, Azerbaijan, Dec. 20

By Taleh Mursagulov - Trend:

The overall value of clothing output in Azerbaijan was 74.45 million manats in January-November 2018, which is 2.1 percent less compared to January-October 2017, Trend reports referring to Azerbaijani State Statistics Committee's report.

According to the report, the output of leather goods and footwear increased by 28.3 percent to 22.21 million manats for the year. The output in the spinning industry increased by 42.4 percent to 198.51 million manats.

Spinning industry products, footwear, clothing and leather products worth 295.2 million manats (a 21.3 percent growth for the year) were produced in the first 11 months of this year.

Production of clothes and footwear in Azerbaijan (January-November 2018):

Goods produced in January-November 2018

Compared to January-November 2017 (%)

Finished goods in warehouses as of Dec. 1, 2018

Clothes

Outer knitwear, 1,000 pieces

153.7

-43.6

1.2

Under knitwear, 1,000 pieces

344.9

36

38.8

Socks, 1,000 pairs

2,209.1

7

5

Professional clothes for men, jackets and blazers, 1,000 pieces

547.6

5.7 times growth

7.2

Leather goods and footwear

Leather, 1,000 sq. m.

52.7

+72.8

140.0

Leather and fur products, 1,000 sq. m.

113.4

-5.1

27.4

Footwear, 1,000 pairs

216.6

+16.3

86.5

During the reported period, the retail turnover of spinning industry products, clothing and footwear amounted to almost 6.01 billion manats, having increased by 3.4 percent over the year. In retail chains, consumers spend about 18.5 percent of their money on clothes and shoes.

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Follow the author on Twitter: @TalehMursagulov

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