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Manufacturing of clothes down in Azerbaijan

Business Materials 19 April 2019 19:42 (UTC +04:00)

Baku, Azerbaijan, April 19

By Kheyraddin Nasirzade - Trend:

The total volume of clothing production reached 10.8 million manats in Azerbaijan in January-March 2019, which is 28.9 percent less than in the same period of 2018, Trend reports referring to the report of the Azerbaijani State Statistics Committee on April 19.

The production of leather goods and footwear decreased by 36 percent up to 4.4 million manats, while the yarn production increased by 61.4 percent up to 91.8 million manats in January-March 2019.

In total, yarn products, shoes, clothing and leather goods worth 106.9 million manats were produced in the country in January-March 2019 (a 33.3 percent increase for the year).

Production of clothes and footwear in Azerbaijan (January-March 2019):

Goods produced in January-March 2019

Compared to January-March 2018 (%)

Finished goods in warehouses as of April 1, 2019

Clothes

Outdoor knitwear, 1,000 pieces

19.5

76.5

0.9

Knitted underwear, 1,000 pieces

155.7

2.1 times growth

30.9

Socks, 1,000 pairs

533

159.2

19

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

95.7

9.5 times growth

2

Jackets and blazers, pieces

300

0.6

4370

Women's suits, pieces

762

43.8

-

Leather goods and footwear

Leather, 1,000 sq. m.

11.4

91.9

140

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

0.9

2.4

0.9

Footwear, 1,000 pairs

55.4

128.5

24.3

During the reporting period, the retail turnover of yarn products, clothing and footwear reached 1.56 billion manats, having increased by 3 percent for the year. In retail chains, consumers spend about 17.7 percent of money on clothes and shoes.

The prices for clothes and shoes remained unchanged, while prices for fabrics increased by 0.5 percent in March compared to February. The prices for these products increased by 1 percent, 4.2 percent and 0.4 percent for the year, respectively.

(1 USD = 1.7 AZN on April 19)

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