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Production of clothing grows in Azerbaijan

Business Materials 16 September 2019 16:36 (UTC +04:00)

Baku, Azerbaijan, Sept. 16

By Eldar Janashvili – Trend:

In January-August 2019, the total value of footwear, clothing, yarn and leather goods produced in Azerbaijan amounted to 270.7 million manats, which is 25.4 percent more than in the same period of the previous year, Trend reports referring to the country's State Statistics Committee.

The production of clothing increased by 8.1 percent, while the production of leather goods and footwear and the production of yarn decreased by 16.4 percent in January-August 2019.

In the reporting period, the retail turnover of yarn products, clothing and footwear reached 4.343 billion manats, having increased by 2.9 percent for the year. The consumers spent about 18 percent of money on clothes and shoes.

The prices for clothes decreased by 0.1 percent, the prices for fabrics increased by 0.2 percent, the prices for footwear decreased by 0.1 percent in August compared to July. The prices for these products increased by 1.1 percent, 4.1 percent and 1.4 percent for the year, respectively.

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

Goods produced in January-August 2019

Difference compared to January-August 2018 (%)

Finished goods in warehouses as of Sept. 1, 2019

Clothes

Outer knitwear, 1,000 pieces

86.1

70.2

2.5

Under knitwear, 1,000 pieces

369.5

136.8

24.9

Socks, 1,000 pairs

1,764.3

114.6

5.5

Professional clothes for men, 1,000 pieces

353.6

177.4

4.5

Jackets and blazers, pieces

1.670

0.9

4.370

Women's suits, pieces

1.438

57.6

-

Leather goods and footwear

Leather, 1,000 sq. m.

39.6

96.4

140

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

30.4

27.1

30.4

Footwear, 1,000 pairs

128.8

76.5

20

(1 USD = 1.7 AZN on Sept. 16)

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Follow the author on Twitter: @eldarjanashvili

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