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Azerbaijan's reveals volume, value of textile production for 2019

Business Materials 22 January 2020 16:04 (UTC +04:00)
Azerbaijan's reveals volume, value of textile production for 2019

BAKU, Azerbaijan, Jan. 22

Bu Eldar Janashvili - Trend:

Azerbaijan’s total production of footwear, clothes, yarn and leather products amounted to 427.5 million manat ($251.4 million) from January through December 2019, which is 33.2 percent more compared to the same period of 2018, Trend reports referring to the report of country’s State Statistical Committee.

Production of clothes increased by 22.6 percent, while the production of leather goods, footwear and yarn dropped by 2.9 percent.

Retail trade of textile products, clothing and footwear increased by 4.6 percent and amounted to 6.9 billion manat ($4 billion).

Clothing and footwear accounted for about 17.5 percent of overall consumer spending.

The prices for clothes increased by 0.1 percent, the prices for footwear increased by 0.6 percent and the prices for fabrics increased by 0.2 percent in December 2019 compared to November 2019. The prices for these products increased by 1.8 percent, 0.7 percent and 1.6 percent on the annualized basis, respectively.

Production of clothes and footwear in Azerbaijan (from Jan. through Dec. 2019):

Goods produced in the period of Jan.– Dec. 2019

Difference compared to the period of Jan.– Dec. 2019

Finished goods in warehouses as of Dec. 1, 2019

Clothes

Outer knitwear, pieces

373,600

-11.3

1,300

Under knitwear, pieces

550,600

-7.3

7,900

Socks, pairs

3.2 million

+37.2

43,800

Professional clothes for men, pieces

572,000

+71.7

1,600

Jackets and blazers, pieces

2,710

-98.9

4,370

Women's suits, pieces

2,294

-31.2

-

Leather goods and footwear

Leather, sq. m.

53,500

-0.7

140,000

Tanned leather, sq. m.

49,000

-67.3

31,000

Footwear, pairs

194,500

-12.5

3,800

(1 USD = 1.7 AZN on Jan. 22)

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