Azerbaijan yarn output shoots up over 50% in H1 2019

In January-June 2019, Azerbaijan produced yarn valued at 198.1 million manats ($116.19 million), registering an increase of 51.2 per cent year-on-year. The value of clothing produced during the half-year rose by 3.3 per cent to 59.1 million manats ($34.66 million), while the production of footwear and other leather goods was up by 2 per cent to 9.2 million manats ($5.40 million), according to the data.

During the period under review, average apparel prices increased by 1.1 per cent year-on-year, while that of fabrics and footwear grew by 4.2 per cent and 1.1 per cent respectively. (RKS)

Fibre2Fashion News Desk – India