Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia - 2022

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia (CIF) - 2022
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia (FOB) - 2022
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia (CIF) - 2022

In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $4,924 per ton, reducing by -16.2% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure at $9,209 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,551 per ton), while the price for Kyrgyzstan ($1,215 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia (FOB) - 2022

In 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $3,686 per ton, waning by -21.4% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 21%. Over the period under review, the average export prices attained the maximum at $7,748 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($5,172 per ton), while the average price for exports to Mongolia ($2,651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia

In 2022, imports of footwear; parts, outer soles and heels, of rubber or plasticses into Russia soared to 13K tons, growing by 38% compared with the previous year. In general, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $66M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Russia in 2022:

1. China (10.5K tons)
2. Kyrgyzstan (2.5K tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Russia

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses exported from Russia declined dramatically to 374 tons, shrinking by -39.9% against 2021 figures. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of 622 tons, and then shrank significantly in the following year.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses fell significantly to $1.4M in 2022. In general, exports faced a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $2.9M, and then dropped significantly in the following year.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Russia in 2022:

1. Indonesia (199.1 tons)
2. Kazakhstan (90.0 tons)
3. Mongolia (73.7 tons)
4. Armenia (4.0 tons)

Source: IndexBox Market Intelligence Platform