Russian Federation - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Russian Federation - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Jute and Jute-Like Fibers in Russia - 2022

Contents:

  1. Price for Jute and Jute-Like Fibers in Russia (CIF) - 2022
  2. Price for Jute and Jute-Like Fibers in Russia (FOB) - 2022
  3. Imports of Jute and Jute-Like Fibers in Russia
  4. Exports of Jute and Jute-Like Fibers in Russia

Price for Jute and Jute-Like Fibers in Russia (CIF) - 2022

In January 2022, the average jute and jute-like fibers import price amounted to $1,056 per ton, with an increase of 5.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in April 2021 an increase of 13% month-to-month. Over the period under review, average import prices hit record highs at $1,133 per ton in July 2021; afterwards, it flattened through to January 2022.

As there is only one major supplying country, the average price level is determined by prices for Bangladesh.

From January 2021 to January 2022, the rate of growth in terms of prices for Belarus amounted to +3.1% per month.

Price for Jute and Jute-Like Fibers in Russia (FOB) - 2022

In 2022, the average jute and jute-like fibers export price amounted to $2,499 per ton, falling by -24.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 71%. Over the period under review, the average export prices reached the peak figure at $3,306 per ton in 2021, and then fell rapidly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($2,694 per ton), while the average price for exports to Egypt stood at $2,122 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+29.4%), while the prices for the other major destinations experienced a decline.

Imports of Jute and Jute-Like Fibers in Russia

In 2022, overseas purchases of jute and jute-like fibers were finally on the rise to reach 2.3K tons after two years of decline. Overall, imports, however, recorded a drastic downturn.

In value terms, jute and jute-like fibers imports reduced slightly to $2M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 6.3% against the previous year. As a result, imports attained the peak of $2.1M, and then reduced in the following year.

Import of Jute and Jute-Like Fibers in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh2.01.92.02.00.0%
BelarusN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.11.92.12.0-1.6%

Top Suppliers of Jute and Jute-Like Fibers to Russia in 2022:

  1. Bangladesh (2.3K tons)

Exports of Jute and Jute-Like Fibers in Russia

In 2022, shipments abroad of jute and jute-like fibers increased by 77% to 9.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a drastic downturn.

In value terms, jute and jute-like fibers exports soared to $24K in 2022. Overall, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. As a result, the exports attained the peak of $30K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Jute and Jute-Like Fibers in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus0.20.20.216.8338.0%
EgyptN/AN/AN/A6.90%
Kazakhstan7.614.17.0N/A-4.0%
UzbekistanN/A9.7N/AN/A0%
Poland3.43.04.0N/A8.5%
EstoniaN/A1.31.2N/A-7.7%
Kyrgyzstan8.3N/A1.3N/A-60.4%
Others1.41.34.1N/A71.1%
Total20.929.617.723.74.3%

Top Export Markets for Jute and Jute-Like Fibers from Russia in 2022:

  1. Belarus (6.2 tons)
  2. Egypt (3.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for jute and jute-like fibers in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 780 - Jute
  • FCL 782 - Jute-like fibres

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Global Jute Market 2019 - Bangladesh Continues to Dominate Exports, Despite Decline in the Past Few Years
Dec 9, 2019
Eye 873

Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018.

Which Country Imports the Most Jute and Other Textile Bast Fibers in the World?
Jul 26, 2018
Eye 1373

In value terms, jute and other textile bast fibers imports amounted to $X in 2016. Overall, it indicated a significant growth from 2007 to 2016: the total imports value decreased at an average annu...

Which Country Imports the Most Yarn of Jute in the World?
Jul 26, 2018
Eye 3241

In value terms, yarn of jute imports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the l...

Which Country Exports the Most Jute and Other Textile Bast Fibers in the World?
Jul 26, 2018
Eye 601

In value terms, jute and other textile bast fibers exports amounted to $X in 2016. Overall, jute and other textile bast fibers exports continue to indicate a relatively flat trend pattern. Over the...

Which Country Exports the Most Yarn of Jute in the World?
Jul 26, 2018
Eye 977

In value terms, yarn of jute exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over t...

Which Country Consumes the Most Jute in the World?
Feb 9, 2018
Eye 3078

Global jute consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Produces the Most Jute in the World?
Oct 27, 2017
Eye 1607

In 2015, the countries with the highest levels of jute production were India (X thousand tons), Bangladesh (X thousand tons), China (X thousand tons), together accounting for X% of total output.

Jute Market - the United Republic of Tanzania is the Strongest Jute Exporter in the World
Sep 28, 2015
Eye 2219

The United Republic of Tanzania dominates in the global jute trade. In 2014, the United Republic of Tanzania exported X thousand tons of jute totaling X million USD, X% over the previous year. Its primary trading partner was China, where it suppli

Which Country Consumes the Most Fiber Crops in the World?
Feb 9, 2018
Eye 1388

Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Exports the Most Fiber Crops in the World?
Feb 1, 2018
Eye 2842

Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.

Free Data: Jute And Jute-Like Fibers - Russia