Price for Silk; Woven Fabrics of Noil Silk in Russia - 2022

Contents:

1. Price for Silk; Woven Fabrics of Noil Silk in Russia (CIF) - 2022
2. Price for Silk; Woven Fabrics of Noil Silk in Russia (FOB) - 2022
3. Imports of Silk; Woven Fabrics of Noil Silk in Russia
4. Exports of Silk; Woven Fabrics of Noil Silk in Russia

Price for Silk; Woven Fabrics of Noil Silk in Russia (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $99,875 per ton in 2022, growing by 12% against the previous year. In general, the import price saw strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 86%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($167,142 per ton), while the price for China ($9,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk; Woven Fabrics of Noil Silk in Russia (FOB) - 2022

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $3,861 per ton, jumping by 20% against the previous year. In general, the export price, however, saw a dramatic slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 370%. As a result, the export price reached the peak level of $520,250 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,975 per ton), while the average price for exports to the Netherlands totaled $1,874 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-18.6%), while the prices for the other major destinations experienced a decline.

Imports of Silk; Woven Fabrics of Noil Silk in Russia

In 2022, supplies from abroad of silk; woven fabrics of noil silks decreased by -52% to 3.1 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of silk; woven fabrics of noil silks declined notably to $307K in 2022. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, imports attained the peak of $574K, and then dropped remarkably in the following year.

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Russia in 2022:

1. Italy (1980.0 kg)
2. Lithuania (846.0 kg)
3. Poland (133.0 kg)
4. United Arab Emirates (91.0 kg)
5. China (1.0 kg)

Exports of Silk; Woven Fabrics of Noil Silk in Russia

In 2022, exports of silk; woven fabrics of noil silks from Russia surged to 1.7 tons, increasing by 733% against the previous year. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of silk; woven fabrics of noil silks soared to $6.6K in 2022. Overall, exports recorded significant growth.

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Russia in 2022:

1. Netherlands (1151.0 kg)
2. United Arab Emirates (556.0 kg)

Source: IndexBox Market Intelligence Platform