Price for Tents of Synthetic Fibres in Russia - 2022

Contents:

1. Price for Tents of Synthetic Fibres in Russia (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Russia (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Russia
4. Exports of Tents of Synthetic Fibres in Russia

Price for Tents of Synthetic Fibres in Russia (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $7,327 per ton, increasing by 31% against the previous year. In general, the import price, however, saw a mild reduction. The import price peaked at $8,259 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($9,587 per ton), while the price for China ($6,253 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Russia (FOB) - 2022

The average tents of synthetic fibres export price stood at $12,382 per ton in 2022, which is down by -15.2% against the previous year. In general, the export price recorded a pronounced decline. The growth pace was the most rapid in 2017 an increase of 155% against the previous year. As a result, the export price attained the peak level of $24,804 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($22,054 per ton), while the average price for exports to Kazakhstan ($3,297 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 Belarus (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Tents of Synthetic Fibres in Russia

In 2022, the amount of tents of synthetic fibreses imported into Russia expanded significantly to 6.3K tons, picking up by 11% compared with the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% 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 +72.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tents of synthetic fibres imports skyrocketed to $46M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Tents of Synthetic Fibres to Russia in 2022:

1. Belarus (undefinedK tons)
2. Bangladesh (undefinedK tons)
3. China (4.2K tons)
4. Vietnam (2.0K tons)

Exports of Tents of Synthetic Fibres in Russia

After three years of growth, overseas shipments of tents of synthetic fibreses decreased by -70.4% to 97 tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 114% against the previous year. As a result, the exports attained the peak of 327 tons, and then reduced notably in the following year.

In value terms, tents of synthetic fibres exports fell notably to $1.2M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 125%. As a result, the exports attained the peak of $4.8M, and then reduced rapidly in the following year.

Top Export Markets for Tents of Synthetic Fibres from Russia in 2022:

1. Norway (31.4 tons)
2. Kazakhstan (28.6 tons)
3. Canada (21.6 tons)
4. Belarus (7.8 tons)
5. Myanmar (2.8 tons)
6. Czech Republic (1.6 tons)

Source: IndexBox Market Intelligence Platform