Price for Woven Fabrics of Artificial Staple Fibres in Russia - 2022

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Russia (CIF) - 2022
  2. Price for Woven Fabrics of Artificial Staple Fibres in Russia (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Russia
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Russia

Price for Woven Fabrics of Artificial Staple Fibres in Russia (CIF) - 2022

In 2022, the average import price for woven fabrics of artificial staple fibres amounted to $3.4 per square meter, surging by 22% against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 35%. The import price peaked at $8.3 per square meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15 per square meter), while the price for China ($2.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Artificial Staple Fibres in Russia (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $5.9 per square meter, surging by 13% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 21% against the previous year. Over the period under review, the average export prices hit record highs at $15 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($7 per square meter), while the average price for exports to Uzbekistan ($0.8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics of Artificial Staple Fibres in Russia

In 2022, imports of woven fabrics of artificial staple fibres into Russia declined remarkably to 2.7M square meters, with a decrease of -24.9% against the year before. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. Imports peaked at 3.9M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of artificial staple fibres declined to $9.1M in 2022. Over the period under review, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked at $32M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Artificial Staple Fibres in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.75.36.25.4-14.7%
Turkey1.71.01.31.2-11.0%
South Korea0.10.1N/A0.9108.0%
Italy0.80.40.50.6-9.1%
Germany0.20.20.10.426.0%
Belarus1.00.50.90.1-53.6%
Others20.00.70.80.5-70.8%
Total32.58.39.99.1-34.6%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Russia in 2022:

  1. China (2579.2K square meters)
  2. Turkey (120.3K square meters)
  3. South Korea (89.9K square meters)
  4. Germany (50.1K square meters)
  5. Italy (38.1K square meters)
  6. Belarus (34.0K square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Russia

In 2022, shipments abroad of woven fabrics of artificial staple fibres decreased by -26.2% to 226K square meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 110%. As a result, the exports reached the peak of 306K square meters, and then fell sharply in the following year.

In value terms, exports of woven fabrics of artificial staple fibres shrank sharply to $1.3M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $1.6M, and then contracted dramatically in the following year.

Export of Woven Fabrics of Artificial Staple Fibres in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus7869641,4371,27117.4%
PolandN/AN/AN/A26.30%
Kazakhstan60.541.740.725.8-24.7%
UzbekistanN/AN/A0.99.0900.0%
Ukraine12.221.312.8N/A2.4%
Others13234.91120.4-85.5%
Total9911,0611,6041,33310.4%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Russia in 2022:

  1. Belarus (181.8K square meters)
  2. Kazakhstan (12.0K square meters)
  3. Poland (11.1K square meters)
  4. Uzbekistan (11.0K square meters)

Source: IndexBox Market Intelligence Platform

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