Belarus: Market for Silk Shawls And Scarves 2022

Market Size for Silk Shawls And Scarves in Belarus

The Belarusian silk shawl and scarf market expanded markedly to $X in 2021, surging by X% against the previous year. Overall, consumption, however, saw a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Silk Shawls And Scarves in Belarus

In value terms, silk shawl and scarf production rose significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep downturn. Silk shawl and scarf production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from Belarus

In 2021, approx. X units of silk shawls and scarves were exported from Belarus; growing by X% against the year before. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, silk shawl and scarf exports surged to $X in 2021. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Russia (X units) was the main destination for silk shawl and scarf exports from Belarus, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +X%.

In value terms, Russia ($X) also remains the key foreign market for silk shawl and scarf exports from Belarus.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +X%.

Export Prices by Country

The average silk shawl and scarf export price stood at $X per unit in 2021, falling by -X% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -X% per year.

Imports of Silk Shawls And Scarves

Imports into Belarus

Silk shawl and scarf imports into Belarus declined to X units in 2021, dropping by -X% against the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, silk shawl and scarf imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of silk shawl and scarf to Belarus, accounting for a X% share of total imports. Moreover, silk shawl and scarf imports from Italy exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. Russia (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Russia (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of silk shawl and scarf to Belarus, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-X% per year) and China (-X% per year).

Import Prices by Country

In 2021, the average silk shawl and scarf import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform