CIS: Market for Finishing Agents Used In The Textile Industry 2024

Exports of Finishing Agents Used In The Textile Industry

Exports in CIS

Textile industry finishing agents exports soared to X tons in 2022, picking up by X% compared with 2021 figures. Overall, exports saw a perceptible increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, textile industry finishing agents exports skyrocketed to $X in 2022. Over the period under review, exports showed prominent growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Russia (X tons) was the largest exporter of finishing agents used in the textile industry, constituting X% of total exports. Belarus (X tons) held the second position in the ranking, distantly followed by Kazakhstan (X tons), Uzbekistan (X tons) and Moldova (X tons). All these countries together held near X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest textile industry finishing agents supplying countries in the CIS were Russia ($X), Belarus ($X) and Moldova ($X), with a combined X% share of total exports. Kazakhstan and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price recorded a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports in CIS

After five years of growth, overseas purchases of finishing agents used in the textile industry decreased by X% to X tons in 2022. Overall, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted dramatically in the following year.

In value terms, textile industry finishing agents imports contracted significantly to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank markedly in the following year.

Imports by Country

Uzbekistan was the major importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Russia (X tons), committing a X% share of total imports. Belarus (X tons) and Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to textile industry finishing agents imports into Uzbekistan stood at X%. At the same time, Moldova (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) and Belarus (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belarus (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported finishing agents used in the textile industry in the CIS, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Uzbekistan, textile industry finishing agents imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Belarus ($X per ton) and Uzbekistan ($X per ton), while Russia ($X per ton) and Moldova ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform

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