CIS: Knitted Fabric Market 2020

Knitted Fabric Market Size in CIS

The revenue of the knitted fabric market in CIS amounted to $X in 2017, growing by X% against the previous year. The knitted fabric consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, the knitted fabric market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Knitted Fabric Production in CIS

In 2017, approx. X square meters of knitted or crocheted fabrics (excluding pile fabrics) were produced in CIS; standing approx. at the previous year. The knitted fabric production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. The volume of knitted fabric production peaked of X square meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Fabric Exports in CIS

The exports amounted to X square meters in 2017, increasing by X% against the previous year. The knitted fabric exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the knitted fabric exports reached its peak figure volume of X square meters in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, knitted fabric exports amounted to $X in 2017. The total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric exports increased by +X% against 2015 indices. Over the period under review, the knitted fabric exports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Knitted Fabric Exports by Country in CIS

In 2017, Belarus (X square meters) was the key exporter for knitted or crocheted fabrics (excluding pile fabrics), committing X% of total exports. It was distantly followed by Russia (X square meters), comprising X% share of total exports.

Belarus experienced a relatively flat trend pattern of knitted or crocheted fabrics (excluding pile fabrics) exports. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. While the share of Russia (-X%) and Belarus (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest knitted fabric supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Belarus amounted to +X%.

Knitted Fabric Export Prices by Country in CIS

In 2017, the knitted fabric export price in CIS amounted to $X per thousand square meters, jumping by X% against the previous year. The export price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014, when the export prices increased by X% against the previous year. Over the period under review, the export prices for knitted or crocheted fabrics (excluding pile fabrics) reached its maximum level in 2017, and is likely to continue its growth in the near future.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Russia ($X per square meter) and Belarus ($X per thousand square meters), while Belarus ($X per thousand square meters) and Russia ($X per square meter) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year).

Knitted Fabric Imports in CIS

The imports totaled X square meters in 2017, going up by X% against the previous year. The knitted fabric imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Over the period under review, the knitted fabric imports reached its maximum volume of X square meters in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, knitted fabric imports stood at $X in 2017. The knitted fabric imports continue to indicate a drastic decline. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Knitted Fabric Imports by Country in CIS

In 2017, Russia (X square meters) was the major importer for knitted or crocheted fabrics (excluding pile fabrics), making up X% of total imports. It was distantly followed by Belarus (X square meters), generating X% share of total imports. The following importers - Azerbaijan (X square meters) and Moldova (X square meters) each accounted for a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to knitted fabric imports into Russia stood at -X%. At the same time, Azerbaijan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) and Moldova (-X%) illustrated a downward trend over the same period. Russia (X%), Moldova (X%) and Belarus (X%) significantly strengthened its position in terms of the global imports, while Azerbaijan saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Belarus ($X), Russia ($X) and Moldova ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Belarus (-X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Knitted Fabric Import Prices by Country in CIS

In 2017, the knitted fabric import price in CIS amounted to $X per square meter, going up by X% against the previous year. The knitted fabric import price continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. In that year, the import prices for knitted or crocheted fabrics (excluding pile fabrics) attained their peak level of $X per square meter. From 2009 to 2017, growth of the import prices for knitted or crocheted fabrics (excluding pile fabrics) stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per square meter), while Azerbaijan ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Moldova (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform