CIS: Women Knitwear Market 2024

Women Knitwear Market Size in CIS

The CIS women knitwear market shrank modestly to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, saw a noticeable descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Women Knitwear Production in CIS

In value terms, women knitwear production shrank modestly to $X in 2022 estimated in export price. In general, production showed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Women Knitwear Exports

Exports in CIS

In 2022, shipments abroad of women's or girls' clothing (knitted or crocheted) increased by X% to X units, rising for the third year in a row after two years of decline. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, women knitwear exports dropped to $X in 2022. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Uzbekistan was the main exporting country with an export of around X units, which reached X% of total exports. Kyrgyzstan (X units) ranks second in terms of the total exports with a X% share, followed by Russia (X%) and Moldova (X%).

From 2012 to 2022, average annual rates of growth with regard to women knitwear exports from Uzbekistan stood at X%. At the same time, Kyrgyzstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Moldova (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.), Russia (X p.p.) and Moldova (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) remains the largest women knitwear supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Moldova, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, which is down by X% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kyrgyzstan ($X per unit) 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.

Women Knitwear Imports

Imports in CIS

In 2022, purchases abroad of women's or girls' clothing (knitted or crocheted) increased by X% to X units, rising for the fifth year in a row after three years of decline. In general, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, women knitwear imports shrank modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the largest importing country with an import of around X units, which amounted to X% of total imports. It was distantly followed by Kyrgyzstan (X units), Kazakhstan (X units) and Azerbaijan (X units), together constituting a X% share of total imports. Moldova (X units) held a relatively small share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Azerbaijan (X%), Moldova (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Kyrgyzstan and Azerbaijan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported women's or girls' clothing (knitted or crocheted) in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with an X% share.

In Russia, women knitwear imports decreased by 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: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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