CIS: Spun Yarn Market 2021

Spun Yarn Market Size in CIS

In 2019, after two years of growth, there was significant decline in the CIS spun yarn market, when its value decreased by -X% to $X. The total consumption indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Spun Yarn Production in CIS

In value terms, spun yarn production contracted to $X in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

Production By Country in CIS

Uzbekistan (X tons) remains the largest spun yarn producing country in the CIS, accounting for X% of total volume.

In Uzbekistan, spun yarn production increased at an average annual rate of +X% over the period from 2007-2019.

Spun Yarn Exports

Exports in CIS

In 2019, overseas shipments of yarn spun from silk waste decreased by -X% to X kg, falling for the fourth consecutive year after two years of growth. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, spun yarn exports dropped to $X in 2019. In general, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Uzbekistan represented the major exporting country with an export of about X kg, which amounted to X% of total exports. It was distantly followed by Russia (X kg), comprising an X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to spun yarn exports from Uzbekistan stood at -X%. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2019. Russia (+X p.p.) significantly strengthened its position in terms of the total exports, while Uzbekistan saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, Uzbekistan ($X) remains the largest spun yarn supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value in Uzbekistan stood at -X%.

Export Prices by Country

In 2019, the spun yarn export price in the CIS amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Russia ($X per ton), while Uzbekistan totaled $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Uzbekistan.

Spun Yarn Imports

Imports in CIS

In 2019, approx. X tons of yarn spun from silk waste were imported in the CIS; shrinking by -X% against the year before. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. From 2012 to 2019, the growth imports failed to regain the momentum.

In value terms, spun yarn imports contracted notably to $X in 2019. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Russia was the largest importer of yarn spun from silk waste in the CIS, with the volume of imports recording X tons, which was approx. X% of total imports in 2019. It was distantly followed by Kyrgyzstan (X kg), committing a X% share of total imports. The following importers - Belarus (X kg) and Azerbaijan (X kg) - together made up X% of total imports.

Russia was also the fastest-growing in terms of the yarn spun from silk waste imports, with a CAGR of +X% from 2007 to 2019. At the same time, Belarus (+X%) displayed positive paces of growth. By contrast, Azerbaijan (-X%) and Kyrgyzstan (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.) and Belarus (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Kyrgyzstan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported yarn spun from silk waste in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Russia amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (-X% per year) and Belarus (-X% per year).

Import Prices by Country

The spun yarn import price in the CIS stood at $X per ton in 2019, which is down by -X% against the previous year. Import price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, spun yarn import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2018, and then shrank modestly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform

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