Russian Federation: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in the Russian Federation

The Russian narrow woven fabric market declined sharply to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a mild decrease. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank notably in the following year.

Narrow Woven Fabric Exports

Exports from the Russian Federation

In 2022, narrow woven fabric exports from Russia fell rapidly to X tons, waning by X% compared with the previous year's figure. Over the period under review, exports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, narrow woven fabric exports shrank rapidly to $X in 2022. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for narrow woven fabric exports from Russia, accounting for a X% share of total exports. Moreover, narrow woven fabric exports to Kazakhstan exceeded the volume sent to the second major destination, Armenia (X tons), more than tenfold. Uzbekistan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Uzbekistan (X% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for narrow woven fabrics exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Armenia ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

The average narrow woven fabric export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (X%), while the prices for the other major destinations experienced a decline.

Narrow Woven Fabric Imports

Imports into the Russian Federation

In 2022, overseas purchases of narrow woven fabrics decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, narrow woven fabric imports shrank markedly to $X in 2022. In general, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest narrow woven fabric supplier to Russia, accounting for a X% share of total imports. Moreover, narrow woven fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of narrow woven fabrics to Russia, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average narrow woven fabric import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a noticeable descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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