Russian Federation: Net Fabric Market 2024

Net Fabric Market Size in the Russian Federation

In 2022, the Russian net fabric market decreased by X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption recorded a perceptible decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Net Fabric Production in the Russian Federation

In value terms, net fabric production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Net Fabric Exports

Exports from the Russian Federation

In 2022, after two years of growth, there was significant decline in shipments abroad of tulles and other net fabrics, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped notably in the following year.

In value terms, net fabric exports declined sharply to $X in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Armenia (X tons) was the main destination for net fabric exports from Russia, accounting for a X% share of total exports. Moreover, net fabric exports to Armenia exceeded the volume sent to the second major destination, Kazakhstan (X tons), more than tenfold.

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

In value terms, Armenia ($X), Kazakhstan ($X) and Germany ($X) were the largest markets for net fabric exported from Russia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Armenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average net fabric export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price faced a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat 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 Germany ($X per ton), while the average price for exports to Armenia ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Net Fabric Imports

Imports into the Russian Federation

In 2022, purchases abroad of tulles and other net fabrics decreased by X% to X tons, falling for the third consecutive year after four years of growth. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, net fabric imports declined sharply to $X in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and South Korea (X tons) were the main suppliers of net fabric imports to Russia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest net fabric suppliers to Russia were China ($X), Turkey ($X) and South Korea ($X), together accounting for X% of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average net fabric import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, showed a deep setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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