Price for Embroidery; in the Piece, in Strips or in Motifs in Belarus - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Belarus (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Belarus (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Belarus
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Belarus
Price for Embroidery; in the Piece, in Strips or in Motifs in Belarus (CIF) - 2022
In March 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $3,590 per ton, with an increase of 32% against the previous month. Over the period under review, import price indicated a temperate expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for embroidery; in the piece, in strips or in motifses increased by +49.4% against January 2022 indices. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 102% month-to-month. As a result, import price reached the peak level of $5,039 per ton. From December 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($6,171 per ton), while the price for Turkey stood at $1,752 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Price for Embroidery; in the Piece, in Strips or in Motifs in Belarus (FOB) - 2022
In March 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $1,937 per ton, surging by 1.5% against the previous month. In general, the export price showed a strong expansion. The pace of growth appeared the most rapid in September 2021 when the average export price increased by 143% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,343 per ton in November 2021; however, from December 2021 to March 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +8.8% per month.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Belarus
In 2022, the amount of embroidery; in the piece, in strips or in motifses imported into Belarus skyrocketed to 1.7K tons, with an increase of 126% against the previous year's figure. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 268%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $6.9M in 2022. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.7 | 0.2 | 1.8 | 3.2 | 5.8% |
| China | 1.1 | 0.7 | 0.6 | 1.5 | 10.9% |
| Others | 1.1 | 0.9 | 1.1 | 2.3 | 27.9% |
| Total | 5.0 | 1.9 | 3.5 | 6.9 | 11.3% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Belarus in 2022:
- Turkey (1388.1 tons)
- China (272.4 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Belarus
In 2022, approx. 3.2K tons of embroidery; in the piece, in strips or in motifses were exported from Belarus; picking up by 1,076% compared with the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of embroidery; in the piece, in strips or in motifses skyrocketed to $9.1M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 728% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.6 | 0.2 | 1.3 | 9.0 | 146.6% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.6 | 0.2 | 1.4 | 9.1 | 147.5% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Belarus in 2022:
- Russia (3.2K tons)
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