Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia (FOB) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia (CIF) - 2022
  3. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia
  4. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,937 per ton, surging by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +19.3% per year.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $6,775 per ton, reducing by -1.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 51% against the previous year. The import price peaked at $7,245 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,686 per ton), while the price for Uzbekistan ($6,418 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia

In 2022, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -23.6% to 110 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 958% against the previous year. As a result, the exports reached the peak of 143 tons, and then contracted markedly in the following year.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted declined to $980K in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,187% against the previous year. As a result, the exports attained the peak of $1.1M, and then dropped in the following year.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/AN/A9079717.1%
Belarus73.075.0126N/A31.4%
Others7.27.021.89.07.7%
Total80.282.01,055980130.3%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Russia in 2022:

  1. Moldova (109.1 tons)

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia

In 2022, supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -30.4% to 952 tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 125% against the previous year. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted rapidly to $6.4M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 214% against the previous year.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan1.32.63.43.032.1%
China0.35.15.41.881.7%
Turkey0.90.70.41.518.6%
Belarus0.1N/A0.1N/A0.0%
Others0.1N/AN/A0.10.0%
Total2.78.49.46.433.3%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Russia in 2022:

  1. Uzbekistan (471.1 tons)
  2. China (234.0 tons)
  3. Turkey (231.3 tons)

Source: IndexBox Market Intelligence Platform

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