CIS: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in CIS

The CIS cotton embroidery market expanded notably to $X in 2022, surging by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Cotton Embroidery Production in CIS

In value terms, cotton embroidery production expanded markedly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Cotton Embroidery Exports

Exports in CIS

Cotton embroidery exports fell to X tons in 2022, with a decrease of X% compared with the year before. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cotton embroidery exports fell notably to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Kyrgyzstan (X kg), Belarus (X kg) and Russia (X kg), together resulting at X% of total export. Uzbekistan (X kg) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Russia ($X) remains the largest cotton embroidery supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Uzbekistan, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, dropping by X% against the previous year. Overall, the export price saw a pronounced slump. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the export price figures.

Cotton Embroidery Imports

Imports in CIS

In 2022, after three years of growth, there was significant decline in overseas purchases of cotton embroidery in the piece, when their volume decreased by X% to X tons. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cotton embroidery imports stood at $X in 2022. Over the period under review, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the main importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Belarus (X tons) and Uzbekistan (X tons), together creating a X% share of total imports.

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

In value terms, Russia ($X) constitutes the largest market for imported cotton embroidery in the piece in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports.

In Russia, cotton embroidery imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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