Russian Federation: Market for Silk Shawls And Scarves 2024

Market Size for Silk Shawls And Scarves in the Russian Federation

The Russian silk shawl and scarf market contracted 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). Overall, consumption continues to indicate a precipitous decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from the Russian Federation

Silk shawl and scarf exports from Russia declined dramatically to X units in 2022, which is down by X% on 2021. Overall, exports recorded a precipitous contraction. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk shawl and scarf exports contracted rapidly to $X in 2022. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belarus (X units) was the main destination for silk shawl and scarf exports from Russia, with a X% share of total exports. Moreover, silk shawl and scarf exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X units), eightfold. The third position in this ranking was held by Romania (X units), with a X% share.

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

In value terms, Belarus ($X) remains the key foreign market for silk shawls and scarves exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with an X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belarus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the average silk shawl and scarf export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

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

Imports of Silk Shawls And Scarves

Imports into the Russian Federation

In 2022, imports of silk shawls and scarves into Russia fell remarkably to X units, waning by X% against the previous year. Over the period under review, imports recorded a dramatic decrease. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, silk shawl and scarf imports contracted notably to $X in 2022. Overall, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Kyrgyzstan (X units) and China (X units) were the main suppliers of silk shawl and scarf imports to Russia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kyrgyzstan (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X) constituted the largest supplier of silk shawls and scarves to Russia, comprising X% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average silk shawl and scarf import price amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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