Price for Clothing; Parts, Knitted or Crocheted in Belarus - 2022

Price for Clothing; Parts, Knitted or Crocheted in Belarus (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $17,212 per ton in 2022, picking up by 46% against the previous year. In general, the import price, however, showed a noticeable downturn. The import price peaked at $27,599 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($23,983 per ton), while the price for Russia ($10,935 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Clothing; Parts, Knitted or Crocheted in Belarus (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $21,002 per ton in 2022, picking up by 44% against the previous year. In general, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2017 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($21,147 per ton), while the average price for exports to Germany stood at $12,635 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.2%).

Imports of Clothing; Parts, Knitted or Crocheted in Belarus

In 2022, the amount of clothing; parts, knitted or crocheted imported into Belarus fell to 78 tons, shrinking by -7.4% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 84 tons, and then dropped in the following year.

In value terms, clothing; parts, knitted or crocheted imports skyrocketed to $1.3M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clothing; Parts, Knitted or Crocheted in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	498	552	512	670	10.4%
Russia	318	342	236	385	6.6%
Latvia	94.3	77.1	82.3	109	4.9%
Turkey	116	60.5	49.4	96.9	-5.8%
China	25.7	19.8	1.1	20.0	-8.0%
Turkmenistan	N/A	N/A	67.9	N/A	0%
Others	42.9	51.8	49.9	65.8	15.3%
Total	1,095	1,103	998	1,346	7.1%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Belarus in 2022:

Russia (35.2 tons)
Italy (27.9 tons)
Turkey (6.6 tons)
Latvia (5.1 tons)
China (1.3 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Belarus

In 2022, the amount of clothing; parts, knitted or crocheted exported from Belarus soared to 25 tons, increasing by 22% against 2021. Over the period under review, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, clothing; parts, knitted or crocheted exports surged to $525K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 90%. The exports peaked in 2022 and are likely to see steady growth in years to come.