Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $6,492 per ton in 2022, dropping by -43.2% against the previous year. Overall, the import price showed a abrupt downturn. The growth pace was the most rapid in 2019 when the average import price increased by 37%. The import price peaked at $14,711 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($17,175 per ton), while the price for Belarus ($1,165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $10,639 per ton, falling by -2.7% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 26% against the previous year. The export price peaked at $21,490 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($20,276 per ton), while the average price for exports to Kyrgyzstan ($2,965 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale imported into Russia soared to 482 tons, jumping by 59% compared with 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale shrank to $3.1M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of $3.5M, and then dropped in the following year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 285 | 505 | 8.1 | 1,030 | 53.5% |
| North Macedonia | 241 | 235 | 174 | 838 | 51.5% |
| Serbia | 70.2 | 59.1 | 91.3 | 359 | 72.3% |
| India | 100 | 151 | 164 | 188 | 23.4% |
| China | 387 | 213 | 789 | 74.9 | -42.2% |
| Belarus | 60.8 | 49.8 | 203 | 67.4 | 3.5% |
| Turkey | 334 | 423 | 570 | 50.0 | -46.9% |
| Others | 841 | 1,157 | 1,464 | 521 | -14.8% |
| Total | 2,319 | 2,793 | 3,464 | 3,129 | 10.5% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Russia in 2022:
- North Macedonia (140.9 tons)
- India (102.1 tons)
- Croatia (60.0 tons)
- Belarus (57.8 tons)
- Serbia (54.7 tons)
- China (24.4 tons)
- Turkey (10.2 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia
For the fourth consecutive year, Russia recorded growth in overseas shipments of cotton yarn (other than sewing thread), put up for retail sale, which increased by 1.7% to 40 tons in 2022. The total export volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale reduced to $430K in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 14% against the previous year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 40.6 | 36.9 | 67.9 | 280 | 90.3% |
| Hungary | 7.7 | 17.7 | 14.6 | 36.4 | 67.8% |
| Kyrgyzstan | N/A | N/A | 0.3 | 35.7 | 11800.0% |
| Latvia | 4.9 | 11.3 | 21.0 | 35.5 | 93.5% |
| Czech Republic | 47.5 | 60.8 | 44.6 | 24.9 | -19.4% |
| Armenia | 0.4 | 0.1 | N/A | 11.1 | 202.8% |
| Poland | 37.6 | 41.7 | 2.6 | 0.7 | -73.5% |
| Belarus | 186 | 209 | 208 | N/A | 5.7% |
| Ukraine | 29.9 | 30.4 | 52.9 | N/A | 33.0% |
| Others | 18.0 | 17.0 | 22.1 | 5.8 | -31.4% |
| Total | 373 | 425 | 434 | 430 | 4.9% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Russia in 2022:
- Kazakhstan (18.7 tons)
- Kyrgyzstan (12.0 tons)
- Latvia (4.8 tons)
- Hungary (1.9 tons)
- Czech Republic (1.4 tons)
- Armenia (1.1 tons)
- Poland (0.1 tons)
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