Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia - 2022

Contents:

1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia (CIF) - 2022
2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia (FOB) - 2022
3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia
4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia (CIF) - 2022

The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $820 per thousand square meters in 2022, picking up by 4.4% against the previous year. Overall, the import price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 14% against the previous year. The import price peaked at $1.2 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($3.2 per square meter), while the price for China ($700 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia (FOB) - 2022

In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $1.5 per square meter, picking up by 39% against the previous year. Overall, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 137%. As a result, the export price attained the peak level of $2.2 per square meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($1.6 per square meter), while the average price for exports to Azerbaijan ($821 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia

Imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses into Russia declined markedly to 16M square meters in 2022, dropping by -15.4% compared with the previous year. Over the period under review, imports recorded a slight decline. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 19M square meters, and then dropped dramatically in the following year.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses contracted to $13M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $15M, and then shrank in the following year.

Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Russia in 2022:

1. China (13.1M square meters)
2. Turkey (2.7M square meters)
3. South Korea (0.4M square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Russia

For the third consecutive year, Russia recorded decline in shipments abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, which decreased by -71.6% to 209K square meters in 2022. Over the period under review, exports saw a sharp downturn. The smallest decline of -12.7% was in 2020. Over the period under review, the exports of reached the maximum at 1.1M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses dropped markedly to $311K in 2022. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Russia in 2022:

1. Armenia (121.9K square meters)
2. Kazakhstan (41.5K square meters)
3. Turkey (22.4K square meters)
4. Azerbaijan (21.3K square meters)

Source: IndexBox Market Intelligence Platform