Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia - 2022

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (CIF) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (CIF) - 2022

In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $7,073 per ton, shrinking by -25.1% against the previous year. In general, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 85% against the previous year. As a result, import price attained the peak level of $17,494 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Japan ($107,430 per ton), while the price for Turkey ($5,094 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.3%), while the prices for the other major suppliers experienced a decline.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (FOB) - 2022

The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $5,741 per ton in 2022, increasing by 52% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2017 an increase of 201%. As a result, the export price attained the peak level of $42,981 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($6,092 per ton), while the average price for exports to Kyrgyzstan ($1,752 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 Kazakhstan (+3.9%), while the prices for the other major destinations experienced a decline.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia

For the fourth year in a row, Russia recorded growth in purchases abroad of man-made filament yarn (other than sewing thread), put up for retail sale, which increased by 0.7% to 247 tons in 2022. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale reduced notably to $1.7M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $2.3M, and then declined markedly in the following year.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68894784395211.4%
Turkey31140.11433887.7%
Japan2324717683039.3%
Belarus53.834.282.8N/A24.1%
Others171237474103-15.5%
Total1,4551,7292,3111,7466.3%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Russia in 2022:

  1. China (164.2 tons)
  2. Turkey (76.2 tons)
  3. Japan (2.8 tons)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia

Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Russia soared to 17 tons in 2022, surging by 294% against 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 317%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $97K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan0.85.16.893.8389.4%
KyrgyzstanN/AN/A0.11.41300.0%
Moldova0.20.32.21.281.7%
Belarus6.613.012.6N/A38.2%
Others0.40.20.71.035.7%
Total8.118.622.497.4129.1%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Russia in 2022:

  1. Kazakhstan (15.4 tons)
  2. Kyrgyzstan (0.8 tons)
  3. Moldova (0.3 tons)

Source: IndexBox Market Intelligence Platform

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