Price for Textiles; Worn Clothing and Other Worn Articles in Belarus - 2022

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Belarus (CIF) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Belarus (FOB) - 2022
3. Imports of Textiles; Worn Clothing and Other Worn Articles in Belarus
4. Exports of Textiles; Worn Clothing and Other Worn Articles in Belarus

Price for Textiles; Worn Clothing and Other Worn Articles in Belarus (CIF) - 2022

In March 2022, the average import price for textiles; worn clothing and other worn articleses amounted to $1,631 per ton, approximately mirroring the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2021 an increase of 15% m-o-m. Over the period under review, average import prices reached the peak figure at $1,713 per ton in December 2021; however, from January 2022 to March 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Belgium ($4,420 per ton), while the price for Poland ($1,982 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Belarus (FOB) - 2022

The average export price for textiles; worn clothing and other worn articleses stood at $1,882 per ton in March 2022, which is down by -4.6% against the previous month. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in September 2021 when the average export price increased by 62% m-o-m. The export price peaked at $2,265 per ton in December 2021; however, from January 2022 to March 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +6.9% per month.

Imports of Textiles; Worn Clothing and Other Worn Articles in Belarus

In 2022, supplies from abroad of textiles; worn clothing and other worn articleses decreased by -37.2% to 26K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 45K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of textiles; worn clothing and other worn articleses fell to $55M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 42%.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Belarus in 2022:

1. Latvia (2.8K tons)
2. Netherlands (2.6K tons)
3. Lithuania (2.5K tons)
4. Poland (2.2K tons)
5. Germany (1.4K tons)
6. Russia (0.3K tons)
7. Belgium (0.1K tons)

Exports of Textiles; Worn Clothing and Other Worn Articles in Belarus

For the third consecutive year, Belarus recorded decline in shipments abroad of textiles; worn clothing and other worn articleses, which decreased by -99% to 114 tons in 2022. Overall, exports faced a significant decrease. The smallest decline of -7% was in 2021.

In value terms, exports of textiles; worn clothing and other worn articleses declined notably to $130K in 2022. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.1%.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Belarus in 2022:

1. Russia (113.4 tons)

Source: IndexBox Market Intelligence Platform