Price for Wadding; Other Articles Thereof, of Cotton in Russia - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Cotton in Russia (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Cotton in Russia (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Cotton in Russia
  4. Exports of Wadding; Other Articles Thereof, of Cotton in Russia

Price for Wadding; Other Articles Thereof, of Cotton in Russia (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $2,422 per ton in 2022, leveling off at the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16%. As a result, import price reached the peak level of $6,533 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($9,173 per ton), while the price for Kazakhstan ($1,995 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in Russia (FOB) - 2022

The average export price for wadding; other articles thereof, of cotta stood at $5,787 per ton in 2022, growing by 13% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 17% against the previous year. The export price peaked at $8,484 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Azerbaijan ($6,663 per ton) and Uzbekistan ($6,441 per ton), while the average price for exports to Latvia ($4,458 per ton) and Ukraine ($4,848 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wadding; Other Articles Thereof, of Cotton in Russia

In 2022, after two years of decline, there was growth in purchases abroad of wadding; other articles thereof, of cotta, when their volume increased by 3.2% to 13K tons. Over the period under review, imports, however, recorded a perceptible shrinkage.

In value terms, imports of wadding; other articles thereof, of cotta amounted to $32M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of $34M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wadding; Other Articles Thereof, of Cotton in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan18.817.019.824.69.4%
China1.83.03.02.714.5%
KazakhstanN/AN/AN/A1.40%
Poland4.24.40.70.9-40.2%
Latvia1.73.92.50.5-33.5%
Estonia0.92.02.80.4-23.7%
India0.80.60.10.3-27.9%
Others2.32.72.11.3-17.3%
Total30.633.731.032.01.5%

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Russia in 2022:

  1. Uzbekistan (11.4K tons)
  2. Kazakhstan (0.7K tons)
  3. China (0.4K tons)
  4. Estonia (0.1K tons)
  5. Poland (0.1K tons)
  6. India (0.1K tons)
  7. Latvia (0.1K tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Russia

After three years of growth, shipments abroad of wadding; other articles thereof, of cotta decreased by -19.9% to 2K tons in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 1.6%. As a result, the exports reached the peak of 2.5K tons, and then reduced rapidly in the following year.

In value terms, exports of wadding; other articles thereof, of cotta reduced to $12M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, the exports attained the peak of $13M, and then fell in the following year.

Export of Wadding; Other Articles Thereof, of Cotton in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan5.14.45.27.011.1%
Uzbekistan0.60.60.81.329.4%
Kyrgyzstan0.40.40.41.140.1%
Poland0.60.50.20.60.0%
Vietnam0.10.10.20.458.7%
Armenia0.20.20.30.314.5%
Azerbaijan0.20.20.50.314.5%
Latvia0.40.20.3N/A-13.4%
Belarus3.63.64.1N/A6.7%
Others0.60.60.90.5-5.9%
Total11.710.812.811.6-0.3%

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Russia in 2022:

  1. Kazakhstan (1217.1 tons)
  2. Kyrgyzstan (213.5 tons)
  3. Uzbekistan (194.7 tons)
  4. Poland (104.8 tons)
  5. Vietnam (72.6 tons)
  6. Armenia (60.8 tons)
  7. Azerbaijan (44.6 tons)
  8. Latvia (9.2 tons)

Source: IndexBox Market Intelligence Platform

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