Price for Knitted or Crocheted Pile Fabrics in Belarus - 2022
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Belarus (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Belarus (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Belarus
- Exports of Knitted or Crocheted Pile Fabrics in Belarus
Price for Knitted or Crocheted Pile Fabrics in Belarus (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $4,036 per ton, with an increase of 64% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. Over the period under review, average import prices hit record highs at $7,103 per ton in 2014; however, from 2015 to 2022, 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 Russia ($12,562 per ton), while the price for Turkey ($3,204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knitted or Crocheted Pile Fabrics in Belarus (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $3,469 per ton in 2022, jumping by 41% against the previous year. In general, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. Over the period under review, the average export prices hit record highs at $7,579 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.6% per year.
Imports of Knitted or Crocheted Pile Fabrics in Belarus
Knitted or crocheted pile fabrics imports into Belarus shrank remarkably to 5.5K tons in 2022, falling by -51.5% against the previous year's figure. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 79% against the previous year. As a result, imports attained the peak of 11K tons, and then fell notably in the following year.
In value terms, knitted or crocheted pile fabrics imports declined remarkably to $22M in 2022. Overall, imports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, imports reached the peak of $28M, and then fell significantly in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.8 | 11.7 | 19.1 | 15.2 | -3.3% |
| Russia | 4.5 | 3.9 | 6.3 | 5.0 | 3.6% |
| Turkey | 1.8 | 1.1 | 2.1 | 1.6 | -3.9% |
| Others | 0.7 | 0.5 | 0.6 | 0.5 | -10.6% |
| Total | 23.8 | 17.2 | 28.1 | 22.4 | -2.0% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Belarus in 2022:
- China (4.6K tons)
- Turkey (0.5K tons)
- Russia (0.4K tons)
Exports of Knitted or Crocheted Pile Fabrics in Belarus
In 2022, approx. 4.1K tons of knitted or crocheted pile fabricses were exported from Belarus; dropping by -24.8% compared with 2021 figures. Over the period under review, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 3.6%.
In value terms, knitted or crocheted pile fabrics exports expanded markedly to $14M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 74% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Knitted or Crocheted Pile Fabrics in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.5 | 7.3 | 13.0 | 13.7 | 13.0% |
| Others | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| Total | 10.1 | 7.7 | 13.3 | 14.1 | 11.8% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Belarus in 2022:
- Russia (4.0K tons)
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