Russian Federation: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in the Russian Federation

After four years of growth, the Russian pile and chenille fabric market decreased by X% to $X in 2022. Over the period under review, consumption showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from the Russian Federation

In 2022, approx. X tons of woven pile fabrics and chenille fabrics were exported from Russia; reducing by X% compared with 2021 figures. In general, exports faced a abrupt slump. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pile and chenille fabric exports declined sharply to $X in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for pile and chenille fabric exports from Russia, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to Kazakhstan exceeded the volume sent to the second major destination, Armenia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Austria (X.2% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for woven pile fabrics and chenille fabrics exports from Russia, comprising X% of total exports. The second position in the ranking was held by Armenia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Austria (X.5% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Kazakhstan ($X 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 Armenia (X%), while the prices for the other major destinations experienced a decline.

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Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into the Russian Federation

After three years of growth, purchases abroad of woven pile fabrics and chenille fabrics decreased by X% to X tons in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pile and chenille fabric imports reduced sharply to $X in 2022. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest pile and chenille fabric supplier to Russia, accounting for a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Russia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

Import Prices by Country

The average pile and chenille fabric import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price saw a slight decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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