Price for Silk; Woven Fabrics of Noil Silk in Belarus - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Belarus (CIF) - 2022
  2. Price for Silk; Woven Fabrics of Noil Silk in Belarus (FOB) - 2022
  3. Imports of Silk; Woven Fabrics of Noil Silk in Belarus
  4. Exports of Silk; Woven Fabrics of Noil Silk in Belarus

Price for Silk; Woven Fabrics of Noil Silk in Belarus (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $81,431 per ton in 2022, increasing by 75% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $115,439 per ton in 2013; however, from 2014 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 Lithuania ($89,927 per ton), while the price for China ($32,119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silk; Woven Fabrics of Noil Silk in Belarus (FOB) - 2022

The average export price for silk; woven fabrics of noil silks stood at $18,715 per ton in 2022, reducing by -8.6% against the previous year. In general, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 0.2%. Over the period under review, the average export prices hit record highs at $116,650 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 -16.7% per year.

Imports of Silk; Woven Fabrics of Noil Silk in Belarus

Imports of silk; woven fabrics of noil silks into Belarus surged to 1.1 tons in 2022, rising by 168% on 2021 figures. Overall, imports, however, showed a perceptible contraction.

In value terms, imports of silk; woven fabrics of noil silks surged to $87K in 2022. In general, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania22.627.26.573.948.4%
Italy31.939.910.910.2-31.6%
China0.91.70.71.313.0%
United Kingdom0.20.90.10.644.2%
RussiaN/A10.8N/AN/A0%
Others0.60.30.51.329.4%
Total56.180.818.687.315.9%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Belarus in 2022:

  1. Lithuania (822.0 kg)
  2. Italy (188.0 kg)
  3. China (42.0 kg)
  4. United Kingdom (17.0 kg)

Exports of Silk; Woven Fabrics of Noil Silk in Belarus

In 2022, after two years of decline, there was significant growth in overseas shipments of silk; woven fabrics of noil silks, when their volume increased by 57% to 130 kg. Over the period under review, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of silk; woven fabrics of noil silks skyrocketed to $2.4K in 2022. Overall, exports, however, continue to indicate a deep reduction.

Export of Silk; Woven Fabrics of Noil Silk in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.12.51.72.4-8.2%
OthersN/AN/AN/AN/A0%
Total3.12.51.72.4-8.2%

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Belarus in 2022:

  1. Russia (130.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silk; woven fabrics of noil silk - Belarus