Price for Cotton; Sewing Thread, Put Up for Retail Sale in Belarus - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Belarus (FOB) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Belarus (CIF) - 2022
  3. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Belarus
  4. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Belarus

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Belarus (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $15,954 per ton in 2022, rising by 2.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 87% against the previous year. The export price peaked at $22,130 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 +1.0% per year.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Belarus (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $5,334 per ton in 2022, with a decrease of -17.9% against the previous year. In general, the import price saw a perceptible descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $16,948 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($13,250 per ton), while the price for China ($1,123 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Belarus

In 2022, shipments abroad of cotton; sewing thread, put up for retail sale decreased by -4.8% to 3.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2020 with an increase of 174%. As a result, the exports reached the peak of 5.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cotton; sewing thread, put up for retail sale reduced modestly to $49K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 147% against the previous year. As a result, the exports attained the peak of $60K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia24.059.550.049.527.3%
Others0.1N/A0.6N/A144.9%
Total24.159.550.649.527.1%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Belarus in 2022:

  1. Russia (3.1 tons)

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Belarus

In 2022, imports of cotton; sewing thread, put up for retail sale into Belarus shrank rapidly to 4.7 tons, with a decrease of -16.1% on 2021 figures. Overall, imports showed a abrupt downturn. The smallest decline of -1.2% was in 2021.

In value terms, imports of cotton; sewing thread, put up for retail sale fell notably to $25K in 2022. In general, imports saw a precipitous slump. The smallest decline of -22.8% was in 2021.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia75.739.026.520.4-35.4%
China3.86.67.03.1-6.6%
Germany0.50.42.10.921.6%
India2.30.50.10.4-44.2%
Italy0.20.50.40.20.0%
Others0.3N/A0.2N/A-18.4%
Total82.847.036.325.0-32.9%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Belarus in 2022:

  1. China (2745.0 kg)
  2. Russia (1541.0 kg)
  3. India (258.0 kg)
  4. Germany (85.0 kg)
  5. Italy (62.0 kg)

Source: IndexBox Market Intelligence Platform

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