Belarus: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2025

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Belarus

In 2022, after two years of growth, there was significant decline in the Belarusian market for coconut, abaca, ramie and other vegetable textile fibres, when its value decreased by -26.2% to $X. Overall, consumption, however, showed a significant increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped sharply in the following year.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Belarus

In 2022, the amount of coconut, abaca, ramie and other vegetable textile fibres exported from Belarus rose sharply to X tons, growing by 5.8% compared with the previous year. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 506%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres shrank markedly to $X in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 500%. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Russia (X tons) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from Belarus, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +69.7%.

In value terms, Russia ($X) also remains the key foreign market for coconut, abaca, ramie and other vegetable textile fibres exports from Belarus.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +27.8%.

Export Prices by Country

In 2022, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, declining by -29.5% against the previous year. In general, the export price showed a sharp slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 -24.7% per year.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Belarus

After two years of growth, purchases abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by -33.7% to X tons in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2016 when imports increased by 539%. Imports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres dropped to $X in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 457%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Sri Lanka (X tons) was the main coconut, abaca, ramie and other vegetable textile fibre supplier to Belarus, accounting for a 90% share of total imports. Moreover, imports of coconut, abaca, ramie and other vegetable textile fibres from Sri Lanka exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sri Lanka amounted to +149.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+65.4% per year) and Belgium (+25.1% per year).

In value terms, Sri Lanka ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to Belarus, comprising 81% of total imports. The second position in the ranking was taken by India ($X), with a 7.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sri Lanka stood at +113.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+49.9% per year) and Belgium (+47.1% per year).

Import Prices by Country

In 2022, the average import price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, surging by 32% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Belgium ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform