Report Update Nov 1, 2024

Belarus - Knitted or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Knitted Fabric Market 2024

Knitted Fabric Market Size in Belarus

The Belarusian knitted fabric market surged to $X in 2021, picking up by 16% against the previous year. Over the period under review, consumption, however, saw a deep reduction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Knitted Fabric Production in Belarus

In value terms, knitted fabric production reached $X in 2021 estimated in export price. In general, production, however, saw a abrupt decrease. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Knitted Fabric Exports

Exports from Belarus

In 2021, approx. X tons of knitted or crocheted fabrics were exported from Belarus; reducing by -9.5% against the previous year. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2016 when exports increased by 451% against the previous year. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, knitted fabric exports skyrocketed to $X in 2021. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 71%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for knitted fabric exports from Belarus, accounting for a approx. 49% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +32.1%.

In value terms, Russia ($X) also remains the key foreign market for knitted or crocheted fabrics exports from Belarus.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +14.6%.

Export Prices by Country

The average knitted fabric export price stood at $X per ton in 2021, rising by 52% against the previous year. In general, the export price, however, showed a abrupt downturn. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 2021, the rate of growth in terms of prices for Russia amounted to -13.2% per year.

Knitted Fabric Imports

Imports into Belarus

In 2021, after nine years of growth, there was significant decline in supplies from abroad of knitted or crocheted fabrics, when their volume decreased by -7.9% to X tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 416% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then shrank in the following year.

In value terms, knitted fabric imports expanded modestly to $X in 2021. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 121% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Russia (X tons) were the main suppliers of knitted fabric imports to Belarus, with a combined 56% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +34.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Russia ($X) constituted the largest knitted fabric suppliers to Belarus, with a combined 90% share of total imports.

Among the main suppliers, China, with a CAGR of +22.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average knitted fabric import price amounted to $X per ton, rising by 12% against the previous year. In general, the import price, however, recorded a abrupt slump. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for knitted or crocheted fabrics in the world?

China remains the largest knitted fabric consuming country worldwide, comprising approx. 19% of total volume. Moreover, knitted fabric consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Vietnam ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of knitted or crocheted fabrics in the world?

The country with the largest volume of knitted fabric production was China, comprising approx. 59% of total volume. Moreover, knitted fabric production in China exceeded the figures recorded by the second-largest producer, South Korea, more than tenfold. The third position in this ranking was occupied by Brazil, with a 4% share.

What are the leading suppliers of knitted or crocheted fabrics to Belarus?

In value terms, Turkey constituted the largest supplier of knitted fabric to Belarus, comprising 77% of total imports. The second position in the ranking was occupied by China, with a 9.4% share of total imports.

What are the leading importers of knitted or crocheted fabrics from Belarus?

In value terms, Russia remains the key foreign market for knitted fabric exports from Belarus.

What is the average export price for knitted or crocheted fabrics in Belarus?

In 2021, the average knitted fabric export price amounted to $3,559 per ton, increasing by 7.9% against the previous year.

What is the average import price for knitted or crocheted fabrics in Belarus?

In 2021, the average knitted fabric import price amounted to $5,267 per ton, surging by 23% against the previous year.

This report provides an in-depth analysis of the knitted fabric market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023