Belarus: Twine And Cordage Market 2025

Twine And Cordage Market Size in Belarus

The Belarusian twine and cordage market skyrocketed to $X in 2022, picking up by 16% against the previous year. Overall, consumption, however, recorded a deep setback. Twine and cordage consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Twine And Cordage Production in Belarus

In value terms, twine and cordage production fell slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by 18% against the previous year. Twine and cordage production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Twine And Cordage Exports

Exports from Belarus

In 2022, the amount of twine, cordage, rope and cables exported from Belarus dropped markedly to X tons, waning by -25.7% on the previous year's figure. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 79%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, twine and cordage exports declined to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 46% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Russia (X tons) was the main destination for twine and cordage exports from Belarus, with a 93% share of total exports. It was followed by Kazakhstan (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+14.0% per year) and Moldova (+36.6% per year).

In value terms, Russia ($X) remains the key foreign market for twine, cordage, rope and cables exports from Belarus, comprising 92% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+11.3% per year) and Moldova (+34.8% per year).

Export Prices by Country

The average twine and cordage export price stood at $X per ton in 2022, growing by 23% against the previous year. Overall, the export price, however, showed a perceptible contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Kazakhstan ($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 Moldova (-1.3%), while the prices for the other major destinations experienced a decline.

Twine And Cordage Imports

Imports into Belarus

In 2022, overseas purchases of twine, cordage, rope and cables decreased by -8.8% to X tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a pronounced slump. The pace of growth appeared the most rapid in 2019 with an increase of 30% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, twine and cordage imports expanded modestly to $X in 2022. In general, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 27%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest twine and cordage supplier to Belarus, accounting for a 44% share of total imports. Moreover, twine and cordage imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.9% per year) and Poland (+2.4% per year).

In value terms, Russia ($X) constituted the largest supplier of twine, cordage, rope and cables to Belarus, comprising 43% of total imports. The second position in the ranking was taken by Poland ($X), with a 12% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+3.8% per year) and China (+9.2% per year).

Import Prices by Country

The average twine and cordage import price stood at $X per ton in 2022, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 when the average import price increased by 30%. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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