Belarus: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Belarus

In 2022, the Belarusian synthetic yarn market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a deep contraction. Synthetic yarn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Synthetic Yarn Production in Belarus

In value terms, synthetic yarn production expanded remarkably to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Synthetic Yarn Exports

Exports from Belarus

In 2022, shipments abroad of yarn of synthetic or artificial staple fibers increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports saw a temperate increase. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, synthetic yarn exports soared to $X in 2022. Over the period under review, total exports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for synthetic yarn exports from Belarus, with a X% share of total exports. Moreover, synthetic yarn exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Ukraine (X% per year).

In value terms, Russia ($X) remains the key foreign market for yarn of synthetic or artificial staple fibers exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average synthetic yarn export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($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 Ukraine (X%), while the prices for the other major destinations experienced a decline.

Synthetic Yarn Imports

Imports into Belarus

In 2022, purchases abroad of yarn of synthetic or artificial staple fibers increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted a strong increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, synthetic yarn imports rose modestly to $X in 2022. In general, imports saw a slight increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest synthetic yarn supplier to Belarus, accounting for a X% share of total imports. Moreover, synthetic yarn imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by Russia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Russia (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of yarn of synthetic or artificial staple fibers to Belarus, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and China (X% per year).

Import Prices by Country

The average synthetic yarn import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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