CIS: Market for Nets of Twine, Cordage, Rope or Textile Materials 2022

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in CIS

In 2021, after five years of growth, there was significant decline in the CIS market for nets of twine, cordage, rope or textile materials, when its value decreased by -7% to $X. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped in the following year.

Production of Nets of Twine, Cordage, Rope or Textile Materials in CIS

In value terms, twine, cordage or textile net production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports in CIS

In 2021, approx. X tons of nets of twine, cordage, rope or textile materials were exported in the CIS; growing by 24% compared with 2020 figures. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 70% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, twine, cordage or textile net exports skyrocketed to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 35%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia was the largest exporter of nets of twine, cordage, rope or textile materials in the CIS, with the volume of exports accounting for X tons, which was approx. 86% of total exports in 2021. It was distantly followed by Belarus (X tons), achieving a 14% share of total exports.

Exports from Russia increased at an average annual rate of +11.3% from 2012 to 2021. At the same time, Belarus (+21.7%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +21.7% from 2012-2021. From 2012 to 2021, the share of Belarus increased by +7.1 percentage points.

In value terms, Russia ($X) remains the largest twine, cordage or textile net supplier in the CIS, comprising 93% of total exports. The second position in the ranking was taken by Belarus ($X), with a 6% share of total exports.

In Russia, twine, cordage or textile net exports increased at an average annual rate of +8.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, surging by 5% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2013 an increase of 27%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Belarus amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-2.7%).

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports in CIS

In 2021, after four years of growth, there was significant decline in supplies from abroad of nets of twine, cordage, rope or textile materials, when their volume decreased by -9.1% to X tons. Total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.2% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of 26%. Over the period under review, imports attained the peak figure at X tons in 2020, and then fell in the following year.

In value terms, twine, cordage or textile net imports totaled $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.2% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 33% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Imports by Country

Russia was the main importer of nets of twine, cordage, rope or textile materials in the CIS, with the volume of imports recording X tons, which was near 58% of total imports in 2021. Kazakhstan (X tons) held the second position in the ranking, followed by Belarus (X tons), Uzbekistan (X tons) and Moldova (X tons). All these countries together held approx. 37% share of total imports. The following importers - Azerbaijan (X tons) and Armenia (X tons) - each resulted at a 3.6% share of total imports.

Imports into Russia increased at an average annual rate of +1.3% from 2012 to 2021. At the same time, Belarus (+38.1%), Uzbekistan (+25.8%), Moldova (+21.4%), Armenia (+9.5%) and Kazakhstan (+4.3%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +38.1% from 2012-2021. By contrast, Azerbaijan (-5.4%) illustrated a downward trend over the same period. While the share of Belarus (+12 p.p.), Uzbekistan (+4.2 p.p.) and Moldova (+3.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Azerbaijan (-2.6 p.p.) and Russia (-14.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported nets of twine, cordage, rope or textile materials in the CIS, comprising 68% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total imports. It was followed by Belarus, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +3.5%. In the other countries, the average annual rates were as follows: Kazakhstan (+3.6% per year) and Belarus (+20.1% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, growing by 18% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Armenia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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