CIS: Textile Wick Market 2020

Textile Wick Market Size in CIS

The revenue of the textile wick market in CIS amounted to $X in 2017, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The textile wick consumption continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. The level of textile wick consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Textile Wick Exports in CIS

In 2017, textile wick exports in CIS amounted to X tons, growing by X% against the previous year. The textile wick exports continue to indicate a strong expansion. The growth pace was the most rapid in 2012, when exports increased by X% against the previous year. Over the period under review, the textile wick exports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, textile wick exports stood at $X in 2017. The textile wick exports continue to indicate a noticeable increase. Over the period under review, the textile wick exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Textile Wick Exports by Country in CIS

Russia prevails in textile wick exports structure, resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Belarus (X tons), comprising X% share of total exports. Kazakhstan (X kg) held the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to textile wick exports from Russia stood at +X%. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. Kazakhstan (X%) significantly strengthened its position in terms of the global exports, while Belarus and Russia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest textile wick supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-X% per year) and Kazakhstan (-X% per year).

Textile Wick Export Prices by Country in CIS

The textile wick export price in CIS stood at $X per kg in 2017, dropping by -X% against the previous year. The textile wick export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, an increase of X% year-to-year. In that year, the export prices for textile wicks, conveyor belts or belting attained their peak level of $X per kg. From 2014 to 2017, growth of the export prices for textile wicks, conveyor belts or belting stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Belarus ($X per kg) and Russia ($X per kg), while Kazakhstan ($X per kg) and Russia ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year), while the other leaders experienced a decline in the export price figures.

Textile Wick Imports in CIS

In 2017, imports of textile wicks, conveyor belts or belting in CIS stood at X tons, going up by X% against the previous year. The textile wick imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, textile wick imports totaled $X in 2017. The textile wick imports continue to indicate a relatively flat trend pattern. In that year, the textile wick imports reached their peak level of $X. From 2009 to 2017, growth of the textile wick imports failed to regain its momentum.

Textile Wick Imports by Country in CIS

Russia prevails in textile wick imports structure, finishing at X tons, which was approx. X% of total imports in 2017. Belarus (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Kazakhstan (X%). Azerbaijan (X tons) occupied the weak share of total imports.

Russia experienced a relatively flat trend pattern of textile wicks, conveyor belts or belting imports. At the same time, Azerbaijan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. While the share of Azerbaijan (-X%) and Belarus (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported textile wicks, conveyor belts or belting in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

In Russia, textile wick imports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (+X% per year).

Textile Wick Import Prices by Country in CIS

In 2017, the textile wick import price in CIS amounted to $X per ton, jumping by X% against the previous year. The textile wick import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% y-o-y. The level of import price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Azerbaijan ($X per kg), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Azerbaijan (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform