Report Update Nov 1, 2024

Russian Federation - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Russian Federation: Aramids Staple Market 2024

Aramids Staple Market Size in the Russian Federation

In 2021, the Russian aramids staple market decreased by -28.7% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, recorded a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped dramatically in the following year.

Aramids Staple Exports

Exports from the Russian Federation

In 2021, overseas shipments of aramids staple increased by 227% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 12,489%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, aramids staple exports skyrocketed to $X in 2021. Over the period under review, exports recorded prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 12,549% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for aramids staple exports from Russia, accounting for a 96% share of total exports. Moreover, aramids staple exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus amounted to +62.8%.

In value terms, Belarus ($X) remains the key foreign market for aramids staple exports from Russia, comprising 99% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 0.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belarus amounted to +44.0%.

Export Prices by Country

In 2021, the average aramids staple export price amounted to $X per ton, falling by -19.7% against the previous year. Over the period under review, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Belarus ($X per ton), while the average price for exports to Kazakhstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-3.8%), while the prices for the other major destinations experienced a decline.

Aramids Staple Imports

Imports into the Russian Federation

In 2021, aramids staple imports into Russia fell markedly to X tons, waning by -23.1% compared with 2020. In general, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 511%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, aramids staple imports reduced notably to $X in 2021. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 620%. Over the period under review, imports attained the peak figure at $X in 2020, and then contracted significantly in the following year.

Imports by Country

In 2021, South Korea (X tons) constituted the largest aramids staple supplier to Russia, with a 53% share of total imports. Moreover, aramids staple imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Thailand (X tons), with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at +51.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.8% per year) and Thailand (+47.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of aramids staple to Russia, comprising 63% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Thailand, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea totaled +45.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.8% per year) and Thailand (+31.9% per year).

Import Prices by Country

In 2021, the average aramids staple import price amounted to $X per ton, reducing by -5.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 19%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the world?

The countries with the highest volumes of aramids staple consumption in 2020 were China, Japan and Spain, with a combined 34% share of global consumption. These countries were followed by Belgium, Germany, Turkey, Italy, the Netherlands, Pakistan, India, the United States, Taiwan Chinese) and South Korea, which together accounted for a further 48%.

What are the largest producers of aramids staple in the world?

The countries with the highest volumes of aramids staple production in 2020 were Spain, South Korea and Thailand, together comprising 69% of global production. France, Japan, Slovakia and the United States lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of aramids staple to the Russian Federation?

In value terms, South Korea constituted the largest supplier of aramids staple to Russia, comprising 76% of total imports. The second position in the ranking was occupied by China, with a 13% share of total imports. It was followed by Thailand, with a 5.4% share.

What are the leading importers of aramids staple from the Russian Federation?

In value terms, Belarus remains the key foreign market for aramids staple exports from Russia.

What is the average export price for aramids staple in the Russian Federation?

The average aramids staple export price stood at $23,369 per ton in 2020, jumping by 31% against the previous year.

What is the average import price for aramids staple in the Russian Federation?

In 2020, the average aramids staple import price amounted to $24,013 per ton, growing by 19% against the previous year.

This report provides an in-depth analysis of the aramids staple market in the Russian Federation. 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 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
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