Russian Federation: Cotton Yarn Market 2025

Cotton Yarn Market Size in the Russian Federation

After two years of growth, the Russian cotton yarn market decreased by -16% to $X in 2022. Over the period under review, consumption, however, posted a moderate expansion. Cotton yarn consumption peaked at $X in 2021, and then shrank dramatically in the following year.

Cotton Yarn Production in the Russian Federation

In value terms, cotton yarn production declined to $X in 2022 estimated in export price. In general, production faced a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of 8.3%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Cotton Yarn Exports

Exports from the Russian Federation

In 2022, approx. X tons of cotton yarn were exported from Russia; increasing by 8% on the previous year. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 72%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, cotton yarn exports fell to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Italy (X tons) and Kazakhstan (X tons) were the main destinations of cotton yarn exports from Russia, with a combined 89% share of total exports. Kyrgyzstan and Latvia lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of +364.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cotton yarn exported from Russia were Italy ($X), Belarus ($X) and Kazakhstan ($X), with a combined 97% share of total exports. Kyrgyzstan and Latvia lagged somewhat behind, together accounting for a further 1.9%.

In terms of the main countries of destination, Kyrgyzstan, with a CAGR of +141.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton yarn export price stood at $X per ton in 2022, declining by -14.7% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Kyrgyzstan ($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 Latvia (+14.6%), while the prices for the other major destinations experienced a decline.

Cotton Yarn Imports

Imports into the Russian Federation

In 2022, after five years of growth, there was decline in overseas purchases of cotton yarn, when their volume decreased by -3.4% to X tons. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 222%. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank modestly in the following year.

In value terms, cotton yarn imports declined dramatically to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 341% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped significantly in the following year.

Imports by Country

Uzbekistan (X tons), Kyrgyzstan (X tons) and China (X tons) were the main suppliers of cotton yarn imports to Russia, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +197.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) constituted the largest supplier of cotton yarn to Russia, comprising 65% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 14% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Uzbekistan totaled +201.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (+46.6% per year) and China (-2.4% per year).

Import Prices by Country

In 2022, the average cotton yarn import price amounted to $X per ton, waning by -12.8% against the previous year. In general, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 37%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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