Russian Federation: Cushion Cover Market 2025

Cushion Cover Market Size in the Russian Federation

In 2021, after two years of growth, there was decline in the Russian cushion cover market, when its value decreased by -2.8% to $X. Over the period under review, consumption showed a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cushion Cover Production in the Russian Federation

In value terms, cushion cover production contracted slightly to $X in 2021 estimated in export price. In general, production recorded a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Cushion Cover Exports

Exports from the Russian Federation

In 2021, the amount of furnishing articles for car seats exported from Russia reached X tons, rising by 14% on the previous year. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 273% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, cushion cover exports surged to $X in 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 255% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the United Arab Emirates (X tons) and Belarus (X tons) were the main destinations of cushion cover exports from Russia, together comprising 37% of total exports. Armenia, the United States, Spain, Italy, Uzbekistan, Canada, the UK, Saudi Arabia, China and Ukraine lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +2,040.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cushion cover exported from Russia were Germany ($X), the United Arab Emirates ($X) and Belarus ($X), with a combined 36% share of total exports. The United States, Spain, Italy, Uzbekistan, Canada, China, Armenia, Ukraine, the UK and Saudi Arabia lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +998.4%, recorded the highest rates of growth with regard to 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

In 2021, the average cushion cover export price amounted to $X per ton, growing by 1.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 32%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cushion Cover Imports

Imports into the Russian Federation

In 2021, supplies from abroad of furnishing articles for car seats was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 77%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, cushion cover imports amounted to $X in 2021. Over the period under review, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 44% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Belarus (X tons), China (X tons) and India (X tons) were the main suppliers of cushion cover imports to Russia, with a combined 90% share of total imports. Italy, Bangladesh and Vietnam lagged somewhat behind, together comprising a further 5.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of +77.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belarus ($X) and India ($X) appeared to be the largest cushion cover suppliers to Russia, with a combined 71% share of total imports. Italy, Bangladesh and Vietnam lagged somewhat behind, together comprising a further 12%.

Bangladesh, with a CAGR of +58.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cushion cover import price amounted to $X per ton, with a decrease of -5.8% against the previous year. In general, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2015 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform