Russian Federation: Silk Fabric Market 2025

Silk Fabric Market Size in the Russian Federation

The Russian silk fabric market rose markedly to $X in 2021, surging by 8.5% against the previous year. Overall, consumption, however, posted a prominent increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Silk Fabric Production in the Russian Federation

In value terms, silk fabric production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed noticeable growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 153% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Silk Fabric Exports

Exports from the Russian Federation

In 2021, approx. X square meters of woven fabrics of silk or of silk waste were exported from Russia; waning by -5.6% compared with the previous year. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 740% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, silk fabric exports soared to $X in 2021. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 521%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belarus (X square meters) was the main destination for silk fabric exports from Russia, accounting for a approx. 96% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus stood at +19.5%.

In value terms, Belarus ($X) also remains the key foreign market for woven fabrics of silk or of silk waste exports from Russia.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus totaled +21.2%.

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2021, with an increase of 94% against the previous year. Over the period under review, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 182%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to +1.4% per year.

Silk Fabric Imports

Imports into the Russian Federation

In 2021, imports of woven fabrics of silk or of silk waste into Russia expanded notably to X square meters, increasing by 10% against the previous year's figure. In general, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 234%. Imports peaked at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, silk fabric imports soared to $X in 2021. Over the period under review, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 209%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belarus (X square meters) constituted the largest supplier of silk fabric to Russia, with a 50% share of total imports. Moreover, silk fabric imports from Belarus exceeded the figures recorded by the second-largest supplier, China (X square meters), twofold. The third position in this ranking was taken by Italy (X square meters), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Belarus totaled -16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.0% per year) and Italy (-2.5% per year).

In value terms, the largest silk fabric suppliers to Russia were Italy ($X), China ($X) and Belarus ($X), together accounting for 79% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +2.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2021, picking up by 43% against the previous year. Overall, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 69% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 ($X per square meter), while the price for Belarus ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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