Ukraine: Cotton Yarn Market 2025

Cotton Yarn Market Size in Ukraine

The Ukrainian cotton yarn market contracted to $X in 2022, waning by -9.4% against the previous year. In general, consumption saw a noticeable setback. Cotton yarn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cotton Yarn Production in Ukraine

In value terms, cotton yarn production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a slight descent. The pace of growth was the most pronounced in 2015 with an increase of 157%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Cotton Yarn Exports

Exports from Ukraine

In 2022, approx. X tons of cotton yarn were exported from Ukraine; picking up by 57% on the previous year's figure. In general, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 785% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cotton yarn exports contracted to $X in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 345%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for cotton yarn exports from Ukraine, accounting for a 73% share of total exports. Moreover, cotton yarn exports to Poland exceeded the volume sent to the second major destination, the United States (X tons), sixfold. The third position in this ranking was taken by Romania (X tons), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+128.3% per year) and Romania (+131.4% per year).

In value terms, Poland ($X) emerged as the key foreign market for cotton yarn exports from Ukraine, comprising 68% of total exports. The second position in the ranking was held by Romania ($X), with a 9.5% share of total exports. It was followed by Germany, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Poland amounted to +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+120.6% per year) and Germany (+38.0% per year).

Export Prices by Country

The average cotton yarn export price stood at $X per ton in 2022, which is down by -41% against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 120% against the previous year. The export price peaked at $X per ton in 2021, and then dropped remarkably in the following year.

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 the Czech Republic ($X per ton), while the average price for exports to the United States ($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 the Czech Republic (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Yarn Imports

Imports into Ukraine

In 2022, cotton yarn imports into Ukraine reduced sharply to X tons, falling by -25.4% on 2021 figures. Over the period under review, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2017 when imports increased by 13% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, cotton yarn imports contracted to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Uzbekistan (X tons), Turkey (X tons) and China (X tons) were the main suppliers of cotton yarn imports to Ukraine, together accounting for 75% of total imports. Spain, India, Turkmenistan and Belgium lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +43.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) constituted the largest supplier of cotton yarn to Ukraine, comprising 47% of total imports. The second position in the ranking was held by Turkey ($X), with an 18% share of total imports. It was followed by India, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from Uzbekistan amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.4% per year) and India (-9.5% per year).

Import Prices by Country

In 2022, the average cotton yarn import price amounted to $X per ton, growing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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