Ukraine: Market for Nets of Twine, Cordage, Rope or Textile Materials 2025

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Ukraine

In 2022, after two years of growth, there was significant decline in the Ukrainian market for nets of twine, cordage, rope or textile materials, when its value decreased by -44.6% to $X. Over the period under review, consumption saw a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Ukraine

In value terms, twine, cordage or textile net production shrank to $X in 2022 estimated in export price. Overall, production showed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 512%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Ukraine

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials increased by 32% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2016 with an increase of 472%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, twine, cordage or textile net exports soared to $X in 2022. Overall, exports saw notable growth. The pace of growth appeared the most rapid in 2017 when exports increased by 97%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Romania (X tons) was the main destination for twine, cordage or textile net exports from Ukraine, with a 74% share of total exports. Moreover, twine, cordage or textile net exports to Romania exceeded the volume sent to the second major destination, Moldova (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania amounted to +99.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+38.7% per year) and Spain (+2.3% per year).

In value terms, Romania ($X) remains the key foreign market for nets of twine, cordage, rope or textile materials exports from Ukraine, comprising 73% of total exports. The second position in the ranking was held by Moldova ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania stood at +106.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+33.0% per year) and Spain (+4.0% per year).

Export Prices by Country

In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, dropping by -1.7% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced 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 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Spain ($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 New Zealand (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Ukraine

In 2022, after two years of growth, there was significant decline in supplies from abroad of nets of twine, cordage, rope or textile materials, when their volume decreased by -54.4% to X tons. In general, imports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of 174% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced sharply in the following year.

In value terms, twine, cordage or textile net imports shrank sharply to $X in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 205% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of twine, cordage or textile net to Ukraine, with a 71% share of total imports. Moreover, twine, cordage or textile net imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tons), eightfold. The third position in this ranking was held by Poland (X tons), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+18.0% per year) and Poland (-9.0% per year).

In value terms, China ($X) constituted the largest supplier of nets of twine, cordage, rope or textile materials to Ukraine, comprising 51% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.0% per year) and Poland (+8.6% per year).

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, rising by 22% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 37%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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