The market is dominated by foreign suppliers, as imports account for 62.2% of total market size in 2020. B2B drives market demand, with B2B spending representing 73.5% of total demand in 2020. Russia has the largest market size for spinning of textile fibres; weaving of textiles in the region, with demand reaching USD3.0 billion in 2020. TDL Textile OOO is the largest company in Russia, generating 8.8% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 23.9% of total production value in 2020. The total number of companies decreases in 2020, to 2,755 units. The costs of the industry decrease by 3.1% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 0.9% of production value in 2020, the 15th highest in the region. With production value of USD1,000 million, Russia accounts for 19.9% of the Eastern Europe total in 2020.
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This Euromonitor industrial report provides unique information on Spinning of Textile Fibres; Weaving of Textiles in Russia: ISIC 1711. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spinning of Textile Fibres; Weaving of Textiles in Russia: ISIC 1711 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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