Russia'S Accession To WTO Will Boost Imports Of Yarn

< p > Russian business advisory website recently reported that according to the "Russian yarn Market Analysis" data, yarn supply in the Russian market fell by 5.6% over the past five years.

The basic factor of product supply decline is demand reduction.

In 2008-2012 years, Russian yarn demand decreased by 6.6%, from 322 million 400 thousand standard spool in 2008 to 301 million standard spool in 2012.

The downward trend of demand is due to various departments in Russia's light industry, such as < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > a target= "_blank" href= "//www.sjfzxm.com/" > shoes > cap > knitwear, and the reduction of yarn demand by Russian home enterprises.

In addition, the reduction of government orders has also had an impact on the decline in demand.

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< p > in 2008-2012, Russian yarn production decreased by 8.5% from 304 million 300 thousand standard spool to 278 million 300 thousand standard spool.

During this period, the yarn imported legally imported by Russia increased by 25.5%.

The yarn imported from Russia mainly comes from China and Turkey. In 2008-2012 years, the yarn imported from China accounted for 60.6% of the total Russian imports, and Turkey accounted for 10.3% of the average.

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< p > according to analysts, Russian yarn imports will increase year by year in 2013-2017 years, and will reach 41 million 100 thousand standard spools in 2017.

Russia's accession to the WTO will promote the increase of yarn imports.

Before Russia's accession to the WTO, the import tariff of synthetic yarn and artificial yarn was 10%.

By 2015 and 2016, the duty of this yarn will be abolished.

However, the import growth during the forecast period can not make up for the decline in Russian domestic output. Therefore, the yarn supply in the market of < a href= "//www.sjfzxm.com/news/index_p.asp" > Russia < /a > will decrease year by year.

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