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Australia - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Australia - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Jan 31, 2023

Silk Fabric Price in Australia Surges 16%, Averaging $12.0 per Square Meter

Australia Silk Fabric Import Price in September 2022

In September 2022, the silk fabric price amounted to $12.0 per square meter (CIF, Australia), increasing by 16% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was India ($10.6 per square meter), while the price for China ($10.3 per square meter) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by India (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Australia Silk Fabric Imports

In September 2022, silk fabric imports into Australia declined dramatically to 37K square meters, with a decrease of -41.6% on August 2022 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when imports increased by 163% month-to-month. As a result, imports attained the peak of 63K square meters, and then declined significantly in the following month.

In value terms, silk fabric imports declined markedly to $440K (IndexBox estimates) in September 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when imports increased by 147% against the previous month. As a result, imports reached the peak of $649K, and then reduced rapidly in the following month.

Australia Silk Fabric Imports by Country

In September 2022, China (30K square meters) constituted the largest silk fabric supplier to Australia, with a 80% share of total imports. Moreover, silk fabric imports from China exceeded the figures recorded by the second-largest supplier, India (3.5K square meters), eightfold.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-10.2% per month) and Italy (+9.8% per month).

In value terms, China ($304K) constituted the largest supplier of silk fabric to Australia, comprising 69% of total imports. The second position in the ranking was taken by India ($37K), with an 8.5% share of total imports.

From January 2022 to September 2022, the average monthly growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-9.8% per month) and Italy (+9.4% per month).

Silk Fabric Market Overview

Silk fabric is one of the most popular and luxurious fabrics in the world. Its smooth, shiny texture and natural beauty make it a favorite choice for clothing, home décor, and other items. The most common types of silk used in fabrics are mulberry, tussah and eri. Mulberry silk is the highest quality and most expensive silk. It is made from the cocoons of mulberry silkworms and has a very fine, smooth texture. Tussah silk is a cheaper alternative to mulberry silk and is made from the cocoons of wild silkworms. It has a coarser texture but is still strong and durable. Eri silk is made from the cocoons of eri silkworms and has a soft, silky texture.

There are several factors that contribute to the high cost of silk production. First, silkworms must be carefully nurtured in order to produce the highest quality silk thread. This process is time-consuming and requires special care and attention. Second, only a small amount ofsilk can be produced from each silkworm cocoon. This makes silk a scarce and valuable resource. Finally, the process of weaving silk into fabric is very labor-intensive. All of these factors combine to make Silk one of the most expensive fabrics on the market today.

Factors that can affect the silk price include the weight of the fabric (heavier fabrics are usually more expensive), the width of the fabric (wider fabrics are often more expensive), and any special finishes or treatments that have been applied to the fabric (such as fire retardant treatments).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk fabric market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13201100 - Woven fabrics of silk or silk waste

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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