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Italy - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Italy - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Jul 25, 2023

Price of Italian Silk Yarn Rises by 2% to $80.8 per kg Following Four Consecutive Months of Growth

Italy Silk Yarn Import Price in April 2023

In April 2023, the silk yarn price stood at $80,793 per ton (CIF, Italy), picking up by 2.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 11% month-to-month. Over the period under review, average import prices attained the peak figure in April 2023.

Average prices varied somewhat amongst the major supplying countries. In April 2023, the highest price was recorded for prices from Tunisia ($93,382 per ton) and Vietnam ($88,447 per ton), while the price for China ($67,603 per ton) and Germany ($79,801 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Silk Yarn in Italy (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Tunisia92,17856,88152,45163,85478,07476,14176,30188,93371,54193,82963,53593,37393,382
Vietnam75,13370,56775,29184,54782,85585,62797,97784,59993,14183,80776,61081,35488,447
Romania78,40277,07277,76176,24178,08553,71269,43475,87378,85281,18481,15980,22486,505
Germany52,51778,52943,40469,39835,04460,68766,523108,01659,571121,044113,23796,42579,801
China58,90559,73263,70457,45966,43461,29451,20755,91959,45564,62369,22566,02167,603
Average69,13870,60670,89867,98273,75258,11664,70471,25271,24875,98178,10179,04780,793

Italy Silk Yarn Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In April 2023, the product with the highest price was silk yarn ($86,412 per ton), while the price for yarn spun from silk waste ($63,656 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by spun yarn (+1.4%), while the prices for the other products experienced more modest paces of growth.

Italy Silk Yarn Imports

In April 2023, approximately 148 tons of silk yarn and yarn spun from silk waste were imported into Italy; with a decrease of -8.1% compared with the month before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 with an increase of 167% against the previous month. As a result, imports reached the peak of 226 tons. From October 2022 to April 2023, the growth of imports remained at a somewhat lower figure.

In value terms, silk yarn imports shrank to $12M (IndexBox estimates) in April 2023. In general, total imports indicated slight growth from April 2022 to April 2023: its value increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports decreased by -17.6% against January 2023 indices. The pace of growth appeared the most rapid in September 2022 with an increase of 111% m-o-m.

Italy Silk Yarn Imports by Type

In April 2023, silk yarn (111 tons) constituted the largest type of silk yarn supplied to Italy, with a 75% share of total imports. Moreover, silk yarn exceeded the figures recorded for the second-largest type, yarn spun from silk waste (37 tons), threefold.

From April 2022 to April 2023, the average monthly growth rate of the volume of import of silk yarn amounted to +2.0%. With regard to the other supplied products, the following average monthly rates of growth were recorded: yarn spun from silk waste (-3.9% per month) and silk yarn and yarn spun from silk waste, put up for retail sale (+18.1% per month).

In value terms, silk yarn ($9.6M) constituted the largest type of silk yarn supplied to Italy, comprising 80% of total imports. The second position in the ranking was held by yarn spun from silk waste ($2.3M), with a 19% share of total imports.

Italy Silk Yarn Imports by Country

Romania (90 tons), China (45 tons) and Tunisia (4.1 tons) were the main suppliers of silk yarn imports to Italy, together comprising 94% of total imports.

From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tunisia (with a CAGR of +11.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($7.8M) constituted the largest supplier of silk yarn to Italy, comprising 65% of total imports. The second position in the ranking was taken by China ($3.1M), with a 26% share of total imports. It was followed by Tunisia, with a 3.2% share.

From April 2022 to April 2023, the average monthly growth rate of value from Romania stood at +3.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-2.1% per month) and Tunisia (+11.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk yarn market in Italy. 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 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
  • Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
  • Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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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