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

U.S. - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Oct 25, 2022

U.S. Silk Yarn Price Fall to $45.1K per Ton, Losing more than 50% from January

U.S. Silk Yarn Import Price per Ton August 2022

In August 2022, the silk yarn price per ton stood at $45.1K, increasing by 9% against the previous month. Over the period under review, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in April 2022 when the average import price increased by 33% m-o-m. The import price peaked at $93 per kg in January 2022; however, from February 2022 to August 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($84.1K per ton), while the price for China ($33.1K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Silk Yarn Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In August 2022, the product with the highest price was silk yarn and yarn spun from silk waste, put up for retail sale ($76.5K per ton), while the price for silk yarn ($38.3K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by spun yarn (+2.0%), while the prices for the other products experienced a decline.

U.S. Silk Yarn Imports

In August 2022, silk yarn imports into the United States surged to 32 tons, increasing by 19% on the previous month's figure. Overall, imports showed significant growth. The pace of growth was the most pronounced in May 2022 when imports increased by 171% against the previous month. Imports peaked in August 2022.

In value terms, silk yarn imports soared to $1.4M (IndexBox estimates) in August 2022. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in May 2022 with an increase of 133% m-o-m. Imports peaked in August 2022.

U.S. Silk Yarn Imports by Type

In August 2022, silk yarn (25 tons) constituted the largest type of silk yarn supplied to the United States, with a 78% share of total imports. Moreover, silk yarn exceeded the figures recorded for the second-largest type, yarn spun from silk waste (3.6 tons), sevenfold.

From January 2022 to August 2022, the average monthly growth rate of the volume of import of silk yarn stood at +21.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: yarn spun from silk waste (+31.5% per month) and silk yarn and yarn spun from silk waste, put up for retail sale (+8.7% per month).

In value terms, silk yarn ($940K) constituted the largest type of silk yarn supplied to the United States, comprising 66% of total imports. The second position in the ranking was held by silk yarn and yarn spun from silk waste, put up for retail sale ($257K), with an 18% share of total imports.

U.S. Silk Yarn Imports by Country

In August 2022, China (24 tons) constituted the largest silk yarn supplier to the United States, with a 75% share of total imports. Moreover, silk yarn imports from China exceeded the figures recorded by the second-largest supplier, Mexico (3.4 tons), sevenfold. Japan (2.2 tons) ranked third in terms of total imports with a 7% share.

From January 2022 to August 2022, the average monthly growth rate of volume from China stood at +28.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+7.3% per month) and Japan (+8.7% per month).

In value terms, China ($779K) constituted the largest supplier of silk yarn to the United States, comprising 55% of total imports. The second position in the ranking was taken by Mexico ($282K), with a 20% share of total imports. It was followed by Japan, with an 11% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from China stood at +7.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+11.9% per month) and Japan (+11.4% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk yarn market in the U.S.. 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:

  • United States

Data coverage:

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