ASEAN: Silk-Worm Cocoons Market 2025

Silk-Worm Cocoons Market Size in ASEAN

In 2022, after three years of growth, there was decline in the ASEAN silk-worm cocoons market, when its value decreased by -3.3% to $X. In general, consumption continues to indicate a pronounced slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Silk-Worm Cocoons Production in ASEAN

In value terms, silk-worm cocoons production declined modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 123% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The country with the largest volume of silk-worm cocoons production was Vietnam (X tons), accounting for 78% of total volume. Moreover, silk-worm cocoons production in Vietnam exceeded the figures recorded by the second-largest producer, Thailand (X tons), fourfold.

In Vietnam, silk-worm cocoons production increased at an average annual rate of +7.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (-2.3% per year) and Myanmar (+1.6% per year).

Silk-Worm Cocoons Exports

Exports in ASEAN

In 2022, overseas shipments of silk-worm cocoons (reelable) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silk-worm cocoons exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Myanmar prevails in exports structure, recording X tons, which was approx. 98% of total exports in 2022. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to silk-worm cocoons exports from Myanmar stood at +43.5%. At the same time, Malaysia (+58.9%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +58.9% from 2012-2022. While the share of Myanmar (+98 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Myanmar ($X) remains the largest silk-worm cocoons supplier in ASEAN, comprising 99% of total exports. The second position in the ranking was held by Malaysia ($X), with a 0.4% share of total exports.

In Myanmar, silk-worm cocoons exports expanded at an average annual rate of +56.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, rising by 95% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2014 when the export price increased by 280% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while Malaysia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+9.3%).

Silk-Worm Cocoons Imports

Imports in ASEAN

In 2022, supplies from abroad of silk-worm cocoons (reelable) was finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by 141%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, silk-worm cocoons imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 106% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam represented the key importing country with an import of around X tons, which amounted to 67% of total imports. Indonesia (X tons) ranks second in terms of the total imports with a 13% share, followed by Myanmar (12%) and the Philippines (5.5%).

From 2012 to 2022, average annual rates of growth with regard to silk-worm cocoons imports into Vietnam stood at +12.6%. At the same time, the Philippines (+18.4%) and Myanmar (+5.9%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +18.4% from 2012-2022. By contrast, Indonesia (-2.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, Myanmar, the Philippines and Indonesia increased by +57, +8.9, +5 and +5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported silk-worm cocoons (reelable) in ASEAN, comprising 69% of total imports. The second position in the ranking was held by Indonesia ($X), with a 19% share of total imports. It was followed by Myanmar, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam stood at -5.5%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (-1.0% per year) and Myanmar (-17.4% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, declining by -23.8% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+8.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform