Report Update Nov 1, 2024

Azerbaijan - Silk-Worm Cocoons - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Silk-Worm Cocoons Market 2024

Silk-Worm Cocoons Market Size in Azerbaijan

After three years of decline, the Azerbaijani silk-worm cocoons market increased by 28% to $X in 2022. Overall, consumption showed significant growth. Silk-worm cocoons consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Silk-Worm Cocoons Production in Azerbaijan

In value terms, silk-worm cocoons production amounted to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 571%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of silk-worm cocoons (reelable) in Azerbaijan was estimated at less than X kg per ha in 2022, remaining stable against 2021. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of silk-worm cocoons (reelable) were harvested in Azerbaijan; flattening at 2021. Over the period under review, the harvested area showed a relatively flat trend pattern.

Silk-Worm Cocoons Exports

Exports from Azerbaijan

After two years of growth, overseas shipments of silk-worm cocoons (reelable) decreased by -82.7% to X tons in 2022. Overall, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, silk-worm cocoons exports declined rapidly to $X in 2022. Over the period under review, exports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, the exports reached the peak of $X, and then contracted markedly in the following year.

Exports by Country

Iran (X tons) was the main destination for silk-worm cocoons exports from Azerbaijan, accounting for a 92% share of total exports. Moreover, silk-worm cocoons exports to Iran exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2020 to 2022, the average annual rate of growth in terms of volume to Iran was relatively modest.

In value terms, Iran ($X) emerged as the key foreign market for silk-worm cocoons (reelable) exports from Azerbaijan, comprising 92% of total exports. The second position in the ranking was taken by Turkey ($X), with an 8.2% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to Iran was relatively modest.

Export Prices by Country

The average silk-worm cocoons export price stood at $X per ton in 2022, jumping by 32% against the previous year. Over the period under review, export price indicated a significant increase from 2020 to 2022: its price increased at an average annual rate of +20.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk-worm cocoons export price increased by +45.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Turkey stood at $X per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+19.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silk-worm cocoons (reelable) in the world?

China constituted the country with the largest volume of silk-worm cocoons consumption, comprising approx. 59% of total volume. Moreover, silk-worm cocoons consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Uzbekistan, with a 3.1% share.

What are the largest producers of silk-worm cocoons (reelable) in the world?

The countries with the highest volumes of silk-worm cocoons production in 2021 were China, India and Uzbekistan, with a combined 91% share of global production. These countries were followed by Romania, Vietnam and Thailand, which together accounted for a further 5.5%. Moreover, silk-worm cocoons production in China exceeded the figures recorded by the world's second-largest producer, India, twofold.

What are the leading importers of silk-worm cocoons (reelable) from Azerbaijan?

In value terms, Turkey remains the key foreign market for silk-worm cocoons exports from Azerbaijan, comprising 86% of total exports. The second position in the ranking was occupied by India, with an 8.1% share of total exports.

What is the average export price for silk-worm cocoons (reelable) in Azerbaijan?

The average silk-worm cocoons export price stood at $9,406 per ton in 2021, surging by 10% against the previous year.

This report provides an in-depth analysis of the silk-worm cocoons market in Azerbaijan. 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:

FCL 1185 - Cocoons, reelable

Country coverage:

Azerbaijan

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023