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Report Bangladesh - Silk Yarn and Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Bangladesh: Silk Yarn Market 2024

Silk Yarn Market Size in Bangladesh

In 2021, after two years of growth, there was significant decline in the Bangladeshi silk yarn market, when its value decreased by -41% to $X. Over the period under review, consumption continues to indicate a deep setback. Silk yarn consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Silk Yarn Exports

Exports from Bangladesh

In 2021, overseas shipments of silk yarn and yarn spun from silk waste decreased by 0% to X kg, falling for the third year in a row after three years of decline. Over the period under review, exports recorded a deep reduction. The smallest decline of -16.3% was in 2016. The exports peaked at X kg in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, silk yarn exports stood at $X in 2021. Overall, exports showed a sharp decrease. The smallest decline of -41.6% was in 2016. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X kg) was the main destination for silk yarn exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to South Korea was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

In 2021, the average silk yarn export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price showed a sharp downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 6.6%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2013 to 2021, the rate of growth in terms of prices for Myanmar amounted to +6.6% per year.

Silk Yarn Imports

Imports into Bangladesh

In 2021, the amount of silk yarn and yarn spun from silk waste imported into Bangladesh reduced dramatically to X tons, declining by -23.4% against 2020 figures. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 155%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, silk yarn imports shrank dramatically to $X in 2021. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 216% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest silk yarn supplier to Bangladesh, accounting for a 74% share of total imports. Moreover, silk yarn imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+38.0% per year) and Thailand (-27.7% per year).

In value terms, China ($X) constituted the largest supplier of silk yarn and yarn spun from silk waste to Bangladesh, comprising 91% of total imports. The second position in the ranking was held by India ($X), with a 6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+19.8% per year) and Thailand (-15.2% per year).

Import Prices by Country

The average silk yarn import price stood at $X per ton in 2021, with a decrease of -42.3% against the previous year. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 73% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+17.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of silk yarn consumption in 2020 were India, Vietnam and China, together accounting for 62% of global consumption.
The countries with the highest volumes of silk yarn production in 2020 were India, Vietnam and China, together accounting for 63% of global production.
In value terms, China constituted the largest supplier of silk yarn to Bangladesh, comprising 97% of total imports. The second position in the ranking was occupied by India, with a 0.8% share of total imports.
In 2016, the average silk yarn export price amounted to $69,074 per ton, with an increase of 20% against the previous year.
The average silk yarn import price stood at $34,501 per ton in 2020, dropping by -30.9% against the previous year.

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

  • Bangladesh

Data coverage:

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