Report Update Nov 1, 2024

Belgium - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Raw Silk Market 2024

Raw Silk Market Size in Belgium

The Belgian raw silk market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Raw Silk Production in Belgium

In value terms, raw silk production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 1.9% against the previous year. Raw silk production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average raw silk yield in Belgium totaled less than X kg per ha, approximately reflecting 2021. Over the period under review, 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, the total area harvested in terms of raw silk production in Belgium stood at less than X ha, approximately reflecting the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Raw Silk Exports

Exports from Belgium

In 2022, overseas shipments of raw silk decreased by -97.1% to X kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 83,950% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, raw silk exports skyrocketed to $X in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2018 with an increase of 74,987% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bahrain (X kg), the United States (X kg) and the UK (X kg) were the main destinations of raw silk exports from Belgium.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +11.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X) remains the key foreign market for raw silk exports from Belgium, comprising 88% of total exports. The second position in the ranking was taken by Bahrain ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +54.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (0.0% per year) and the United States (-12.2% per year).

Export Prices by Country

In 2022, the average raw silk export price amounted to $X per ton, jumping by 4,030% against the previous year. Overall, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+68,002.8%).

Raw Silk Imports

Imports into Belgium

In 2022, overseas purchases of raw silk decreased by -69.1% to X kg, falling for the third year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 19,655%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, raw silk imports fell markedly to $X in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 17,344%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, Italy (X kg) was the main raw silk supplier to Belgium, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy was relatively modest.

In value terms, Italy ($X) constituted the largest supplier of raw silk to Belgium.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest.

Import Prices by Country

In 2022, the average raw silk import price amounted to $X per ton, reducing by -20.5% against the previous year. Over the period under review, the import price, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1,621%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then declined markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +20.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw silk in the world?

China remains the largest raw silk consuming country worldwide, accounting for 76% of total volume. Moreover, raw silk consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold.

What are the largest producers of raw silk in the world?

China remains the largest raw silk producing country worldwide, accounting for 77% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India, fourfold.

What are the leading suppliers of raw silk to Belgium?

In value terms, Germany constituted the largest supplier of raw silk to Belgium.

What are the leading importers of raw silk from Belgium?

In value terms, the UK emerged as the key foreign market for raw silk exports from Belgium, comprising 67% of total exports. The second position in the ranking was occupied by the United States $783), with a 10% share of total exports.

What is the average export price for raw silk in Belgium?

The average raw silk export price stood at $14,383 per ton in 2021, growing by 1.6% against the previous year.

What is the average import price for raw silk in Belgium?

In 2021, the average raw silk import price amounted to $216,981 per ton, with a decrease of -2.8% against the previous year.

This report provides an in-depth analysis of the raw silk market in Belgium. 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 1186 - Silk, Raw

Country coverage:

Belgium

Data coverage:

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