Belgium: Silk Yarn Market 2025

Silk Yarn Market Size in Belgium

The Belgian silk yarn market skyrocketed to $X in 2021, rising by 18% against the previous year. Overall, consumption, however, recorded a abrupt downturn. Silk yarn consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Silk Yarn Production in Belgium

In value terms, silk yarn production soared to $X in 2021 estimated in export price. In general, production, however, recorded a deep downturn. The growth pace was the most rapid in 2019 when the production volume increased by 36% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Silk Yarn Exports

Exports from Belgium

In 2021, approx. X tons of silk yarn and yarn spun from silk waste were exported from Belgium; which is down by -40.7% on 2020 figures. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 419% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, silk yarn exports reduced rapidly to $X in 2021. In general, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2015 with an increase of 130% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Italy (X kg) and Lebanon (X kg) were the main destinations of silk yarn exports from Belgium, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of +167.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silk yarn exported from Belgium were Italy ($X), France ($X) and Germany ($X), with a combined 85% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +72.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silk yarn export price stood at $X per ton in 2021, surging by 6.1% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of 109% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+18.7%), while the prices for the other major destinations experienced a decline.

Silk Yarn Imports

Imports into Belgium

In 2021, after two years of decline, there was significant growth in purchases abroad of silk yarn and yarn spun from silk waste, when their volume increased by 66% to X tons. Over the period under review, imports, however, showed a abrupt setback. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, silk yarn imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 95% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest silk yarn supplier to Belgium, accounting for a 39% share of total imports. Moreover, silk yarn imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.7% per year) and Hong Kong SAR (0.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of silk yarn and yarn spun from silk waste to Belgium, comprising 35% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by China, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-21.9% per year) and China (-5.5% per year).

Import Prices by Country

In 2021, the average silk yarn import price amounted to $X per ton, dropping by -19% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 67%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :