China: Market for Silk Shawls And Scarves 2025

Market Size for Silk Shawls And Scarves in China

The Chinese silk shawl and scarf market declined to $X in 2022, which is down by -14.4% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -27.8% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Silk Shawls And Scarves in China

In value terms, silk shawl and scarf production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible setback. The growth pace was the most rapid in 2013 with an increase of 26%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Silk Shawls And Scarves

Exports from China

In 2022, exports of silk shawls and scarves from China skyrocketed to X units, picking up by 16% on 2021 figures. Overall, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, silk shawl and scarf exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for silk shawl and scarf exports from China, with a 37% share of total exports. Moreover, silk shawl and scarf exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), sevenfold. Australia (X units) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+13.4% per year) and Australia (+19.2% per year).

In value terms, the United States ($X) remains the key foreign market for silk shawls and scarves exports from China, comprising 34% of total exports. The second position in the ranking was taken by Japan ($X), with a 7.9% share of total exports. It was followed by Malaysia, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-4.6% per year) and Malaysia (+17.5% per year).

Export Prices by Country

In 2022, the average silk shawl and scarf export price amounted to $X per unit, rising by 3% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 20% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 South Korea ($X per unit), while the average price for exports to Jordan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into China

In 2022, after three years of growth, there was significant decline in purchases abroad of silk shawls and scarves, when their volume decreased by -13% to X units. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, silk shawl and scarf imports fell remarkably to $X in 2022. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

France (X units), Italy (X units) and India (X units) were the main suppliers of silk shawl and scarf imports to China, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +11.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest silk shawl and scarf suppliers to China were France ($X), Italy ($X) and India ($X), with a combined 98% share of total imports.

In terms of the main suppliers, France, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average silk shawl and scarf import price amounted to $X per unit, declining by -9.3% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 36%. The import price peaked at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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