Eastern Asia: Market for Silk Shawls And Scarves 2025

Market Size for Silk Shawls And Scarves in Eastern Asia

In 2022, the East Asian silk shawl and scarf market increased by 2.1% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Production of Silk Shawls And Scarves in Eastern Asia

In value terms, silk shawl and scarf production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 with an increase of 24%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Silk Shawls And Scarves

Exports in Eastern Asia

Silk shawl and scarf exports surged to X units in 2022, growing by 16% compared with 2021 figures. In general, exports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk shawl and scarf exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 25% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from China (X units), together reaching 98% of total export.

China was also the fastest-growing in terms of the silk shawls and scarves exports, with a CAGR of -3.0% from 2012 to 2022. While the share of China (+2.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest silk shawl and scarf supplier in Eastern Asia.

In China, silk shawl and scarf exports shrank by an average annual rate of -5.3% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, falling by -2.3% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.4% per year.

Imports of Silk Shawls And Scarves

Imports in Eastern Asia

In 2022, supplies from abroad of silk shawls and scarves increased by 29% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, silk shawl and scarf imports shrank to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Japan (X units) and South Korea (X units) represented roughly 70% of total imports in 2022. China (X units) held the next position in the ranking, distantly followed by Hong Kong SAR (X units). All these countries together held near 27% share of total imports. Taiwan (Chinese) (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +7.5%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest silk shawl and scarf importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined 77% share of total imports. Japan and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 22%.

Taiwan (Chinese), with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, which is down by -28.5% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 43% against the previous year. The level of import peaked at $X per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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