Report Update Nov 1, 2024

Egypt - Silk Shawls and Scarves - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Market for Silk Shawls And Scarves 2024

Market Size for Silk Shawls And Scarves in Egypt

In 2022, the Egyptian silk shawl and scarf market increased by 377% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption saw measured growth. Silk shawl and scarf consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Silk Shawls And Scarves in Egypt

In value terms, silk shawl and scarf production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 181% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from Egypt

In 2022, shipments abroad of silk shawls and scarves decreased by -99.7% to X units for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of 12,026%. The exports peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, silk shawl and scarf exports dropped notably to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 8,169% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Iraq (X units) was the main destination for silk shawl and scarf exports from Egypt, with a 94% share of total exports. Moreover, silk shawl and scarf exports to Iraq exceeded the volume sent to the second major destination, Ethiopia (X units), more than tenfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Iraq totaled -32.5%.

From 2013 to 2022, the average annual rate of growth in terms of value to Iraq totaled +6.1%.

Export Prices by Country

The average silk shawl and scarf export price stood at $X per unit in 2022, jumping by 119% against the previous year. In general, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per unit), while the average price for exports to Ethiopia amounted to $X per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+272.5%).

Imports of Silk Shawls And Scarves

Imports into Egypt

For the third year in a row, Egypt recorded decline in supplies from abroad of silk shawls and scarves, which decreased by -45.3% to X units in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 119% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, silk shawl and scarf imports reduced markedly to $X in 2022. In general, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 105%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest silk shawl and scarf supplier to Egypt, accounting for a 87% share of total imports. Moreover, silk shawl and scarf imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to -12.2%.

In value terms, Italy ($X) constituted the largest supplier of silk shawls and scarves to Egypt, comprising 87% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled -15.1%.

Import Prices by Country

The average silk shawl and scarf import price stood at $X per unit in 2022, growing by 12% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 81%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably 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 China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silk shawls and scarves in the world?

The countries with the highest volumes of in 2021 were China, India and the United Arab Emirates, together comprising 33% of global consumption. Guinea, the United States, Japan, Brazil, Pakistan, Russia, Bangladesh, France, Turkey and Indonesia lagged somewhat behind, together comprising a further 25%.

What are the largest producers of silk shawls and scarves in the world?

The countries with the highest volumes of in 2021 were China, India and Italy, together comprising 59% of global production. These countries were followed by Brazil, Pakistan, Turkey, Japan, Indonesia, Russia and Bangladesh, which together accounted for a further 13%.

What are the leading suppliers of silk shawls and scarves to Egypt?

In value terms, China, Italy and Bangladesh were the largest silk shawl and scarf suppliers to Egypt.

What are the leading importers of silk shawls and scarves from Egypt?

In value terms, Spain, the United States and Belgium appeared to be the largest markets for silk shawl and scarf exported from Egypt worldwide, with a combined 75% share of total exports.

What is the average export price for silk shawls and scarves in Egypt?

In 2021, the average silk shawl and scarf export price amounted to $42 per unit, growing by 135% against the previous year.

What is the average import price for silk shawls and scarves in Egypt?

In 2021, the average silk shawl and scarf import price amounted to $23 per unit, jumping by 18% against the previous year.

This report provides an in-depth analysis of the market for silk shawl and scarf in Egypt. 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 14192338 - Shawls, scarves, mufflers, mantillas, veils and the like, of silk or silk waste (excluding knitted or crocheted)

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. 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