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Report World - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Global Raw Silk Market 2024

Raw Silk Market Size

The global raw silk market dropped to $X in 2022, which is down by -5.6% against the previous year. Overall, consumption recorded a abrupt decline. Global consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Raw Silk Production

In value terms, raw silk production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 27%. Over the period under review, global production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Romania (X tons), together accounting for 93% of global production. These countries were followed by Uzbekistan, which accounted for a further 2%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Uzbekistan (with a CAGR of +8.0%), while production for the other global leaders experienced more modest paces of growth.

Raw Silk Exports

Exports

In 2022, overseas shipments of raw silk increased by 39% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, recorded a perceptible decline. Over the period under review, the global exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, raw silk exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the global exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China represented the largest exporting country with an export of about X tons, which accounted for 63% of total exports. It was distantly followed by Vietnam (X tons), Uzbekistan (X tons) and Italy (X tons), together comprising a 27% share of total exports. The following exporters - Slovenia (X tons) and Malaysia (X tons) - together made up 4.8% of total exports.

From 2012 to 2022, average annual rates of growth with regard to raw silk exports from China stood at -5.1%. At the same time, Slovenia (+66.5%), Vietnam (+55.3%), Malaysia (+28.5%) and Italy (+1.4%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the world, with a CAGR of +66.5% from 2012-2022. By contrast, Uzbekistan (-7.9%) illustrated a downward trend over the same period. While the share of Vietnam (+16 p.p.), Uzbekistan (+6 p.p.), Slovenia (+2.8 p.p.) and Malaysia (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of China (-21.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest raw silk supplier worldwide, comprising 67% of global exports. The second position in the ranking was held by Vietnam ($X), with a 13% share of global exports. It was followed by Italy, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value in China stood at -2.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+56.1% per year) and Italy (+3.7% per year).

Export Prices by Country

In 2022, the average raw silk export price amounted to $X per ton, surging by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.3%), while the other global leaders experienced more modest paces of growth.

Raw Silk Imports

Imports

In 2022, approx. X tons of raw silk were imported worldwide; picking up by 57% on 2021 figures. In general, imports, however, showed a mild slump. Over the period under review, global imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, raw silk imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

India represented the major importing country with an import of about X tons, which finished at 47% of total imports. China (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Romania (13%) and Italy (6.4%). Vietnam (X tons), Japan (X tons), Iran (X tons), France (X tons) and Germany (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to raw silk imports into India stood at -3.0%. At the same time, China (+15.4%), Iran (+8.7%), France (+2.6%), Germany (+1.4%) and Romania (+1.2%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +15.4% from 2012-2022. By contrast, Italy (-2.7%), Japan (-9.7%) and Vietnam (-10.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Romania and Iran increased by +11, +3.4 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported raw silk worldwide, comprising 51% of global imports. The second position in the ranking was held by Romania ($X), with a 17% share of global imports. It was followed by Italy, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India was relatively modest. In the other countries, the average annual rates were as follows: Romania (+3.3% per year) and Italy (-0.2% per year).

Import Prices by Country

In 2022, the average raw silk import price amounted to $X per ton, growing by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2018 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of raw silk consumption was China, comprising approx. 76% of total volume. Moreover, raw silk consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold.
China constituted the country with the largest volume of raw silk production, comprising approx. 77% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India, fourfold.
In value terms, China remains the largest raw silk supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by Vietnam, with a 19% share of global exports. It was followed by Italy, with an 11% share.
In value terms, India constitutes the largest market for imported raw silk worldwide, comprising 32% of global imports. The second position in the ranking was occupied by Romania, with a 15% share of global imports. It was followed by Italy, with a 13% share.
The average raw silk export price stood at $47,920 per ton in 2021, remaining relatively unchanged against the previous year.
In 2021, the average raw silk import price amounted to $46,613 per ton, which is down by -4.6% against the previous year.

This report provides an in-depth analysis of the global raw silk market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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