Report Update Nov 1, 2024

India - Silk Yarn and Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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India: Silk Yarn Market 2024

Silk Yarn Market Size in India

After nine years of growth, the Indian silk yarn market decreased by -8.4% to $X in 2021. In general, consumption, however, enjoyed a strong increase. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Silk Yarn Production in India

In value terms, silk yarn production fell modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 15%. Silk yarn production peaked at $X in 2020, and then dropped slightly in the following year.

Silk Yarn Exports

Exports from India

In 2021, approx. X tons of silk yarn and yarn spun from silk waste were exported from India; surging by 12% compared with the previous year. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 83% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, silk yarn exports surged to $X in 2021. In general, exports recorded tangible growth. The growth pace was the most rapid in 2013 when exports increased by 50%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Nepal (X tons), China (X tons) and Bhutan (X tons) were the main destinations of silk yarn exports from India, together comprising 66% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bhutan (with a CAGR of +196.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silk yarn exported from India were the United States ($X), Nepal ($X) and Bhutan ($X), with a combined 63% share of total exports.

In terms of the main countries of destination, Bhutan, with a CAGR of +269.1%, recorded 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

In 2021, the average silk yarn export price amounted to $X per ton, surging by 31% against the previous year. In general, the export price, however, continues to indicate a perceptible slump. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 Bhutan (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Yarn Imports

Imports into India

In 2021, silk yarn imports into India soared to X tons, with an increase of 23% against 2020 figures. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, silk yarn imports soared to $X in 2021. In general, imports, however, saw a abrupt downturn. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons) and Vietnam (X tons) were the main suppliers of silk yarn imports to India.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of -4.7%).

In value terms, Vietnam ($X) and China ($X) constituted the largest silk yarn suppliers to India.

In terms of the main suppliers, Vietnam, with a CAGR of +4.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average silk yarn import price stood at $X per ton in 2021, with an increase of 4.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2017 when the average import price increased by 26%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+9.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silk yarn and yarn spun from silk waste in the world?

The countries with the highest volumes of silk yarn consumption in 2020 were India, Vietnam and China, together accounting for 62% of global consumption.

What are the largest producers of silk yarn and yarn spun from silk waste in the world?

The countries with the highest volumes of silk yarn production in 2020 were India, Vietnam and China, with a combined 63% share of global production.

What are the leading suppliers of silk yarn and yarn spun from silk waste to India?

In value terms, Vietnam and China appeared to be the largest silk yarn suppliers to India.

What are the leading importers of silk yarn and yarn spun from silk waste from India?

In value terms, the United States remains the key foreign market for silk yarn exports from India, comprising 35% of total exports. The second position in the ranking was occupied by Nepal, with a 17% share of total exports. It was followed by Bhutan, with an 11% share.

What is the average export price for silk yarn and yarn spun from silk waste in India?

In 2020, the average silk yarn export price amounted to $27,387 per ton, growing by 13% against the previous year.

What is the average import price for silk yarn and yarn spun from silk waste in India?

The average silk yarn import price stood at $35,875 per ton in 2020, growing by 5.8% against the previous year.

This report provides an in-depth analysis of the silk yarn market in India. 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 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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