Report Update Nov 1, 2024

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

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Indonesia: Silk Yarn Market 2024

Silk Yarn Market Size in Indonesia

In 2021, the Indonesian silk yarn market increased by 20% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, faced a significant contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Silk Yarn Exports

Exports from Indonesia

In 2021, overseas shipments of silk yarn and yarn spun from silk waste decreased by -62.7% to X tons, falling for the second year in a row after eight years of growth. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 140% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, silk yarn exports declined rapidly to $X in 2021. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 204% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for silk yarn exports from Indonesia, with a 88% share of total exports. Moreover, silk yarn exports to Malaysia exceeded the volume sent to the second major destination, South Korea (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Malaysia stood at +4.4%.

In value terms, Malaysia ($X) remains the key foreign market for silk yarn and yarn spun from silk waste exports from Indonesia, comprising 73% of total exports. The second position in the ranking was held by South Korea ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Malaysia stood at -6.2%.

Export Prices by Country

The average silk yarn export price stood at $X per ton in 2021, declining by -11.2% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 27%. 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 South Korea ($X per ton), while the average price for exports to Malaysia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-3.3%), while the prices for the other major destinations experienced a decline.

Silk Yarn Imports

Imports into Indonesia

After three years of decline, purchases abroad of silk yarn and yarn spun from silk waste increased by 0.6% to X tons in 2021. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 37% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, silk yarn imports declined to $X in 2021. Over the period under review, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 when imports increased by 671%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of silk yarn to Indonesia, with a 59% share of total imports. Moreover, silk yarn imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-13.3% per year) and Taiwan (Chinese) (+4.5% per year).

In value terms, China ($X) constituted the largest supplier of silk yarn and yarn spun from silk waste to Indonesia, comprising 85% of total imports. The second position in the ranking was taken by Singapore ($X), with a 6.6% share of total imports. It was followed by Hong Kong SAR, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-28.1% per year) and Hong Kong SAR (+49.6% per year).

Import Prices by Country

In 2021, the average silk yarn import price amounted to $X per ton, falling by -10.4% against the previous year. In general, the import price, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2017 an increase of 461%. The import price peaked at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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 Indonesia?

In value terms, China constituted the largest supplier of silk yarn to Indonesia, comprising 97% of total imports. The second position in the ranking was occupied by Singapore, with a 3.4% share of total imports.

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

In value terms, Malaysia remains the key foreign market for silk yarn exports from Indonesia.

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

In 2020, the average silk yarn export price amounted to $26,688 per ton, declining by -13.6% against the previous year.

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

The average silk yarn import price stood at $20,178 per ton in 2020, with a decrease of -13.2% against the previous year.

This report provides an in-depth analysis of the silk yarn market in Indonesia. 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:

Indonesia

Data coverage:

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