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Report Latin America and the Caribbean - Silk-Worm Cocoons - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Silk-Worm Cocoons - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Silk-Worm Cocoons Market 2024

Silk-Worm Cocoons Market Size in Latin America and the Caribbean

The Latin American silk-worm cocoons market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, continues to indicate a noticeable setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Silk-Worm Cocoons Production in Latin America and the Caribbean

In value terms, silk-worm cocoons production shrank remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a precipitous descent. The pace of growth was the most pronounced in 2015 with an increase of 416% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Brazil (X tons) constituted the country with the largest volume of silk-worm cocoons production, comprising approx. 97% of total volume. It was followed by Honduras (X tons), with a 2.4% share of total production.

From 2012 to 2022, the average annual rate of growth in terms of volume in Brazil was relatively modest.

Silk-Worm Cocoons Exports

Exports in Latin America and the Caribbean

After three years of growth, shipments abroad of silk-worm cocoons (reelable) decreased by -45.3% to X tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 94,950% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined remarkably in the following year.

In value terms, silk-worm cocoons exports declined dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 33,293%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted significantly in the following year.

Exports by Country

The biggest shipments were from Brazil (X tons), together accounting for 99% of total export.

Brazil was also the fastest-growing in terms of the silk-worm cocoons (reelable) exports, with a CAGR of +191.2% from 2012 to 2022. While the share of Brazil (+96 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest silk-worm cocoons supplier in Latin America and the Caribbean.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to +149.1%.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, flattening at the previous year. Overall, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2015 when the export price increased by 250% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 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 Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -14.5% per year.

Silk-Worm Cocoons Imports

Imports in Latin America and the Caribbean

In 2022, after four years of growth, there was significant decline in overseas purchases of silk-worm cocoons (reelable), when their volume decreased by -6.5% to X tons. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2014 when imports increased by 102%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, silk-worm cocoons imports soared to $X in 2022. Over the period under review, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2013 when imports increased by 120% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Dominican Republic dominates imports structure, accounting for X tons, which was near 87% of total imports in 2022. It was distantly followed by Bahamas (X tons), constituting an 8.6% share of total imports. Costa Rica (X kg) followed a long way behind the leaders.

Imports into the Dominican Republic increased at an average annual rate of +49.5% from 2012 to 2022. At the same time, Bahamas (+104.1%) displayed positive paces of growth. Moreover, Bahamas emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +104.1% from 2012-2022. By contrast, Costa Rica (-3.8%) illustrated a downward trend over the same period. The Dominican Republic (+74 p.p.) and Bahamas (+8.6 p.p.) significantly strengthened its position in terms of the total imports, while Costa Rica saw its share reduced by -32.1% from 2012 to 2022, respectively.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported silk-worm cocoons (reelable) in Latin America and the Caribbean, comprising 46% of total imports. The second position in the ranking was held by Costa Rica ($X), with a 22% share of total imports.

In the Dominican Republic, silk-worm cocoons imports increased at an average annual rate of +16.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Costa Rica (-13.3% per year) and Bahamas (+94.0% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of 25% against the previous year. Over the period under review, the import price, however, showed a precipitous contraction. The pace of growth appeared the most rapid in 2013 an increase of 81% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Costa Rica ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahamas (-4.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of silk-worm cocoons consumption was Brazil, accounting for 98% of total volume. It was followed by Honduras, with a 2% share of total consumption.
Brazil constituted the country with the largest volume of silk-worm cocoons production, accounting for 98% of total volume. It was followed by Honduras, with a 2% share of total production.
In value terms, Brazil remains the largest silk-worm cocoons supplier in Latin America and the Caribbean.
In value terms, Colombia constitutes the largest market for imported silk-worm cocoons reelable) in Latin America and the Caribbean, comprising 66% of total imports. The second position in the ranking was occupied by the Dominican Republic, with a 10% share of total imports. It was followed by Brazil, with a 9% share.
In 2021, the silk-worm cocoons export price in Latin America and the Caribbean amounted to $12,168 per ton, jumping by 97% against the previous year.
The silk-worm cocoons import price in Latin America and the Caribbean stood at $10,217 per ton in 2021, declining by -2.4% against the previous year.

This report provides an in-depth analysis of the silk-worm cocoons market in Latin America and the Caribbean. 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 1185 - Cocoons, reelable

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • 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. 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. 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. 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
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico

  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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