Malta: Silk Yarn Market 2020

Silk Yarn Market Size in Malta

The revenue of the silk yarn market in Malta amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, the total market indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, silk yarn consumption increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Malta silk yarn consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Silk Yarn Production in Malta

In value terms, silk yarn production stood at $X in 2018 estimated in export prices. In general, silk yarn production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. In that year, silk yarn production attained its peak level and is likely to continue its growth in the immediate term.

Silk Yarn Exports

Exports from Malta

In 2018, approx. X kg of silk yarn and yarn spun from silk waste were exported from Malta; lowering by -X% against the previous year. In general, silk yarn exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. In that year, silk yarn exports reached their peak of X kg. From 2011 to 2018, the growth of silk yarn exports remained at a somewhat lower figure.

In value terms, silk yarn exports stood at $X in 2018. In general, silk yarn exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. In that year, silk yarn exports reached their peak of $X. From 2011 to 2018, the growth of silk yarn exports failed to regain its momentum.

Exports by Country

China represented the major exporter of silk yarn and yarn spun from silk waste in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2018. Romania (X tons) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%), Brazil (X%) and Italy (X%). Germany (X tons) and India (X tons) took a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to silk yarn exports from China stood at -X%. Romania experienced a relatively flat trend pattern. India (-X%), Vietnam (-X%), Italy (-X%), Brazil (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Vietnam, Germany, Italy, Brazil and China decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest silk yarn supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Romania ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

The silk yarn export price in Malta stood at $X per ton in 2018, approximately reflecting the previous year. In general, the silk yarn export price continues to indicate a slight drop. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, the export prices for silk yarn and yarn spun from silk waste reached their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Silk Yarn Imports

Imports into Malta

In 2018, the silk yarn imports into Malta amounted to X kg, going up by X% against the previous year. Over the period under review, silk yarn imports continue to indicate moderate growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, silk yarn imports reached their maximum at X kg in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, silk yarn imports stood at $X in 2018. In general, silk yarn imports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, silk yarn imports reached their peak figure at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Italy (X tons) and Japan (X tons) represented the major importers of silk yarn and yarn spun from silk wasteacross the globe, together recording approx. X% of total imports. It was distantly followed by Pakistan (X tons), India (X tons) and Indonesia (X tons), together comprising a X% share of total imports. Germany (X tons), the UK (X tons), Vietnam (X tons), France (X tons), Romania (X tons), the U.S. (X tons) and Thailand (X tons) took a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the U.S., while the other leaders experienced mixed trends in the imports figures.

In value terms, Italy ($X) constitutes the largest market for imported silk yarn and yarn spun from silk waste into Malta, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Italy was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and India (-X% per year).

Import Prices by Country

The silk yarn import price in Malta stood at $X per ton in 2018, remaining constant against the previous year. Overall, the silk yarn import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, the import prices for silk yarn and yarn spun from silk waste reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform