Northern America: Silk-Worm Cocoons Market 2025

Silk-Worm Cocoons Market Size in Northern America

In 2022, after two years of growth, there was significant decline in the North American silk-worm cocoons market, when its value decreased by -6.2% to $X. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +56.5% against 2019 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Silk-Worm Cocoons Production in Northern America

In value terms, silk-worm cocoons production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

The United States (X tons) constituted the country with the largest volume of silk-worm cocoons production, accounting for 94% of total volume. Moreover, silk-worm cocoons production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

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

Silk-Worm Cocoons Exports

Exports in Northern America

In 2022, after two years of decline, there was significant growth in overseas shipments of silk-worm cocoons (reelable), when their volume increased by 302% to X tons. In general, exports, however, recorded a deep setback. The growth pace was the most rapid in 2017 when exports increased by 352% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, silk-worm cocoons exports soared to $X in 2022. Over the period under review, exports, however, faced a deep contraction. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, recording X tons, which was near 98% of total exports in 2022. Canada (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to silk-worm cocoons exports from the United States stood at -16.4%. At the same time, Canada (+63.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +63.3% from 2012-2022. While the share of Canada (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-2.3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest silk-worm cocoons supplier in Northern America, comprising 85% of total exports. The second position in the ranking was held by Canada ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled -14.1%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a moderate increase. The pace of growth was the most pronounced in 2016 an increase of 336% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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 Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%).

Silk-Worm Cocoons Imports

Imports in Northern America

In 2022, silk-worm cocoons imports in Northern America soared to X tons, growing by 95% on the previous year. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 268% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, silk-worm cocoons imports skyrocketed to $X in 2022. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 204%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) represented the largest importer of silk-worm cocoons (reelable) in Northern America, comprising 100% of total import.

Canada was also the fastest-growing in terms of the silk-worm cocoons (reelable) imports, with a CAGR of +60.0% from 2012 to 2022. From 2012 to 2022, the share of Canada increased by +94 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported silk-worm cocoons (reelable) in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada amounted to +56.4%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, falling by -22.4% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the import price increased by 166% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -2.3% per year.

Source: IndexBox Platform

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