Poland: Market for Silk Shawls And Scarves 2024

Market Size for Silk Shawls And Scarves in Poland

In 2022, the Polish silk shawl and scarf market increased by 0.4% to $X, rising for the third year in a row after two years of decline. In general, consumption recorded resilient growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Silk Shawls And Scarves in Poland

In value terms, silk shawl and scarf production stood at $X in 2022 estimated in export price. In general, production, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 1,098%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from Poland

Silk shawl and scarf exports from Poland contracted to X units in 2022, waning by -14.2% compared with the year before. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 68% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, silk shawl and scarf exports shrank sharply to $X in 2022. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by 72%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted notably in the following year.

Exports by Country

Germany (X units) was the main destination for silk shawl and scarf exports from Poland, with a 57% share of total exports. Moreover, silk shawl and scarf exports to Germany exceeded the volume sent to the second major destination, Norway (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+9.4% per year) and the Netherlands (+49.4% per year).

In value terms, Germany ($X) remains the key foreign market for silk shawls and scarves exports from Poland, comprising 39% of total exports. The second position in the ranking was taken by Norway ($X), with a 9.4% share of total exports. It was followed by Russia, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+18.6% per year) and Russia (+18.8% per year).

Export Prices by Country

The average silk shawl and scarf export price stood at $X per unit in 2022, shrinking by -12.5% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, 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 UK ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into Poland

In 2022, supplies from abroad of silk shawls and scarves increased by 1.3% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, silk shawl and scarf imports contracted slightly to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest silk shawl and scarf supplier to Poland, with a 64% share of total imports. Moreover, silk shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-14.4% per year) and Italy (+1.9% per year).

In value terms, the largest silk shawl and scarf suppliers to Poland were China ($X), Italy ($X) and India ($X), with a combined 81% share of total imports.

China, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average silk shawl and scarf import price amounted to $X per unit, which is down by -4.2% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk shawl and scarf import price increased by +38.2% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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