Report Update Nov 1, 2024

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

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Portugal: Silk Yarn Market 2024

Silk Yarn Market Size in Portugal

The Portuguese silk yarn market contracted dramatically to $X in 2021, waning by -73.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a noticeable increase. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Silk Yarn Exports

Exports from Portugal

In 2021, the amount of silk yarn and yarn spun from silk waste exported from Portugal contracted sharply to X tons, which is down by -26.6% against 2020. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 1,137%. As a result, the exports reached 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 skyrocketed to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 1,610%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Morocco (X kg), Italy (X kg) and Spain (X kg) were the main destinations of silk yarn exports from Portugal, together comprising 87% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +64.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Morocco ($X) and Spain ($X) constituted the largest markets for silk yarn exported from Portugal worldwide, together comprising 71% of total exports.

Morocco, with a CAGR of +43.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average silk yarn export price amounted to $X per ton, growing by 60% against the previous year. In general, the export price, however, recorded a slight slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 88%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Yarn Imports

Imports into Portugal

Silk yarn imports into Portugal dropped dramatically to X tons in 2021, which is down by -79.7% compared with 2020. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 273%. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, silk yarn imports reduced dramatically to $X in 2021. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2017 when imports increased by 169%. Over the period under review, imports hit record highs at $X in 2020, and then reduced rapidly in the following year.

Imports by Country

Spain (X tons), Thailand (X tons) and Italy (X tons) were the main suppliers of silk yarn imports to Portugal, together comprising 92% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +123.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silk yarn suppliers to Portugal were Thailand ($X), Italy ($X) and Spain ($X), together accounting for 93% of total imports.

Thailand, with a CAGR of +133.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average silk yarn import price amounted to $X per ton, with an increase of 108% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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, with a combined 62% share 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, together accounting for 63% of global production.

What are the leading suppliers of silk yarn and yarn spun from silk waste to Portugal?

In value terms, Spain, Italy and the Netherlands constituted the largest silk yarn suppliers to Portugal, together accounting for 91% of total imports. These countries were followed by Thailand, which accounted for a further 7.5%.

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

In 2020, the average silk yarn export price amounted to $8,575 per ton, declining by -77.1% against the previous year.

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

The average silk yarn import price stood at $27,292 per ton in 2020, declining by -42.3% against the previous year.

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

Portugal

Data coverage:

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