Report Update Mar 1, 2025

Singapore - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Raw Silk Market 2025

Raw Silk Market Size in Singapore

After three years of decline, the Singaporean raw silk market increased by 764% to $X in 2022. In general, consumption posted a strong increase. Raw silk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Raw Silk Production in Singapore

In value terms, raw silk production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. Raw silk production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of raw silk in Singapore stood at less than X kg per ha in 2022, remaining relatively unchanged against 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of raw silk were harvested in Singapore; almost unchanged from the previous year's figure. In general, the harvested area showed a relatively flat trend pattern.

Raw Silk Exports

Exports from Singapore

Raw silk exports from Singapore declined dramatically to X kg in 2022, with a decrease of -99.6% compared with 2021 figures. Over the period under review, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2014 when exports increased by 2,192%. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced markedly in the following year.

In value terms, raw silk exports reduced dramatically to $X in 2022. In general, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 1,652%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X kg) was the main destination for raw silk exports from Singapore, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Malaysia amounted to -3.6%.

In value terms, Malaysia ($X) emerged as the key foreign market for raw silk exports from Singapore.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia totaled +1.7%.

Export Prices by Country

The average raw silk export price stood at $X per ton in 2022, rising by 32% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 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 Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +39.1% per year.

Raw Silk Imports

Imports into Singapore

In 2022, the amount of raw silk imported into Singapore shrank significantly to X kg, dropping by -95.9% compared with the previous year. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 3,807% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, raw silk imports fell dramatically to $X in 2022. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 4,425%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X kg) constituted the largest raw silk supplier to Singapore, with a 77% share of total imports. Moreover, raw silk imports from China exceeded the figures recorded by the second-largest supplier, the United States (X kg), fivefold. The third position in this ranking was held by Germany (X kg), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.6% per year) and Germany (-1.7% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest raw silk suppliers to Singapore, with a combined 99% share of total imports.

The United States, with a CAGR of +27.1%, saw the highest rates of growth with regard to 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 2022, the average raw silk import price amounted to $X per ton, picking up by 2.3% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 41%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), 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 raw silk in the world?

China remains the largest raw silk consuming country worldwide, accounting for 76% of total volume. Moreover, raw silk consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold.

What are the largest producers of raw silk in the world?

China remains the largest raw silk producing country worldwide, comprising approx. 77% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India, fourfold.

What are the leading suppliers of raw silk to Singapore?

In value terms, China constituted the largest supplier of raw silk to Singapore, comprising 33% of total imports. The second position in the ranking was occupied by the UK, with a 15% share of total imports.

What are the leading importers of raw silk from Singapore?

In value terms, the largest markets for raw silk exported from Singapore were India and Vietnam.

What is the average export price for raw silk in Singapore?

The average raw silk export price stood at $33,099 per ton in 2021, picking up by 3.5% against the previous year.

What is the average import price for raw silk in Singapore?

In 2021, the average raw silk import price amounted to $58,228 per ton, with an increase of 45% against the previous year.

This report provides an in-depth analysis of the raw silk market in Singapore. 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 1186 - Silk, Raw

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024