Southern Asia: Silk Yarn Market 2021

Silk Yarn Market Size in Southern Asia

In 2019, the South Asian silk yarn market decreased by -X% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, consumption showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Silk Yarn Production in Southern Asia

In value terms, silk yarn production fell slightly to $X in 2019 estimated in export prices. Overall, production continues to indicate a noticeable reduction. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Production By Country in Southern Asia

The country with the largest volume of silk yarn production was India (X tons), accounting for X% of total volume. Moreover, silk yarn production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), twofold. The third position in this ranking was occupied by Bangladesh (X tons), with a X% share.

In India, silk yarn production remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Bangladesh (-X% per year).

Silk Yarn Exports

Exports in Southern Asia

In 2019, overseas shipments of silk yarn were finally on the rise to reach X tons after four years of decline. Overall, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The volume of export peaked at X tons in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

In value terms, silk yarn exports declined notably to $X in 2019. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2011 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

India represented the major exporter of silk yarn in Southern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2019. Pakistan (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Bangladesh (X%).

From 2007 to 2019, average annual rates of growth with regard to silk yarn exports from India stood at -X%. At the same time, Bangladesh (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2019. Pakistan (+X p.p.) and Bangladesh (+X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, India ($X) remains the largest silk yarn supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in India stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-X% per year) and Bangladesh (+X% per year).

Export Prices by Country

In 2019, the silk yarn export price in Southern Asia amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. Over the period under review, export prices attained the maximum at $X per ton in 2010; however, from 2011 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the export price figures.

Silk Yarn Imports

Imports in Southern Asia

Silk yarn imports rose sharply to X tons in 2019, increasing by X% on the previous year. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. From 2010 to 2019, the growth imports remained at a lower figure.

In value terms, silk yarn imports fell notably to $X in 2019. Over the period under review, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

Imports by Country

India (X tons) and Pakistan (X tons) dominates silk yarn imports structure, together mixing up X% of total imports. Nepal (X tons) occupied a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nepal, while imports for the other leaders experienced a decline in the imports figures.

In value terms, India ($X) constitutes the largest market for imported silk yarn in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value in India totaled -X%. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Nepal (-X% per year).

Import Prices by Country

The silk yarn import price in Southern Asia stood at $X per ton in 2019, which is down by -X% against the previous year. Import price indicated pronounced growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was India ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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