Report Update Mar 1, 2025

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Raw Silk Market 2025

Raw Silk Market Size in Sri Lanka

The Sri Lankan raw silk market was finally on the rise to reach $X in 2022, after four years of decline. Overall, consumption posted significant growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Raw Silk Production in Sri Lanka

In value terms, raw silk production expanded to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 23%. Raw silk production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of raw silk in Sri Lanka stood at less than X kg per ha, leveling off at the year before. Over the period under review, the yield recorded 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, the total area harvested in terms of raw silk production in Sri Lanka stood at less than X ha, stabilizing at the year before. In general, the harvested area showed a relatively flat trend pattern.

Raw Silk Exports

Exports from Sri Lanka

For the fourth year in a row, Sri Lanka recorded decline in shipments abroad of raw silk, which decreased by -54% to X kg in 2016. Over the period under review, exports recorded a dramatic setback. The smallest decline of -19.7% was in 2013. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, raw silk exports reduced rapidly to $X in 2016. In general, exports faced a dramatic setback. The smallest decline of -9.3% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2016, the average annual growth rate of volume to Ireland totaled -56.7%.

In value terms, Ireland ($X) also remains the key foreign market for raw silk exports from Sri Lanka.

From 2012 to 2016, the average annual growth rate of value to Ireland totaled -57.2%.

Export Prices by Country

The average raw silk export price stood at $X per ton in 2016, picking up by 10% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +9.0%. The most prominent rate of growth was recorded in 2014 an increase of 28%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2016, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2012 to 2016, the rate of growth in terms of prices for Maldives amounted to +75.6% per year.

Raw Silk Imports

Imports into Sri Lanka

In 2022, purchases abroad of raw silk was finally on the rise to reach X tons after four years of decline. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 590%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, raw silk imports skyrocketed to $X in 2022. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2017 when imports increased by 406%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of raw silk to Sri Lanka, with a 68% share of total imports. Moreover, raw silk imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.4% per year) and India (+48.6% per year).

In value terms, China ($X) constituted the largest supplier of raw silk to Sri Lanka, comprising 97% of total imports. The second position in the ranking was held by India ($X), with a 1.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.0% per year) and Australia (0.0% per year).

Import Prices by Country

The average raw silk import price stood at $X per ton in 2022, falling by -77.7% against the previous year. Over the period under review, the import price faced a dramatic setback. The most prominent rate of growth was recorded in 2014 an increase of 9.1% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 China ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-12.1%).

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, comprising approx. 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, accounting for 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 Sri Lanka?

In value terms, China constituted the largest supplier of raw silk to Sri Lanka, comprising 98% of total imports. The second position in the ranking was occupied by India, with a 2.2% share of total imports.

What are the leading importers of raw silk from Sri Lanka?

In value terms, Ireland remains the key foreign market for raw silk exports from Sri Lanka.

What is the average export price for raw silk in Sri Lanka?

In 2016, the average raw silk export price amounted to $11,975 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for raw silk in Sri Lanka?

The average raw silk import price stood at $86,521 per ton in 2021, which is down by -2.8% against the previous year.

This report provides an in-depth analysis of the raw silk market in Sri Lanka. 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:

Sri Lanka

Data coverage:

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