United Arab Emirates: Silk-Worm Cocoons Market 2024

Silk-Worm Cocoons Market Size in the United Arab Emirates

The silk-worm cocoons market in the United Arab Emirates skyrocketed to $X in 2022, with an increase of 38% against the previous year. Over the period under review, consumption showed a temperate expansion. Silk-worm cocoons consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Silk-Worm Cocoons Production in the United Arab Emirates

In value terms, silk-worm cocoons production reached $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value 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, production decreased by -0.8% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 35%. Silk-worm cocoons production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average silk-worm cocoons yield in the United Arab Emirates totaled less than X kg per ha, standing approx. at 2021 figures. Over the period under review, the yield saw 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 silk-worm cocoons (reelable) production in the United Arab Emirates amounted to less than X ha, remaining stable against 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern.

Silk-Worm Cocoons Exports

Exports from the United Arab Emirates

In 2022, the amount of silk-worm cocoons (reelable) exported from the United Arab Emirates dropped rapidly to X tons, waning by -53.1% compared with the previous year. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when exports increased by 10,072%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, silk-worm cocoons exports plummeted to $X in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 9,194%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons) was the main destination for silk-worm cocoons exports from the United Arab Emirates, with a 66% share of total exports. Moreover, silk-worm cocoons exports to Tanzania exceeded the volume sent to the second major destination, Bahrain (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania totaled +62.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+5.0% per year) and Oman (+10.0% per year).

In value terms, Bahrain ($X) remains the key foreign market for silk-worm cocoons (reelable) exports from the United Arab Emirates, comprising 98% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 1.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain totaled +35.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+51.8% per year) and Oman (-1.8% per year).

Export Prices by Country

In 2022, the average silk-worm cocoons export price amounted to $X per ton, growing by 7.8% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 101%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+37.1%), while the prices for the other major destinations experienced mixed trend patterns.

Silk-Worm Cocoons Imports

Imports into the United Arab Emirates

In 2022, supplies from abroad of silk-worm cocoons (reelable) decreased by 0% to X kg, falling for the sixth consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by 200% against the previous year. Imports peaked at X kg in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, silk-worm cocoons imports expanded remarkably to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 603% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X kg), India (X kg) and the United States (X kg) were the main suppliers of silk-worm cocoons imports to the United Arab Emirates, with a combined 67% share of total imports. Moreover, silk-worm cocoons imports in China exceeded the figures recorded by the second-largest supplier, India, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and India ($X) constituted the largest silk-worm cocoons suppliers to the United Arab Emirates, together accounting for 96% of total imports. Germany and the United States lagged somewhat behind, together comprising a further 4%.

Germany, with a CAGR of +56.1%, 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 2022, the average silk-worm cocoons import price amounted to $X per ton, picking up by 9.9% against the previous year. In general, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 303%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($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 (+56.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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