Vietnam: Silk-Worm Cocoons Market 2025

Silk-Worm Cocoons Market Size in Vietnam

In 2022, after three years of growth, there was decline in the Vietnamese silk-worm cocoons market, when its value decreased by -3.8% to $X. In general, consumption saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Silk-Worm Cocoons Production in Vietnam

In value terms, silk-worm cocoons production declined to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 8.2%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average silk-worm cocoons yield in Vietnam stood at less than X kg per ha, leveling off at 2021 figures. In general, 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, the total area harvested in terms of silk-worm cocoons (reelable) production in Vietnam amounted to less than X ha, almost unchanged from the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Silk-Worm Cocoons Exports

Exports from Vietnam

In 2022, overseas shipments of silk-worm cocoons (reelable) were finally on the rise to reach X kg after two years of decline. Overall, exports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2018 with an increase of 700%. Over the period under review, the exports attained the peak figure at X kg in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk-worm cocoons exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a precipitous contraction. The growth pace was the most rapid in 2018 with an increase of 541%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X kg) was the main destination for silk-worm cocoons exports from Vietnam, with a 93% share of total exports. Moreover, silk-worm cocoons exports to Japan exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at +4.0%.

In value terms, Japan ($X) remains the key foreign market for silk-worm cocoons (reelable) exports from Vietnam, comprising 93% of total exports. The second position in the ranking was held by China ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Japan stood at -18.2%.

Export Prices by Country

The average silk-worm cocoons export price stood at $X per ton in 2022, rising by 73% against the previous year. Overall, the export price, however, showed a dramatic descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-21.3%).

Silk-Worm Cocoons Imports

Imports into Vietnam

After two years of decline, supplies from abroad of silk-worm cocoons (reelable) increased by 159% to X tons in 2022. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by 11,212% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, silk-worm cocoons imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 16,395%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of silk-worm cocoons to Vietnam, with a 72% share of total imports. Moreover, silk-worm cocoons imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. Uzbekistan (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +62.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (0.0% per year) and Uzbekistan (+19.4% per year).

In value terms, China ($X) constituted the largest supplier of silk-worm cocoons (reelable) to Vietnam, comprising 75% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an 11% share of total imports. It was followed by Turkey, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +38.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (+0.3% per year) and Turkey (0.0% per year).

Import Prices by Country

In 2022, the average silk-worm cocoons import price amounted to $X per ton, waning by -19.1% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 an increase of 79%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Uzbekistan ($X per ton), while the price for Turkey ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-14.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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