World - Silk Yarn and Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Silk Yarn Market 2024
Silk Yarn Market Size
After seven years of decline, the global silk yarn market increased by 2.4% to $X in 2021. In general, consumption showed a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the global market remained at a somewhat lower figure.
Silk Yarn Production
In value terms, silk yarn production expanded to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable contraction. The growth pace was the most rapid in 2013 with an increase of 4.6%. As a result, production attained the peak level of $X. From 2014 to 2021, global production growth remained at a lower figure.
Silk Yarn Exports
Exports
After three years of decline, overseas shipments of silk yarn and yarn spun from silk waste increased by 17% to X tons in 2021. In general, exports, however, recorded a deep reduction. Over the period under review, the global exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, silk yarn exports soared to $X in 2021. Over the period under review, exports, however, saw a deep contraction. Over the period under review, the global exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
China represented the key exporter of silk yarn and yarn spun from silk waste in the world, with the volume of exports finishing at X tons, which was approx. 49% of total exports in 2021. Romania (X tons) took the second position in the ranking, followed by Vietnam (X tons), Brazil (X tons) and Italy (X tons). All these countries together took near 35% share of total exports. The following exporters - India (X tons) and Thailand (X tons) - together made up 6.1% of total exports.
From 2012 to 2021, average annual rates of growth with regard to silk yarn exports from China stood at -11.3%. At the same time, India (+8.4%) and Thailand (+2.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +8.4% from 2012-2021. By contrast, Brazil (-1.7%), Romania (-2.8%), Italy (-5.7%) and Vietnam (-6.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Romania, Brazil, India, Italy and Thailand increased by +5.8, +3.3, +2.9, +1.7 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest silk yarn supplier worldwide, comprising 42% of global exports. The second position in the ranking was taken by Romania ($X), with an 18% share of global exports. It was followed by Italy, with a 10% share.
From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to -7.8%. In the other countries, the average annual rates were as follows: Romania (-1.1% per year) and Italy (-3.6% per year).
Export Prices by Country
The average silk yarn export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2013 an increase of 15%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the other global leaders experienced more modest paces of growth.
Silk Yarn Imports
Imports
In 2021, purchases abroad of silk yarn and yarn spun from silk waste was finally on the rise to reach X tons after six years of decline. Overall, imports, however, saw a deep slump. Global imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, silk yarn imports surged to $X in 2021. In general, imports, however, saw a deep setback. Over the period under review, global imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Italy (X tons), distantly followed by Japan (X tons), Pakistan (X tons) and India (X tons) represented the key importers of silk yarn and yarn spun from silk waste, together constituting 50% of total imports. The United States (X tons), Nepal (X tons), Ghana (X tons), Romania (X tons), Lesotho (X tons), Austria (X tons), Vietnam (X tons), Thailand (X tons) and France (X tons) took a relatively small share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lesotho (with a CAGR of +19.1%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, Italy ($X) constitutes the largest market for imported silk yarn and yarn spun from silk waste worldwide, comprising 35% of global imports. The second position in the ranking was taken by Japan ($X), with a 16% share of global imports. It was followed by the United States, with a 4.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value in Italy stood at -4.2%. In the other countries, the average annual rates were as follows: Japan (-7.6% per year) and the United States (-0.4% per year).
Import Prices by Country
The average silk yarn import price stood at $X per ton in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while Lesotho ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+9.6%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global silk yarn market. 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:
- Prodcom 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
- Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
- Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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