Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium - 2023

Contents:

  1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium (FOB) - 2022
  2. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium (CIF) - 2022
  3. Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium
  4. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium (FOB) - 2022

The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $33,362 per ton in 2022, growing by 17% against the previous year. Overall, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,085%. Over the period under review, the average export prices attained the peak figure at $38,984 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($33,439 per ton), while the average price for exports to France ($32,643 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 France (+5.4%).

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium (CIF) - 2022

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $33,215 per ton in 2022, picking up by 12% against the previous year. Overall, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 170%. As a result, import price reached the peak level of $33,783 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($33,290 per ton), while the price for China stood at $33,212 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.8%).

Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium

In 2022, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s from Belgium surged to 5 tons, increasing by 61% against the previous year. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 682% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s skyrocketed to $166K in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 16,995%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A1590%
GermanyN/AN/AN/A6.90%
France26.70.487.00.9-67.7%
United Kingdom26.4N/AN/AN/A0%
United Arab EmiratesN/A0.1N/AN/A0%
United StatesN/AN/A1.4N/A0%
Others0.2N/AN/AN/A0%
Total53.30.588.416646.0%

Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from Belgium in 2022:

  1. Italy (4.8 tons)
  2. Germany (0.2 tons)

Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium

In 2022, approx. 4.9 tons of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s were imported into Belgium; jumping by 248% compared with the year before. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s skyrocketed to $162K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Belgium (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
China41.3155275.3%
IndiaN/A6.70%
Others0.3N/A0%
Total41.6162289.4%

Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Belgium in 2022:

  1. China (4.7 tons)
  2. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

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