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

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Uzbekistan (FOB) - 2023
2. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Uzbekistan (CIF) - 2022
3. Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Uzbekistan
4. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Uzbekistan

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

In November 2023, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $8,335 per ton, dropping by -27.7% against the previous month. In general, the export price showed a pronounced descent. The growth pace was the most rapid in May 2023 when the average export price increased by 75% against the previous month. As a result, the export price reached the peak level of $17,549 per ton. From June 2023 to November 2023, the the average export prices failed to regain momentum.

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

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -2.6% per month.

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $19,542 per ton in 2022, dropping by -40.7% against the previous year. Over the period under review, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 449% against the previous year. The import price peaked at $32,952 per ton in 2021, and then shrank remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Azerbaijan.

From 2019 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to -40.7% per year.

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

In 2022, shipments abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -9.6% to 1.2K tons, falling for the second consecutive year after two years of growth. In general, exports saw a slight reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 54%. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s declined significantly to $21M in 2022. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 36%. As a result, the exports attained the peak of $37M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. China (1008.0 tons)
2. Kyrgyzstan (86.3 tons)
3. Iran (55.1 tons)
4. Vietnam (21.2 tons)

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

In 2022, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s imported into Uzbekistan fell notably to 1.9 tons, shrinking by -97.8% on the previous year. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 527,406% against the previous year. As a result, imports attained the peak of 84 tons, and then contracted remarkably in the following year.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s fell sharply to $36K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,000,321% against the previous year. As a result, imports attained the peak of $2.8M, and then plummeted in the following year.

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

1. Azerbaijan (1.9 tons)

Source: IndexBox Market Intelligence Platform