World - Raw Silk - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Raw Silk in the World?
In 2015, the country with the largest volume of the raw silk output was China (X thousand tonnes), accounting for X% of global production. Moreover, raw silk output in China exceeded the figures recorded by the world's second largest producer, India (X thousand tonnes), fivefold. The third position in this ranking was occupied by Viet Nam with a share of X%.
From 2007 to 2015, an average annual growth rate of raw silk producton in China stood at +X%. The remaining producing countries recorded the following average annual growth rates: India (+X% per year) and Viet Nam (-X% per year).
Top Raw Silk Producing Countries in the World
X. China (X Tonnes)
X. India (X Tonnes)
X. Viet Nam (X Tonnes)
X. Turkmenistan (X Tonnes)
X. Romania (X Tonnes)
Global Raw Silk Production
Global raw silk production amounted to X thousand tonnes in 2015, standing approx. at the previous year level. Overall, the global raw silk output pursued a moderate growth from 2007 to 2015. The trend pattern was relatively stable, with only minor fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, when the output figure increased by +X% from the previous year level. In that year, the global raw silk production reached its maximum volume, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global raw silk production was primarily driven by disposable income growth, population growth, and growth of clothes consumption. Furthermore, these key drivers are expected to continue promoting the raw silk output in the immediate term.
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Source: IndexBox AI Platform
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