Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Brazil - 2024

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Brazil (FOB) - 2024
2. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Brazil (CIF) - 2022
3. Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Brazil
4. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Brazil

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Brazil (FOB) - 2024

In January 2024, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $10,941 per ton, flattening at the previous month. Over the period under review, the export price enjoyed a temperate expansion. The most prominent rate of growth was recorded in May 2023 an increase of 953% m-o-m. The export price peaked at $535K per ton in September 2023; however, from October 2023 to January 2024, the export prices remained at a lower figure.

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

From February 2023 to January 2024, the rate of growth in terms of prices for China amounted to +2.1% per month.

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $41,565 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2017 an increase of 330%. The import price peaked at $201,815 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +18.6% per year.

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

In 2022, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s from Brazil soared to 115 tons, with an increase of 58% against the previous year. Over the period under review, exports, however, recorded a perceptible shrinkage.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s surged to $1.1M in 2022. Overall, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (112.0 tons)
2. Japan (2.2 tons)

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

After two years of decline, supplies from abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by 0% to 340 kg in 2022. Over the period under review, imports saw a pronounced curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $14K in 2022. In general, imports showed a sharp reduction. The smallest decline of 99.9% was in 2020.

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

1. Paraguay (340.0 kg)

Source: IndexBox Market Intelligence Platform