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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $33,091 per ton in 2022, with a decrease of -6.3% against the previous year. Over the period under review, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2019 when the average import price increased by 76% against the previous year. Over the period under review, average import prices hit record highs at $42,944 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($46,500 per ton), while the price for Argentina ($24,154 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%).

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

In 2022, supplies from abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -15.4% to 22 kg, falling for the second year in a row after two years of growth. In general, imports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports attained the peak of 2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s reduced rapidly to $728 in 2022. Over the period under review, imports saw a significant decline. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of $76K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Argentina (13.0 kg)
2. United Kingdom (8.0 kg)
3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform