Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany - 2023
Contents:
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany (CIF) - 2023
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany (FOB) - 2023
- Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany
- Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany (CIF) - 2023
In December 2023, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $43,166 per ton, jumping by 297% against the previous month. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in March 2023 an increase of 333% month-to-month. The import price peaked at $59,778 per ton in September 2023; however, from October 2023 to December 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to +6.1% per month.
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany (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 $36,270 per ton, which is down by -35% against the previous month. In general, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in May 2023 an increase of 127% month-to-month. The export price peaked at $58,172 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($66,965 per ton), while the average price for exports to France ($5,021 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany
In 2022, approx. 472 tons of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s were imported into Germany; jumping by 52% on the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 surged to $8.7M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 6.4 | 6.7 | 8.3 | 5.8% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.6 | 0.2 | 0.3 | -29.3% |
| Total | 7.0 | 6.9 | 6.9 | 8.7 | 7.5% |
Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Germany in 2022:
- China (459.7 tons)
- India (7.7 tons)
Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany
After three years of growth, shipments abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -4.9% to 251 tons in 2022. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 264 tons, and then fell in the following year.
In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s contracted slightly to $6.7M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $7M, and then reduced modestly in the following year.
| Export of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5,318 | 4,821 | 5,580 | 5,780 | 2.8% |
| Mexico | 159 | N/A | 358 | 277 | 20.3% |
| France | 7.8 | 122 | 100 | 126 | 152.8% |
| Ukraine | 18.6 | 25.9 | 72.1 | 91.7 | 70.2% |
| Austria | 71.9 | 74.9 | 99.7 | 74.6 | 1.2% |
| Poland | 48.9 | 51.5 | 72.9 | 68.5 | 11.9% |
| Hungary | 37.8 | 26.5 | 46.2 | 40.7 | 2.5% |
| Spain | 77.5 | 91.3 | 129 | 36.5 | -22.2% |
| Netherlands | 16.2 | 10.9 | 49.9 | 15.2 | -2.1% |
| Others | 338 | 284 | 452 | 140 | -25.5% |
| Total | 6,093 | 5,509 | 6,960 | 6,651 | 3.0% |
Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from Germany in 2022:
- Italy (180.7 tons)
- France (25.3 tons)
- Hungary (9.0 tons)
- Mexico (8.2 tons)
- Ukraine (6.2 tons)
- Poland (5.9 tons)
- Austria (4.3 tons)
- Netherlands (3.4 tons)
- Spain (3.0 tons)
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