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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $32,656 per ton in 2022, with an increase of 6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.2%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($49,330 per ton), while the price for Vietnam ($15,203 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $18,040 per ton, declining by -46.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 77%. Over the period under review, the average export prices attained the maximum at $40,342 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($67,029 per ton), while the average price for exports to India ($4,838 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+21.3%), 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 Japan

Imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into Japan declined markedly to 127 tons in 2022, which is down by -29.7% on the previous year. Overall, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year. As a result, imports reached the peak of 181 tons, and then fell dramatically in the following year.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s declined remarkably to $4.2M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 168%. As a result, imports reached the peak of $5.6M, and then plummeted in the following year.

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

1. China (117.7 tons)
2. Vietnam (4.8 tons)
3. Brazil (2.1 tons)
4. Thailand (1.7 tons)

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

In 2022, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s from Japan declined remarkably to 8.3 tons, falling by -44.7% on the year before. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 93%. As a result, the exports reached the peak of 15 tons, and then fell markedly in the following year.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s reduced remarkably to $149K in 2022. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of $502K, and then shrank sharply in the following year.

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

1. China (3.1 tons)
2. Vietnam (2.2 tons)
3. India (2.1 tons)
4. United States (0.8 tons)

Source: IndexBox Market Intelligence Platform