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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $57,106 per ton in 2022, jumping by 344% against the previous year. Over the period under review, the import price enjoyed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($64,256 per ton), while the price for the UK ($43,183 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+235.4%), 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 Lithuania (FOB) - 2022

In 2020, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $56,471 per ton, with an increase of 6.9% against the previous year. Overall, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 140%. Over the period under review, the average export prices reached the peak figure in 2020 and is likely to see steady growth in the immediate term.

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

From 2018 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

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

After three years of growth, overseas purchases of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -51.4% to 885 kg in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 7,000%.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s surged to $51K in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 8,805% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Germany (579.0 kg)
2. United Kingdom (290.0 kg)
3. Italy (16.0 kg)

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

In 2020, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s exported from Lithuania reduced sharply to 17 kg, with a decrease of -92.5% against the previous year's figure. In general, exports faced a significant decrease.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s fell remarkably to $960 in 2020. Overall, exports recorded a dramatic downturn.

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

1. Italy (17.0 kg)

Source: IndexBox Market Intelligence Platform