Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in New Zealand - 2024
Contents:
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in New Zealand (CIF) - 2022
- Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in New Zealand
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in New Zealand (CIF) - 2022
The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $48,895 per ton in 2022, surging by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2015 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.1% per year.
Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in New Zealand
In 2022, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into New Zealand reduced markedly to 4.5 tons, dropping by -44.5% compared with 2021. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of 8.1 tons, and then declined rapidly in the following year.
In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s contracted notably to $219K in 2022. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 96%. As a result, imports reached the peak of $374K, and then fell remarkably in the following year.
| Import of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 299 | 187 | 372 | 215 | -10.4% |
| Others | 3.9 | 4.2 | 2.3 | 3.8 | -0.9% |
| Total | 303 | 191 | 374 | 219 | -10.3% |
Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to New Zealand in 2022:
- China (4.4 tons)
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