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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $34,486 per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price showed a moderate increase. The most prominent rate of growth was recorded in 2013 an increase of 85% against the previous year. Over the period under review, average import prices reached the peak figure at $49,856 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 +4.8% per year.

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

In 2022, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into Pakistan soared to 11 tons, increasing by 373% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports attained 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 soared to $364K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (10.6 tons)

Source: IndexBox Market Intelligence Platform