Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa - 2024
Contents:
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa (CIF) - 2022
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa (FOB) - 2022
- Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa
- Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa (CIF) - 2022
The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $39,757 per ton in 2022, surging by 53% against the previous year. Overall, the import price, however, showed a abrupt contraction. The import price peaked at $69,167 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($259,908 per ton), while the price for the UK ($6,403 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+59.0%), while the prices for the other major suppliers experienced a decline.
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa (FOB) - 2022
The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $3,747 per ton in 2022, approximately equating the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2016 when the average export price increased by 257%. The export price peaked at $19,024 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($13,000 per ton), while the average price for exports to Democratic Republic of the Congo ($1,125 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 Swaziland (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa
In 2022, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s imported into South Africa soared to 4.2 tons, picking up by 177% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. 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 skyrocketed to $169K in 2022. Overall, imports showed significant growth. As a result, imports attained 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 South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 7.3 | 63.3 | 767.1% |
| Germany | N/A | N/A | 10.7 | 54.3 | 407.5% |
| Switzerland | N/A | N/A | 10.3 | 28.3 | 174.8% |
| United Kingdom | N/A | N/A | 9.1 | 17.9 | 96.7% |
| Italy | N/A | N/A | 2.3 | 4.9 | 113.0% |
| Others | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Total | N/A | N/A | 39.8 | 169 | 324.6% |
Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to South Africa in 2022:
- United Kingdom (2788.0 kg)
- China (755.0 kg)
- Germany (510.0 kg)
- Switzerland (109.0 kg)
- Italy (80.0 kg)
Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa
For the third year in a row, South Africa recorded decline in overseas shipments of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s, which decreased by 0% to 91 kg in 2022. Overall, exports saw a sharp descent. The smallest decline of -99.2% was in 2020.
In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $341 in 2022. In general, exports faced a precipitous setback. The smallest decline of -99.3% was in 2020.
| Export of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 5,075 | 6.0 | N/A | 273 | -62.3% |
| Zimbabwe | 185 | 1.0 | N/A | 17.0 | -54.9% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 9.0 | 0% |
| Swaziland | 145 | 1.0 | N/A | 7.0 | -63.6% |
| Others | 6,033 | 67.0 | N/A | 35.0 | -82.0% |
| Total | 11,438 | 75.0 | N/A | 341 | -69.0% |
Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from South Africa in 2022:
- Lesotho (75.0 kg)
- Democratic Republic of the Congo (8.0 kg)
- Zimbabwe (2.0 kg)
- Swaziland (1.0 kg)
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