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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $19,100 per ton in 2022, rising by 2.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 128% against the previous year. As a result, import price attained the peak level of $33,547 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($32,488 per ton), while the price for Pakistan ($12,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), 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 Spain (FOB) - 2022

In 2022, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $38,842 per ton, surging by 224% against the previous year. Overall, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 848% against the previous year. As a result, the export price attained the peak level of $132,710 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +24.5% per year.

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

In 2022, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s imported into Spain dropped markedly to 2.6 tons, waning by -44.3% on the previous year's figure. Over the period under review, imports saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 121%. As a result, imports reached the peak of 4.7 tons, and then declined remarkably in the following year.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s shrank markedly to $50K in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports reached the peak of $88K, and then shrank notably in the following year.

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

1. Germany (1153.0 kg)
2. China (793.0 kg)
3. Pakistan (686.0 kg)

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

After two years of decline, shipments abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s increased by 533% to 19 kg in 2022. Overall, exports, however, showed a precipitous descent.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s surged to $738 in 2022. In general, exports, however, recorded a dramatic decline.

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

1. Morocco (19.0 kg)

Source: IndexBox Market Intelligence Platform