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

Contents:

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

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

In 2022, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $29,000 per ton, remaining constant against the previous year. Overall, the import price recorded strong growth. The pace of growth appeared the most rapid in 2020 a decrease of 99.9% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2016 to 2022, the rate of growth in terms of prices for Germany amounted to 0.0% per year.

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

In 2022, after two years of decline, there was decline in overseas purchases of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s, when their volume decreased by 0% to 1 kg. Over the period under review, imports saw a dramatic curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $29 in 2022. Overall, imports faced a sharp downturn. The smallest decline of 99.9% was in 2020.

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

1. India (1.0 kg)

Source: IndexBox Market Intelligence Platform