Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States - 2024
Contents:
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States (CIF) - 2022
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States (FOB) - 2022
- Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States
- Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States (CIF) - 2022
The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $9,170 per ton in 2022, picking up by 40% against the previous year. Overall, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 70%. As a result, import price reached the peak level of $17,317 per ton. From 2018 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 Italy ($37,221 per ton), while the price for China ($5,361 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.1%), 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 the United States (FOB) - 2022
The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $4,394 per ton in 2022, jumping by 16% against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 224% against the previous year. Over the period under review, the average export prices reached the maximum at $13,087 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($16,583 per ton), while the average price for exports to Mexico ($1,465 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 Italy (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States
Imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into the United States skyrocketed to 405 tons in 2022, increasing by 236% against 2021 figures. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 436%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s soared to $3.7M in 2022. Over the period under review, imports posted 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 the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.1 | 77.6 | 652 | 1,901 | 167.7% |
| Italy | N/A | 11.3 | 38.0 | 1,252 | 952.6% |
| Japan | 131 | 98.0 | 6.8 | 248 | 23.7% |
| India | 74.6 | 34.6 | 57.8 | 12.3 | -45.2% |
| Others | 36.7 | 21.9 | 34.8 | 298 | 101.0% |
| Total | 341 | 243 | 790 | 3,710 | 121.6% |
Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to the United States in 2022:
- China (354.5 tons)
- Italy (33.6 tons)
- Japan (11.8 tons)
- India (0.5 tons)
Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States
In 2022, shipments abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s increased by 34% to 22 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous contraction.
In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s soared to $96K in 2022. In general, exports, however, recorded a dramatic decline.
| Export of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | 14.0 | N/A | 43.1 | 75.5% |
| Jamaica | N/A | N/A | N/A | 21.9 | 0% |
| United Kingdom | N/A | N/A | N/A | 14.0 | 0% |
| Mexico | N/A | N/A | 15.7 | 12.8 | -18.5% |
| Costa Rica | N/A | N/A | N/A | 4.1 | 0% |
| Japan | 16.5 | 43.0 | N/A | N/A | 160.6% |
| Paraguay | 3.0 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 460 | N/A | N/A | N/A | 0% |
| Italy | 197 | N/A | 19.7 | N/A | -68.4% |
| Netherlands | N/A | 8.0 | N/A | N/A | 0% |
| Others | 41.4 | 39.0 | 26.5 | N/A | -20.0% |
| Total | 717 | 104 | 61.9 | 95.8 | -48.9% |
Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from the United States in 2022:
- Mexico (8.7 tons)
- Ireland (6.1 tons)
- Jamaica (5.6 tons)
- United Kingdom (0.8 tons)
- Costa Rica (0.6 tons)
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