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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $42,896 per ton in 2022, increasing by 7.2% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s increased by +19.6% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 93% against the previous year. Over the period under review, average import prices reached the peak figure at $47,859 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($43,121 per ton), while the price for China stood at $42,671 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%).

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

The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $12,660 per ton in 2022, which is down by -33.1% against the previous year. In general, the export price, however, saw a mild expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs at $25,323 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +1.9% per year.

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

In 2022, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into Tunisia soared to 1.7 tons, with an increase of 95% against 2021. In general, imports continue to indicate a significant expansion. 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 surged to $72K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained 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 Tunisia in 2022:

1. Italy (835.0 kg)
2. China (834.0 kg)

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

In 2022, shipments abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -23.4% to 494 kg, falling for the second consecutive year after two years of growth. In general, exports showed a mild decline. The pace of growth appeared the most rapid in 2020 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 796 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s contracted sharply to $6.3K in 2022. Overall, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Italy (494.0 kg)

Source: IndexBox Market Intelligence Platform