Price for Silk; Woven Fabrics of Noil Silk in Argentina - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Argentina (CIF) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in Argentina
Price for Silk; Woven Fabrics of Noil Silk in Argentina (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $116,310 per ton in 2022, increasing by 7.4% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.3% 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; woven fabrics of noil silks increased by +105.1% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 35%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
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 India ($593,719 per ton), while the price for France ($4,719 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silk; Woven Fabrics of Noil Silk in Argentina
For the third consecutive year, Argentina recorded decline in supplies from abroad of silk; woven fabrics of noil silks, which decreased by -4.7% to 1.5 tons in 2022. In general, imports continue to indicate a pronounced slump. The smallest decline of -3.4% was in 2020.
In value terms, imports of silk; woven fabrics of noil silks totaled $171K in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 2.3%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Silk; Woven Fabrics of Noil Silk in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 40.3 | 69.8 | 81.2 | 88.5 | 30.0% |
| United States | 34.4 | 55.1 | 59.3 | 59.8 | 20.2% |
| India | 20.9 | 27.0 | 23.4 | 19.0 | -3.1% |
| China | 61.5 | 8.4 | 0.8 | 1.8 | -69.2% |
| Italy | 1.9 | 2.3 | 1.9 | 1.4 | -9.7% |
| France | 0.6 | 0.7 | 0.6 | 0.4 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 160 | 163 | 167 | 171 | 2.2% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Argentina in 2022:
- Thailand (855.0 kg)
- Italy (280.0 kg)
- United States (188.0 kg)
- France (89.0 kg)
- India (32.0 kg)
- China (24.0 kg)
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