Price for Silk; Woven Fabrics of Noil Silk in China - 2024
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in China (FOB) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in China (CIF) - 2022
- Exports of Silk; Woven Fabrics of Noil Silk in China
- Imports of Silk; Woven Fabrics of Noil Silk in China
Price for Silk; Woven Fabrics of Noil Silk in China (FOB) - 2022
In 2022, the average export price for silk; woven fabrics of noil silks amounted to $32,727 per ton, reducing by -11.3% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39% against the previous year. The export price peaked at $73,898 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($147,057 per ton), while the average price for exports to Turkey ($1,000 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 Iraq (+98.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in China (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $98,341 per ton in 2022, surging by 6.2% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 decreased by -14.5% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 30% against the previous year. As a result, import price attained the peak level of $143,261 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 France ($205,712 per ton), while the price for Japan ($58,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silk; Woven Fabrics of Noil Silk in China
In 2022, exports of silk; woven fabrics of noil silks from China dropped significantly to 55 tons, which is down by -18.7% against the previous year. In general, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 156% against the previous year. As a result, the exports attained the peak of 67 tons, and then dropped rapidly in the following year.
In value terms, exports of silk; woven fabrics of noil silks reduced dramatically to $1.8M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 137%. As a result, the exports reached the peak of $2.5M, and then contracted dramatically in the following year.
| Export of Silk; Woven Fabrics of Noil Silk in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 0.2 | 7.7 | 956 | 1,118 | 1674.8% |
| United States | 292 | 130 | 207 | 306 | 1.6% |
| Japan | 152 | 35.1 | 508 | 84.9 | -17.6% |
| United Arab Emirates | 31.1 | 7.3 | 5.7 | 50.8 | 17.8% |
| Italy | 667 | 198 | 184 | 47.7 | -58.5% |
| Cambodia | 25.8 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | 151 | 146 | N/A | -3.3% |
| Pakistan | 43.4 | 82.6 | 28.6 | N/A | -18.8% |
| Others | 554 | 437 | 448 | 182 | -31.0% |
| Total | 1,765 | 1,049 | 2,483 | 1,790 | 0.5% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from China in 2022:
- Vietnam (39.9 tons)
- United States (8.9 tons)
- United Arab Emirates (1.3 tons)
- Japan (1.3 tons)
- Italy (1.1 tons)
Imports of Silk; Woven Fabrics of Noil Silk in China
In 2022, imports of silk; woven fabrics of noil silks into China fell sharply to 728 kg, shrinking by -36% on the previous year. Overall, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 170%.
In value terms, imports of silk; woven fabrics of noil silks shrank sharply to $72K in 2022. Over the period under review, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 117% against the previous year.
| Import of Silk; Woven Fabrics of Noil Silk in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.6 | 7.6 | 67.3 | 36.0 | 182.3% |
| Italy | 60.3 | 34.4 | 10.9 | 20.6 | -30.1% |
| France | 18.3 | N/A | 6.1 | 12.1 | -12.9% |
| South Korea | 74.8 | 2.7 | N/A | 2.3 | -68.7% |
| United Kingdom | 0.2 | N/A | 10.4 | 0.2 | 0.0% |
| Japan | 75.1 | 0.5 | 4.1 | 0.2 | -86.1% |
| Others | 0.4 | 3.3 | 6.6 | 0.1 | -37.0% |
| Total | 231 | 48.5 | 105 | 71.6 | -32.3% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to China in 2022:
- India (533.0 kg)
- Italy (117.0 kg)
- France (59.0 kg)
- South Korea (13.0 kg)
- Japan (4.0 kg)
- United Kingdom (1.0 kg)
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