Price for Silk; Woven Fabrics of Noil Silk in Indonesia - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Indonesia (CIF) - 2022
  2. Price for Silk; Woven Fabrics of Noil Silk in Indonesia (FOB) - 2022
  3. Imports of Silk; Woven Fabrics of Noil Silk in Indonesia
  4. Exports of Silk; Woven Fabrics of Noil Silk in Indonesia

Price for Silk; Woven Fabrics of Noil Silk in Indonesia (CIF) - 2022

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $17,052 per ton, with an increase of 3.6% against the previous year. Overall, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 an increase of 29%. Over the period under review, average import prices attained the peak figure at $25,292 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($43,459 per ton), while the price for South Korea ($8,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk; Woven Fabrics of Noil Silk in Indonesia (FOB) - 2022

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $37,479 per ton, rising by 34% against the previous year. In general, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 130%. Over the period under review, the average export prices attained the maximum at $66,787 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($51,335 per ton), while the average price for exports to the UK ($21,658 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 Kenya (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk; Woven Fabrics of Noil Silk in Indonesia

In 2022, overseas purchases of silk; woven fabrics of noil silks decreased by -90% to 3.4 tons, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic downturn. The growth pace was the most rapid in 2020 when imports increased by 312%. As a result, imports reached the peak of 49 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of silk; woven fabrics of noil silks fell dramatically to $58K in 2022. Overall, imports faced a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 431%. As a result, imports reached the peak of $779K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Silk; Woven Fabrics of Noil Silk in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11374046541.4-28.4%
South KoreaN/A0.50.18.7317.1%
Taiwan (Chinese)8.2N/AN/A2.7-30.9%
Hong Kong SAR4.732.373.11.3-34.8%
AustraliaN/A1.1N/A1.24.4%
Others20.24.220.62.5-50.2%
Total14777955957.7-26.8%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Indonesia in 2022:

  1. China (2111.0 kg)
  2. South Korea (1085.0 kg)
  3. Taiwan (Chinese) (61.0 kg)
  4. Australia (51.0 kg)
  5. Hong Kong SAR (50.0 kg)

Exports of Silk; Woven Fabrics of Noil Silk in Indonesia

Exports of silk; woven fabrics of noil silks from Indonesia surged to 919 kg in 2022, rising by 127% against 2021. In general, exports, however, recorded a deep slump.

In value terms, exports of silk; woven fabrics of noil silks surged to $34K in 2022. Over the period under review, exports recorded tangible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silk; Woven Fabrics of Noil Silk in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A23.20%
United Kingdom3.513.0N/A7.931.2%
Timor-Leste1.51.24.52.924.6%
United States11.30.60.10.1-79.3%
China0.10.16.60.10.0%
Myanmar12.8N/AN/AN/A0%
Others2.53.00.10.3-50.7%
Total31.818.011.334.42.7%

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Indonesia in 2022:

  1. Kenya (451.0 kg)
  2. United Kingdom (363.0 kg)
  3. Timor-Leste (92.0 kg)
  4. United States (3.0 kg)
  5. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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