Price for Silk; Woven Fabrics of Noil Silk in Italy - 2023

Contents:

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

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

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $111,594 per ton, picking up by 7.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 9.9% against the previous year. The export price peaked at $121,386 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($283,937 per ton), while the average price for exports to Albania ($18,091 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 Poland (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $42,527 per ton, rising by 379% against the previous year. Overall, the import price, however, recorded a deep setback. Over the period under review, average import prices attained the peak figure at $103,600 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($146,017 per ton), while the price for Hungary ($3,886 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.1%), while the prices for the other major suppliers experienced a decline.

Exports of Silk; Woven Fabrics of Noil Silk in Italy

Exports of silk; woven fabrics of noil silks from Italy plummeted to 23 tons in 2022, declining by -22% on 2021 figures. Over the period under review, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 11%.

In value terms, exports of silk; woven fabrics of noil silks contracted dramatically to $2.6M in 2022. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.

Export of Silk; Woven Fabrics of Noil Silk in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3473353673661.8%
France749135520300-26.3%
Romania21794.979.72646.8%
United Kingdom78.615.614519735.8%
Russia352342279143-25.9%
China11413633.71304.5%
United Arab Emirates1112781181202.6%
Hong Kong SAR33613016.694.1-34.6%
Spain12618988.793.3-9.5%
AlbaniaN/AN/A13.890.5555.8%
Germany41412920989.0-40.1%
Poland82.458.612482.40.0%
SerbiaN/A12.65.216.213.4%
Others1,7556481,062583-30.7%
Total4,6812,5043,0612,570-18.1%

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

  1. Albania (5.0 tons)
  2. France (2.6 tons)
  3. United States (2.4 tons)
  4. Russia (1.6 tons)
  5. Romania (1.5 tons)
  6. Serbia (0.8 tons)
  7. Germany (0.8 tons)
  8. United Kingdom (0.7 tons)
  9. China (0.7 tons)
  10. Spain (0.6 tons)
  11. United Arab Emirates (0.5 tons)
  12. Poland (0.5 tons)
  13. Hong Kong SAR (0.5 tons)

Imports of Silk; Woven Fabrics of Noil Silk in Italy

In 2022, the amount of silk; woven fabrics of noil silks imported into Italy dropped sharply to 9.5 tons, which is down by -84.5% compared with the year before. Over the period under review, imports continue to indicate a significant curtailment. The smallest decline of -14.9% was in 2020.

In value terms, imports of silk; woven fabrics of noil silks reduced dramatically to $402K in 2022. In general, imports showed a sharp contraction.

Import of Silk; Woven Fabrics of Noil Silk in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan39.425.010.114454.0%
China48812012755.9-51.4%
India58.583.859.354.5-2.3%
South Korea12.31.58.451.160.8%
Slovenia191N/A65.123.0-50.6%
France12.79.710.913.52.1%
Germany42231545.66.8-74.7%
Hungary56.920030.25.8-53.3%
TurkeyN/AN/AN/A2.00%
BulgariaN/AN/A71.2N/A0%
Others77.79.111545.9-16.1%
Total1,358764543402-33.4%

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

  1. China (1673.0 kg)
  2. Hungary (1491.0 kg)
  3. Japan (1404.0 kg)
  4. Germany (1224.0 kg)
  5. India (1211.0 kg)
  6. Slovenia (721.0 kg)
  7. Turkey (505.0 kg)
  8. France (440.0 kg)
  9. South Korea (350.0 kg)

Source: IndexBox Market Intelligence Platform

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