Price for Silk; Woven Fabrics of Noil Silk in Pakistan - 2023
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Pakistan (FOB) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in Pakistan (CIF) - 2022
- Exports of Silk; Woven Fabrics of Noil Silk in Pakistan
- Imports of Silk; Woven Fabrics of Noil Silk in Pakistan
Price for Silk; Woven Fabrics of Noil Silk in Pakistan (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $3,102 per ton in 2022, declining by -10.1% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 35% against the previous year. The export price peaked at $17,067 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($29,996 per ton), while the average price for exports to Oman ($1,115 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 Saudi Arabia (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in Pakistan (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $27,890 per ton in 2022, remaining constant against the previous year. Overall, the import price saw a deep reduction. The growth pace was the most rapid in 2019 when the average import price increased by 210% against the previous year. Over the period under review, average import prices hit record highs at $165,124 per ton in 2017; however, from 2018 to 2022, 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 China ($84,924 per ton), while the price for Thailand ($15,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+31.5%), while the prices for the other major suppliers experienced a decline.
Exports of Silk; Woven Fabrics of Noil Silk in Pakistan
In 2022, the amount of silk; woven fabrics of noil silks exported from Pakistan soared to 25 tons, rising by 86% compared with the previous year's figure. In general, exports enjoyed a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of silk; woven fabrics of noil silks skyrocketed to $78K in 2022. Over the period under review, exports, however, showed a deep reduction.
| Export of Silk; Woven Fabrics of Noil Silk in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 21.2 | 14.6 | 18.2 | 24.2 | 4.5% |
| United Arab Emirates | 12.2 | 22.7 | 3.8 | 19.0 | 15.9% |
| India | 14.6 | 4.0 | 5.9 | 16.8 | 4.8% |
| United Kingdom | 21.5 | 1.0 | 0.2 | 7.1 | -30.9% |
| Saudi Arabia | 28.2 | 1.9 | 3.2 | 0.1 | -84.8% |
| Others | 18.6 | 11.5 | 15.3 | 10.5 | -17.4% |
| Total | 116 | 55.8 | 46.6 | 77.7 | -12.5% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Pakistan in 2022:
- Oman (21.7 tons)
- United Arab Emirates (1.9 tons)
- India (0.6 tons)
- United Kingdom (0.4 tons)
Imports of Silk; Woven Fabrics of Noil Silk in Pakistan
In 2022, approx. 2.6 tons of silk; woven fabrics of noil silks were imported into Pakistan; remaining constant against the previous year's figure. Overall, imports saw noticeable growth. The smallest decline of -15.7% was in 2020. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of silk; woven fabrics of noil silks stood at $72K in 2022. In general, imports recorded a dramatic setback. The smallest decline of -69.3% was in 2020.
| Import of Silk; Woven Fabrics of Noil Silk in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 31.4 | 50.0 | N/A | 40.4 | 8.8% |
| China | 246 | 34.6 | N/A | 28.0 | -51.5% |
| Thailand | 4.6 | 2.2 | N/A | 3.1 | -12.3% |
| Others | 1.3 | 0.4 | N/A | 0.2 | -46.4% |
| Total | 283 | 87.1 | N/A | 71.8 | -36.7% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Pakistan in 2022:
- United Arab Emirates (2036.0 kg)
- China (330.0 kg)
- Thailand (202.0 kg)
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