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

Contents:

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

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

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $156,750 per ton, picking up by 50% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for silk; woven fabrics of noil silks increased by +80.6% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +4.1% per year.

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

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $24,500 per ton, dropping by -50.3% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 262% against the previous year. As a result, import price attained the peak level of $161,833 per ton. From 2020 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 Turkey ($30,333 per ton), while the price for Lithuania totaled $7,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-5.2%).

Exports of Silk; Woven Fabrics of Noil Silk in Uzbekistan

Exports of silk; woven fabrics of noil silks from Uzbekistan contracted dramatically to 4 kg in 2022, falling by -20% compared with the previous year's figure. Overall, exports saw a abrupt contraction.

In value terms, exports of silk; woven fabrics of noil silks surged to $627 in 2022. The total export value increased at an average annual rate of +13.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (4.0 kg)

Imports of Silk; Woven Fabrics of Noil Silk in Uzbekistan

For the third year in a row, Uzbekistan recorded decline in overseas purchases of silk; woven fabrics of noil silks, which decreased by -71.4% to 4 kg in 2022. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -30% was in 2021.

In value terms, imports of silk; woven fabrics of noil silks reduced notably to $98 in 2022. Over the period under review, imports showed a precipitous setback. The smallest decline of -62.3% was in 2021.

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

1. Turkey (3.0 kg)
2. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform