Raw Silk Market

Raw silk market: read recently published data enhanced by an Ai-driven market research tool. Datasets contain imports, market prices, consumption, market size, production, trade, companies, and exports. There is a split by region, including Latin America, Russia, Africa, China, EU, the U.S., the Middle East, and the U.K. Market trends and forecast to 2030 are also featured in the reports.

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Raw Silk - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by India.

From 2018 to 2020, the average annual growth rate of value in China stood at -4.4%. In the other countries, the average annual rates were as follows: India (-8.7% per year) and Romania (-10.3% per year).

Raw Silk Prices

Raw Silk - Top Importers

In value terms, India ($85M), Romania ($55M) and Italy ($28M) were the countries with the highest levels of imports in 2020, with a combined 65% share of global imports. Vietnam, Malaysia, France, Japan, Iran, Germany, South Korea and China lagged somewhat behind, together accounting for a further 26%.

Among the main importing countries, France (+88.0% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Raw Silk - Top Exporters

In value terms, China ($283M) remains the largest raw silk supplier worldwide, comprising 70% of global exports. The second position in the ranking was occupied by Vietnam ($40M), with a 9.9% share of global exports. It was followed by Italy, with a 4.9% share.

In China, raw silk exports decreased by an average annual rate of -1.4% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (-10.2% per year) and Italy (-5.2% per year).

Raw Silk - Market Forecast

Driven by rising demand for raw silk worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Raw Silk - Top Companies

Farmco AG, Tianzhen County Hongxing Breeding Co., Ltd., NICHIREI FRESH INC., RAWLINSON & BROWN PTY LTD, ELDERS LIMITED, Changzhi Jiaoqu Xinwang Milk Cow Specialty Cooperative, AGROKOMPLEKS, AO, HUNLAND-TRADE Mezögazdasági Termelö és Kereskedelmi Korlátolt Felelösségü Társaság, SOCIEDAD COOPERATIVA CHORTITZER LTDA., GENUS PLC, Yushe County Jinnong Agriculture & Forestry & Animal Husbandry Specialty Coopera tive, Hendrix Genetics B.V., Nonghyupmoguchon Co., Ltd., Chengdu Shuangtang Eco-agriculture Co., Ltd., U.V.E. SA., Yangqu County Duoji Breeding Specialty Cooperative, Zezhou County Qingfengyuan Breeding Specialty Cooperative, Vanden Avenne Ooigem NV, Yonghe County Suozhu Cattle Breeding Specialty Cooperative, Tengchong Tenggui Bee Co.,Ltd.

Raw Silk - Product Coverage

• HS 5002 - Raw silk (not thrown)