India - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRaw Silk Price in India - 2023
Contents:
- Raw Silk Price in India (CIF) - 2023
- Raw Silk Price in India (FOB) - 2022
- Raw Silk Imports in India
- Raw Silk Exports in India
Raw Silk Price in India (CIF) - 2023
The average raw silk import price stood at $55,670 per ton in July 2023, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 15% m-o-m. The import price peaked at $59,021 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Vietnam ($62,122 per ton), while the price for China totaled $48,494 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.1%).
Raw Silk Price in India (FOB) - 2022
The average raw silk export price stood at $13,829 per ton in 2022, falling by -27.8% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 143%. The export price peaked at $70,631 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($42,566 per ton), while the average price for exports to Bhutan ($9,465 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 Vietnam (-6.4%), while the prices for the other major destinations experienced a decline.
Raw Silk Imports in India
In 2022, imports of raw silk into India skyrocketed to 3.9K tons, jumping by 90% on the previous year. Overall, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, raw silk imports soared to $217M in 2022. In general, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Raw Silk in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 98.1 | 41.8 | 29.4 | 104 | 2.0% |
| Vietnam | 58.9 | 39.3 | 67.7 | 103 | 20.5% |
| Uzbekistan | 1.0 | 2.8 | 1.6 | 4.6 | 66.3% |
| Others | 1.2 | 1.1 | 5.5 | 4.5 | 55.4% |
| Total | 159 | 85.1 | 104 | 217 | 10.9% |
Top Suppliers of Raw Silk to India in 2022:
- China (2086.1 tons)
- Vietnam (1603.5 tons)
- Uzbekistan (102.2 tons)
Raw Silk Exports in India
In 2022, after three years of growth, there was significant decline in overseas shipments of raw silk, when their volume decreased by -87% to 11 tons. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,035%. As a result, the exports attained the peak of 81 tons, and then declined rapidly in the following year.
In value terms, raw silk exports contracted dramatically to $146K in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 903%. As a result, the exports reached the peak of $1.5M, and then shrank significantly in the following year.
| Export of Raw Silk in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | N/A | 51.1 | 91.2 | 60.3 | 8.6% |
| China | N/A | 17.6 | 459 | 52.9 | 73.4% |
| Iran | N/A | N/A | N/A | 12.9 | 0% |
| Nepal | 75.6 | 4.9 | 107 | 12.5 | -45.1% |
| Canada | N/A | N/A | 47.4 | 0.1 | -99.8% |
| Vietnam | N/A | 72.9 | 830 | N/A | 1038.5% |
| Others | 18.1 | 7.7 | 11.0 | 6.9 | -27.5% |
| Total | 93.7 | 154 | 1,546 | 146 | 15.9% |
Top Export Markets for Raw Silk from India in 2022:
- Canada (undefined tons)
- Bhutan (6.4 tons)
- China (2.8 tons)
- Nepal (0.8 tons)
- Iran (0.3 tons)
This report provides an in-depth analysis of the raw silk market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1186 - Silk, Raw
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the raw silk market in India.
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This report provides an in-depth analysis of the global raw silk market.
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This report provides an in-depth analysis of the raw silk market in India.
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This report provides an in-depth analysis of the global raw silk market.
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Raw Silk imports experienced the most rapid growth in May 2023, with a 27% month-on-month increase. The value of raw silk imports skyrocketed to $14M in November 2023.
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In May 2023, there was a significant surge in growth as the imports of Raw Silk increased by 27% month-on-month. However, in October 2023, the value of raw silk imports sharply declined to $11M.
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In February 2023, the raw silk price stood at $51,047 per ton (CIF, India), waning by -10.6% against the previous month.
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From 2010 to 2020, global raw silk exports reduced sharply from 9.9K tons to 4.6K tons. In value terms, supplies shrank from $369M to $216M.
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Global raw silk consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
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In 2015, the country with the largest volume of the raw silk output was China (X thousand tons), accounting for X% of global production.
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The global raw silk market showed a steady decline, falling from X thousand tons in 2008 to X thousand tons in 2014. However, the market value illustrated mixed dynamics over the period under review, due to constant fluctuations in producer pri
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China seized control of the raw silk market. In 2014, China exported X thousand tons of raw silk totaling X million USD, X% under the previous year. Its primary trading partner was India, where it supplied X% of its total raw silk exports in value
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In 2013, exports accounted for only X% of India's raw silk output. A steeper decline in exports was registered, while import decrease was less notable. Due to low trade intensity, imports and exports should not be regarded as strong factors influenc
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Raw Silk imports experienced the most rapid growth in May 2023, with a 27% month-on-month increase. The value of raw silk imports skyrocketed to $14M in November 2023.
