Silk Fabric Market
Silk fabric market: read recently published facts and figures powered by an Ai-driven BI tool. Information cover companies, market size, consumption, production, exports, market prices, imports, and trade. Here is a split by region, including Africa, the U.K., China, EU, Latin America, the U.S., Russia, and the Middle East. Market dynamics and outlook to 2030 are also featured in the snapshots.
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Silk Fabric - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Russia |
| 2 | China |
| 3 | India |
| 4 | Belarus |
| 5 | United States |
In value terms, Russia led the market, alone. The second position in the ranking was occupied by China. It was followed by India.
In Russia, the silk fabric market increased at an average annual rate of +30.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (+7.8% per year) and India (+0.6% per year).
Silk Fabric Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per square meter | ||||
| United Arab Emirates | 4.3 | 16 | 4.1 | -2.5% |
| Turkey | 35 | 27 | 8 | -52.5% |
| India | 58 | 47 | 54 | -3.4% |
| China | 72 | 94 | 61 | -7.7% |
| France | 84 | 82 | 87 | 1.5% |
| Japan | 99 | 105 | 91 | -4.4% |
| Italy | 130 | 126 | 155 | 8.8% |
| Average | 78 | 93 | 63 | -10.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($155 per square meter), while the United Arab Emirates ($4.1 per square meter) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per square meter | ||||
| France | 138 | 149 | 152 | 4.9% |
| Japan | 120 | 110 | 150 | 11.9% |
| United States | 144 | 135 | 126 | -6.2% |
| Italy | 119 | 105 | 97 | -9.7% |
| Hong Kong SAR | 104 | 107 | 96 | -4.0% |
| United Arab Emirates | 106 | 129 | 85 | -10.4% |
| Nigeria | 110 | 108 | 44 | -37.1% |
| United Kingdom | 35 | 34 | 26 | -14.6% |
| Kyrgyzstan | n/a | n/a | 1.4 | 0.0% |
| Average | 91 | 91 | 44 | -30.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($152 per square meter), while Kyrgyzstan ($1.4 per square meter) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.
Silk Fabric - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Italy | 181 | 154 | 90 | -29.4% |
| France | 53 | 57 | 47 | -5.4% |
| United States | 78 | 63 | 43 | -25.7% |
| Japan | 46 | 40 | 27 | -22.7% |
| Hong Kong SAR | 39 | 38 | 22 | -25.2% |
In value terms, the largest silk fabric importing markets worldwide were Italy ($90M), France ($47M) and the United States ($43M), together accounting for 35% of global imports. Japan, Hong Kong SAR, the United Arab Emirates, the UK, Nigeria and Kyrgyzstan lagged somewhat behind, together accounting for a further 19%.
Kyrgyzstan recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.
Silk Fabric - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 396 | 595 | 268 | -17.7% |
| Italy | 201 | 191 | 141 | -16.2% |
| India | 43 | 41 | 60 | 18.6% |
| France | 43 | 45 | 44 | 1.3% |
| Japan | 46 | 43 | 36 | -11.7% |
In value terms, China ($268M), Italy ($141M) and India ($60M) appeared to be the countries with the highest levels of exports in 2020, with a combined 68% share of global exports. These countries were followed by France, Japan, Turkey and the United Arab Emirates, which together accounted for a further 14%.
Among the main exporting countries, Turkey (+112.6% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Silk Fabric - Market Forecast
Driven by increasing demand for silk fabric worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding 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.
Silk Fabric - Top Companies
Kingstar Medical Products Co., Ltd., Zhongshan Langfeng Tourism Products Co., Ltd., Rongsheng Petrochemical Co., Ltd., TEIJIN LIMITED, Yicheng County Xingsheng Knitting Co., Ltd., Hengli Petrochemical Co., Ltd., Inner Mongolia Eerduosi Resources Co.,Ltd., TOYOBO CO., LTD., Weiqiao Textile Company Limited, Shiyan Zhenzhenmian Knitwear Co., Ltd., Goldshield Fiber Glass Inc., KURABO INDUSTRIES LTD., FORMOSA TAFFETA CO., LTD., SEIREN CO., LTD., HYOSUNG VIETNAM COMPANY LIMITED, New Worldwide Trading Co., Ltd., PRATAMA ABADI INDUSTRI, PT, Guiyang Hongye Textile Printing and Dyeing Co., Ltd., ARVIND LIMITED, JAPAN WOOL TEXTILE CO., LTD., THE
Silk Fabric - Product Coverage
- HS 5007 - Woven fabrics of silk or of silk waste
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World - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
672
This report provides an in-depth analysis of the global silk fabric market.
Eastern Asia - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
218
This report provides an in-depth analysis of the silk fabric market in Eastern Asia.
Latin America and the Caribbean - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
205
This report provides an in-depth analysis of the silk fabric market in Latin America and the Caribbean.
South-Eastern Asia - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
204
This report provides an in-depth analysis of the silk fabric market in South-Eastern Asia.
Middle East - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
186
This report provides an in-depth analysis of the silk fabric market in the Middle East.
Australia and Oceania - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
183
This report provides an in-depth analysis of the silk fabric market in Australia and Oceania.
Central Asia - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
175
This report provides an in-depth analysis of the silk fabric market in Central Asia.
Northern America - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
173
This report provides an in-depth analysis of the silk fabric market in Northern America.
Africa - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
169
This report provides an in-depth analysis of the silk fabric market in Africa.
Southern Asia - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 27, 2022
160
This report provides an in-depth analysis of the silk fabric market in Southern Asia.
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