Vietnam - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Vietnam - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Silk Yarn Price in Vietnam - 2022

Contents:

  1. Silk Yarn Price in Vietnam (FOB) - 2022
  2. Silk Yarn Price in Vietnam (CIF) - 2022
  3. Silk Yarn Exports in Vietnam
  4. Silk Yarn Imports in Vietnam

Silk Yarn Price in Vietnam (FOB) - 2022

The average silk yarn export price stood at $46,277 per ton in December 2022, increasing by 5.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2022 an increase of 65% month-to-month. As a result, the export price reached the peak level of $69,417 per ton. From May 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($77,425 per ton), while the average price for exports to Thailand ($11,010 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Yarn Price in Vietnam (CIF) - 2022

The average silk yarn import price stood at $37,836 per ton in 2022, increasing by 74% against the previous year. Overall, the import price, however, showed a noticeable curtailment. Over the period under review, average import prices hit record highs at $66,518 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 ($40,036 per ton), while the price for Japan totaled $18,318 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.

Silk Yarn Exports in Vietnam

In 2022, approx. 625 tons of silk yarn and yarn spun from silk waste were exported from Vietnam; growing by 2.5% compared with 2021 figures. In general, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

In value terms, silk yarn exports surged to $33M in 2022. Overall, exports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year.

Export of Silk Yarn in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.45.58.614.525.1%
Japan13.98.19.57.8-17.5%
Italy5.62.52.04.0-10.6%
Thailand4.82.62.52.6-18.5%
Lao People's Democratic Republic0.20.42.12.3125.7%
South Korea2.00.81.41.5-9.1%
China0.40.20.1N/A-50.0%
Others1.10.30.40.2-43.3%
Total35.320.426.533.0-2.2%

Top Export Markets for Silk Yarn from Vietnam in 2022:

  1. India (213.8 tons)
  2. Thailand (156.5 tons)
  3. Japan (112.4 tons)
  4. Lao People's Democratic Republic (61.1 tons)
  5. Italy (57.2 tons)
  6. South Korea (20.9 tons)

Silk Yarn Imports in Vietnam

In 2022, supplies from abroad of silk yarn and yarn spun from silk waste decreased by -84.4% to 12 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year.

In value terms, silk yarn imports shrank significantly to $445K in 2022. Over the period under review, imports recorded a precipitous setback. The smallest decline of -3.4% was in 2021.

Import of Silk Yarn in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4671,3911,594413-34.5%
Japan36860.933.425.4-59.0%
UzbekistanN/A91.6N/AN/A0%
India61.956.8N/AN/A-8.2%
Others64.299.914.16.6-53.2%
Total1,9621,7001,642445-39.0%

Top Suppliers of Silk Yarn to Vietnam in 2022:

  1. China (10.3 tons)
  2. Japan (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk yarn market in Vietnam. 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:

  • Prodcom 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
  • Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
  • Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut

Country coverage:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Which Country Imports the Most Silk Waste in the World?
Jul 26, 2018
Eye 681

In value terms, silk waste imports amounted to $X in 2016. Overall, silk waste imports continue to indicate a relatively flat trend pattern. Over the period under review, global silk waste imports a...

Which Country Imports the Most Silk Yarn and Yarn Spun From Silk Waste in the World?
Jul 26, 2018
Eye 1151

In value terms, silk yarn and yarn spun from silk waste imports totaled $X in 2016. Overall, silk yarn and yarn spun from silk waste imports continue to indicate a drastic drop. Over the period unde...

Which Country Exports the Most Silk Waste in the World?
Jul 26, 2018
Eye 1346

In value terms, silk waste exports totaled $X in 2016. Overall, silk waste exports continue to indicate a relatively flat trend pattern. Global silk waste export peaked of $X in 2014; however, fro...

Which Country Exports the Most Silk Yarn and Yarn Spun From Silk Waste in the World?
Jul 26, 2018
Eye 712

In value terms, silk yarn and yarn spun from silk waste exports stood at $X in 2016. Overall, silk yarn and yarn spun from silk waste exports continue to indicate a drastic deduction. In that year,...

Which Country Imports the Most Silk Yarn in the World?
May 28, 2018
Eye 974

In 2016, the amount of silk yarn imported worldwide amounted to X tons, reducing by -X% against the previous year level. In general, silk yarn imports continue to indicate a deep downturn. The...

Which Country Exports the Most Silk Yarn in the World?
May 28, 2018
Eye 619

In 2016, the amount of silk yarn imported worldwide amounted to X tons, reducing by -X% against the previous year level. In general, silk yarn imports continue to indicate a deep downturn. The...

Which Country Imports the Most Silk Waste in the World?
Jul 26, 2018
Eye 681

In value terms, silk waste imports amounted to $X in 2016. Overall, silk waste imports continue to indicate a relatively flat trend pattern. Over the period under review, global silk waste imports a...

Which Country Imports the Most Silk Yarn and Yarn Spun From Silk Waste in the World?
Jul 26, 2018
Eye 1151

In value terms, silk yarn and yarn spun from silk waste imports totaled $X in 2016. Overall, silk yarn and yarn spun from silk waste imports continue to indicate a drastic drop. Over the period unde...

Which Country Exports the Most Silk Waste in the World?
Jul 26, 2018
Eye 1346

In value terms, silk waste exports totaled $X in 2016. Overall, silk waste exports continue to indicate a relatively flat trend pattern. Global silk waste export peaked of $X in 2014; however, fro...

Which Country Exports the Most Silk Yarn and Yarn Spun From Silk Waste in the World?
Jul 26, 2018
Eye 712

In value terms, silk yarn and yarn spun from silk waste exports stood at $X in 2016. Overall, silk yarn and yarn spun from silk waste exports continue to indicate a drastic deduction. In that year,...

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