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Silk-worm Cocoons Market

Silk-worm cocoons market: discover newly released information powered by an Ai-driven market research tool. Datasets include production, trade, exports, market size, imports, market prices, consumption, and companies. There is a breakdown by country, including Latin America, the U.K., the Middle East, China, Russia, Africa, EU, and the U.S. Market insights and forecast to 2030 are also featured in the reports.

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Silk-worm Cocoons - World's Largest Markets

Rating	Country
1	China
2	India
3	Vietnam
4	Romania
5	Uzbekistan

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

From 2018 to 2020, the average annual growth rate of value in China amounted to +11.6%. In the other countries, the average annual rates were as follows: India (+2.6% per year) and Vietnam (+17.6% per year).

Silk-Worm Cocoons Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Hong Kong SAR	952	755	604	-20.3%
United States	2052	1466	1375	-18.1%
Uzbekistan	16716	10131	3546	-53.9%
Turkey	10427	14335	5585	-26.8%
Tajikistan	11583	5748	5815	-29.1%
Myanmar	9870	8604	6000	-22.0%
Kyrgyzstan	5744	5739	6444	5.9%
Azerbaijan	n/a	n/a	8553	0.0%
Average	8318	5685	6597	-10.9%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Azerbaijan ($8,553 per ton), while Hong Kong SAR ($604 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, 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
COUNTRY	USD per ton			CAGR, 2018-2020
Kenya	28331	24929	21936	-12.0%
Netherlands	19773	12311	12028	-22.0%
China	6508	8126	8174	12.1%
Iran	8902	7471	6200	-16.5%
Kazakhstan	5664	5859	5755	0.8%
Pakistan	3913	4063	4155	3.0%
Slovakia	n/a	n/a	3796	0.0%
Average	13334	10930	10423	-11.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Kenya ($21,936 per ton), while Slovakia ($3,796 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Silk-Worm Cocoons - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	0.04	0.8	1.6	545.6%
Kenya	0.8	0.8	0.8	0.5%
Netherlands	0.4	0.4	0.5	6.2%
Kazakhstan	0.04	0.1	0.1	90.3%
Slovakia	n/a	n/a	0.1	0.0%

In value terms, China ($1.6M), Kenya ($834K) and the Netherlands ($469K) appeared to be the countries with the highest levels of imports in 2020, with a combined 73% share of global imports.

China (+545.6% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Silk-Worm Cocoons - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Azerbaijan	n/a	n/a	0.8	0.0%
Turkey	0.06	0.2	0.5	166.0%
Kyrgyzstan	0.2	0.4	0.4	52.3%
Uzbekistan	0.3	0.3	0.2	-27.0%
Tajikistan	0.4	0.5	0.2	-32.6%

In value terms, Azerbaijan ($823K), Turkey ($451K) and Kyrgyzstan ($430K) appeared to be the countries with the highest levels of exports in 2020, with a combined 56% share of global exports. These countries were followed by Uzbekistan, Tajikistan, Myanmar, the United States and Hong Kong SAR, which together accounted for a further 18%.

Hong Kong SAR (+3,109.0% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Silk-Worm Cocoons - Market Forecast

Driven by increasing demand for silk-worm cocoons 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.