Afghanistan: Raw Silk Market Overview 2020

Raw Silk Market Size in Afghanistan

The revenue of the raw silk market in Afghanistan amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, raw silk consumption continues to indicate a drastic shrinkage. The growth pace was the most rapid in 2013 when the market value decreased by -X% year-to-year. Over the period under review, the raw silk market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Raw Silk Production in Afghanistan

In value terms, raw silk production amounted to $X in 2018 estimated in export prices. Over the period under review, raw silk production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, raw silk production attained its peak level of $X; afterwards, it flattened through to 2018.

Raw Silk Exports

Exports from Afghanistan

Raw silk exports from Afghanistan amounted to X tonnes in 2018, jumping by X% against the previous year. Overall, raw silk exports continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Afghanistan exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, raw silk exports stood at $X in 2018. Overall, raw silk exports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Afghanistan exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

China dominates raw silk exports structure, accounting for X tonnes, which was approx. X% of total exports in 2018. Viet Nam (X tonnes) ranks second in terms of the total exports with a X% share, followed by Italy (X%). The following exporters - Brazil (X tonnes), Malaysia (X tonnes) and Romania (X tonnes) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to raw silk exports from China stood at -X%. At the same time, Brazil (+X%), Viet Nam (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Romania experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. Viet Nam (+X p.p.), Brazil (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the global exports, while Italy and China saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest raw silk supplier from Afghanistan, comprising X% of global exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In China, raw silk exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2018, the raw silk export price in Afghanistan amounted to $X per tonne, standing approx. at the previous year. In general, the raw silk export price continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. In that year, the export prices for raw silk attained their peak level of $X per tonne; afterwards, it flattened through to 2018.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Romania ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Raw Silk Imports

Imports into Afghanistan

In 2018, the raw silk imports into Afghanistan amounted to X kg, falling by -X% against the previous year. In general, raw silk imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, raw silk imports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, raw silk imports totaled $X in 2018. Over the period under review, raw silk imports continue to indicate a sharp drop. The growth pace was the most rapid in 2016 with a decrease of -X% y-o-y. Afghanistan imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

India was the largest importer of raw silk in the world, with the volume of imports resulting at X tonnes, which was approx. X% of total imports in 2018. Romania (X tonnes) ranks second in terms of the total imports with a X% share, followed by Italy (X%), Viet Nam (X%) and Japan (X%). South Korea (X tonnes), China (X tonnes), France (X tonnes) and Germany (X tonnes) followed a long way behind the leaders.

Imports into India decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Germany (+X%), France (+X%) and Romania (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Viet Nam (-X%), Japan (-X%), China (-X%), Italy (-X%) and South Korea (-X%) illustrated a downward trend over the same period. Romania (+X p.p.) significantly strengthened its position in terms of the global imports, while China, Japan, Viet Nam, South Korea, Italy and India saw its share reduced by -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest raw silk importing markets into Afghanistan were India ($X), Romania ($X) and Italy ($X), together comprising X% of total imports. These countries were followed by Viet Nam, Japan, France, South Korea, Germany, China and Afghanistan, which together accounted for a further X the main importing countries, Germany recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The raw silk import price in Afghanistan stood at $X per tonne in 2018, standing approx. at the previous year. Over the period under review, the raw silk import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. Afghanistan import price peaked at $X per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform