Latest Report Update: May 23, 2021

China - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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China: Raw Silk Market Overview 2021

Raw Silk Market Size in China

The Chinese raw silk market expanded sharply to $X in 2020, growing by X% against the previous year. Over the period under review, consumption saw a strong increase. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Raw Silk Production in China

In value terms, raw silk production rose remarkably to $X in 2020 estimated in export prices. In general, production saw a prominent expansion. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

The average yield of raw silk in China was estimated at X kg per ha in 2020, remaining constant against the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the raw silk harvested area in China was estimated at X ha, therefore, remained relatively stable against 2019. In general, the harvested area continues to indicate a relatively flat trend pattern.

Raw Silk Exports

Exports from China

In 2020, overseas shipments of raw silk decreased by -X% to X tonnes, falling for the fourth consecutive year after two years of growth. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, raw silk exports reduced rapidly to $X in 2020. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

India (X tonnes), Romania (X tonnes) and Italy (X tonnes) were the main destinations of raw silk exports from China, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania, while exports for the other leaders experienced a decline.

In value terms, the largest markets for raw silk exported from China were India ($X), Romania ($X) and Italy ($X), together comprising X% of total exports.

Romania saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average raw silk export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Japan ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced more modest paces of growth.

Raw Silk Imports

Imports into China

After four years of growth, purchases abroad of raw silk decreased by -X% to X tonnes in 2020. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at X tonnes in 2019, and then fell markedly in the following year.

In value terms, raw silk imports fell sharply to $X in 2020. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2019, and then reduced rapidly in the following year.

Imports by Country

Uzbekistan (X tonnes), Viet Nam (X tonnes) and Kyrgyzstan (X tonnes) were the main suppliers of raw silk imports to China, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Viet Nam, while purchases for the other leaders experienced a decline.

In value terms, the largest raw silk suppliers to China were Uzbekistan ($X), Viet Nam ($X) and Kyrgyzstan ($X), together accounting for X% of total imports.

Viet Nam saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average raw silk import price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, import price indicated perceptible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, raw silk import price increased by +X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Viet Nam ($X per tonne), while the price for Kyrgyzstan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw silk in the world?
+
China (276K tonnes) constituted the country with the largest volume of raw silk consumption, accounting for 87% of total volume. Moreover, raw silk consumption in China exceeded the figures recorded by the second-largest consumer, India (35K tonnes), eightfold.
What are the largest producers of raw silk in the world?
+
The country with the largest volume of raw silk production was China (279K tonnes), accounting for 87% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India (33K tonnes), ninefold.
What are the leading suppliers of raw silk to China?
+
In value terms, the largest raw silk suppliers to China were Uzbekistan ($549K), Viet Nam ($531K) and Kyrgyzstan ($110K), with a combined 100% share of total imports.
What are the leading importers of raw silk from China?
+
In value terms, India ($43M), Romania ($35M) and Italy ($12M) appeared to be the largest markets for raw silk exported from China worldwide, with a combined 74% share of total exports.
What is the average export price for raw silk in China?
+
In 2020, the average raw silk export price amounted to $48,916 per tonne, which is down by -8% against the previous year.
What is the average import price for raw silk in China?
+
In 2020, the average raw silk import price amounted to $12,682 per tonne, jumping by 78% against the previous year.

Product coverage:
• FCL 1186 - Silk, Raw

This report provides an in-depth analysis of the raw silk market in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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