France: Silk Yarn Market 2021

Silk Yarn Market Size in France

In 2019, the French silk yarn market decreased by -X% to $X for the first time since 2015, thus ending a three-year rising trend. In general, consumption recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Silk yarn consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Silk Yarn Production in France

In value terms, silk yarn production declined to $X in 2019 estimated in export prices. Over the period under review, production recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X, and then shrank in the following year.

Silk Yarn Exports

Exports from France

In 2019, shipments abroad of silk yarn was finally on the rise to reach X tons for the first time since 2016, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2010; however, from 2011 to 2019, exports remained at a lower figure.

In value terms, silk yarn exports declined to $X in 2019. Overall, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons), India (X tons) and Tunisia (X tons) were the main destinations of silk yarn exports from France, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S., while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Spain ($X) and India ($X) were the largest markets for silk yarn exported from France worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, India recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silk yarn export price stood at $X per ton in 2019, which is down by -X% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.

Silk Yarn Imports

Imports into France

After four years of growth, purchases abroad of silk yarn decreased by -X% to X tons in 2019. In general, imports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2018, and then shrank in the following year.

In value terms, silk yarn imports dropped to $X in 2019. Overall, total imports indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018, and then reduced in the following year.

Imports by Country

In 2019, Italy (X tons) constituted the largest silk yarn supplier to France, with a X% share of total imports. Moreover, silk yarn imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Vietnam (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of silk yarn to France, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

The average silk yarn import price stood at $X per ton in 2019, rising by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The import price peaked at $X per ton in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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