Germany: Silk Yarn Market 2021

Silk Yarn Market Size in Germany

In 2019, the German silk yarn market increased by X% to $X, rising for the third year in a row after five years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.

Silk Yarn Production in Germany

In value terms, silk yarn production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Silk yarn production peaked at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Silk Yarn Exports

Exports from Germany

After two years of growth, overseas shipments of silk yarn decreased by -X% to X tons in 2019. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Exports peaked at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, silk yarn exports shrank slightly to $X in 2019. Over the period under review, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for silk yarn exports from Germany, accounting for a X% share of total exports. Moreover, silk yarn exports to Italy exceeded the volume sent to the second major destination, France (X tons), tenfold.

From 2007 to 2019, the average annual growth rate of volume to Italy totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Tunisia (+X% per year).

In value terms, Italy ($X) remains the key foreign market for silk yarn exports from Germany, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Italy totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Tunisia (+X% per year).

Export Prices by Country

In 2019, the average silk yarn export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. 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 reached the peak figure in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Tunisia ($X per ton), while the average price for exports to Italy ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Silk Yarn Imports

Imports into Germany

After two years of growth, purchases abroad of silk yarn decreased by -X% to X tons in 2019. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X tons. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, silk yarn imports reduced modestly to $X in 2019. Over the period under review, imports saw a mild setback. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, China (X tons) was the main silk yarn supplier to Germany, with a X% share of total imports. Moreover, silk yarn imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Switzerland (+X% per year).

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

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

Import Prices by Country

In 2019, the average silk yarn import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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