Germany: Silk Fabric Market 2024

Silk Fabric Market Size in Germany

In 2022, the German silk fabric market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, faced a abrupt slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Silk Fabric Production in Germany

In value terms, silk fabric production declined modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decline. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Silk fabric production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Silk Fabric Exports

Exports from Germany

In 2022, shipments abroad of woven fabrics of silk or of silk waste was finally on the rise to reach X square meters after nine years of decline. Overall, exports, however, showed a drastic downturn. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk fabric exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X square meters), Vietnam (X square meters) and Romania (X square meters) were the main destinations of silk fabric exports from Germany, together accounting for X% of total exports. Switzerland, Poland, Austria, Hungary, the Czech Republic, Tunisia, France, Italy, the UK and Bulgaria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Romania ($X), Turkey ($X) and Switzerland ($X) appeared to be the largest markets for silk fabric exported from Germany worldwide, with a combined X% share of total exports. Vietnam, Poland, Hungary, Austria, France, the Czech Republic, Tunisia, Italy, the UK and Bulgaria lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2022, declining by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per square meter), while the average price for exports to Vietnam ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Fabric Imports

Imports into Germany

In 2022, overseas purchases of woven fabrics of silk or of silk waste increased by X% to X square meters for the first time since 2012, thus ending a nine-year declining trend. In general, imports, however, continue to indicate a abrupt contraction. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, silk fabric imports soared to $X in 2022. Overall, imports, however, faced a abrupt decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters), Italy (X square meters) and India (X square meters) were the main suppliers of silk fabric imports to Germany, with a combined X% share of total imports. Switzerland, Chile, the UK, Austria and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), China ($X) and India ($X) were the largest silk fabric suppliers to Germany, with a combined X% share of total imports. Switzerland, the UK, Chile, Austria and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Chile, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per square meter), while the price for Chile ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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