Indonesia: Raw Silk Market Overview 2020

Raw Silk Market Size in Indonesia

The revenue of the raw silk market in Indonesia amounted to $X in 2017, surging by X% against the previous year. Overall, raw silk consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the raw silk market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Raw Silk Production in Indonesia

In 2017, approx. X tonnes of raw silk were produced in Indonesia; standing approx. at the previous year. In general, raw silk production continues to indicate a relatively flat trend pattern. The raw silk production peaked of X tonnes in 2007; afterwards, it flattened through to 2017.

Raw Silk Exports from Indonesia

In 2017, approx. X tonnes of raw silk were exported from Indonesia; coming down by -X% against the previous year. In general, raw silk exports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The exports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, raw silk exports stood at $X in 2017. Overall, raw silk exports continue to indicate a skyrocketing expansion. The exports peaked in 2017, and are likely to see steady growth in the immediate term.

Raw Silk Exports by Country from Indonesia

India (X tonnes) was the main destination of raw silk exports from Indonesia, accounting for approx. X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to India stood at +X%.

In value terms, India ($X) also remains the key foreign market for raw silk exports from Indonesia.

From 2007 to 2017, the average annual rate of growth in terms of value to India amounted to +X%.

Raw Silk Export Prices by Country in Indonesia

The average raw silk export price stood at $X per kg in 2017, rising by X% against the previous year. Overall, the export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the raw silk export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2015, when it surged by X% year-to-year. Over the period under review, the average export prices for raw silk attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to India (+X% per year).

Raw Silk Imports into Indonesia

In 2017, approx. X kg of raw silk were imported into Indonesia; lowering by -X% against the previous year. In general, raw silk imports continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2014, when imports increased by X% against the previous year. In that year, the raw silk imports attained their peak volume of X kg. From 2015 to 2017, growth of the raw silk imports stood at a somewhat lower level.

In value terms, raw silk imports stood at $X in 2017. Overall, raw silk imports continue to indicate a drastic decline. Over the period under review, the raw silk imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Raw Silk Imports by Country into Indonesia

In 2017, Taiwan, Chinese (X tonnes) was the main supplier of raw silk to Indonesia, with a X% share of total imports. Moreover, raw silk imports from Taiwan, Chinese exceeded the figures recorded by the second largest supplier, India (X tonnes), threefold. The third position in this ranking was occupied by Singapore (X kg), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Taiwan, Chinese amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Singapore (-X% per year).

In value terms, Taiwan, Chinese ($X) constituted the largest supplier of raw silk to Indonesia, making up X% of total raw silk imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from Taiwan, Chinese amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and China (+X% per year).

Raw Silk Import Prices by Country in Indonesia

The average raw silk import price stood at $X per kg in 2017, increasing by X% against the previous year. Overall, raw silk import price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. Over the period under review, the average import prices for raw silk attained its peak figure level of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per tonne), while prices for raw silk imports from Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform