Poland: Silk Yarn Market 2024

Silk Yarn Market Size in Poland

The Polish silk yarn market declined slightly to $X in 2023, dropping by X% against the previous year. Overall, consumption, however, recorded a abrupt downturn. Silk yarn consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Silk Yarn Production in Poland

In value terms, silk yarn production dropped slightly to $X in 2023 estimated in export price. In general, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Silk yarn production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Silk Yarn Exports

Exports from Poland

In 2023, the amount of silk yarn and yarn spun from silk waste exported from Poland surged to X tons, picking up by X% compared with 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, silk yarn exports soared to $X in 2023. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for silk yarn exports from Poland, with a X% share of total exports. Moreover, silk yarn exports to the Netherlands exceeded the volume sent to the second major destination, Latvia (X tons), fourfold. The third position in this ranking was taken by Kyrgyzstan (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Kyrgyzstan (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for silk yarn and yarn spun from silk waste exports from Poland, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2023, the average silk yarn export price amounted to $X per ton, declining by X% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Silk Yarn Imports

Imports into Poland

In 2023, approx. X tons of silk yarn and yarn spun from silk waste were imported into Poland; with an increase of X% compared with the previous year. Over the period under review, imports continue to indicate a prominent expansion. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, silk yarn imports contracted modestly to $X in 2023. Overall, imports, however, recorded a noticeable descent. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X kg), India (X kg) and China (X kg) were the main suppliers of silk yarn imports to Poland, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Switzerland ($X), the Czech Republic ($X) and Japan ($X) were the largest silk yarn suppliers to Poland, together accounting for X% of total imports.

The Czech Republic, with a CAGR of X.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silk yarn import price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price faced a deep contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform