Puerto Rico: Silk Fabric Market 2022

Silk Fabric Market Size in Puerto Rico

The Puerto Rican silk fabric market amounted to less than $X in 2020, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern.

Silk Fabric Exports

Exports by Country

In 2021, China (X square meters) and India (X square meters) were the key exporters of woven fabrics of silk or of silk wastein the world, together generating X% of total exports. Italy (X square meters) occupied a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%). Japan (X square meters), Turkey (X square meters), the United States (X square meters) and Vietnam (X square meters) took a minor share of total exports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest silk fabric supplier from Puerto Rico, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with an X% share of global exports. It was followed by India, with an X% share.

In China, silk fabric exports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-X% per year) and India (-X% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand square meters, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per thousand square meters), while Turkey ($X per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other leaders experienced mixed trends in the export price figures.

Silk Fabric Imports

Imports by Country

The countries with the highest levels of silk fabric imports in 2021 were Italy (X square meters), France (X square meters), the United States (X square meters), Romania (X square meters), the UK (X square meters), Japan (X square meters), Hong Kong SAR (X square meters), Madagascar (X square meters), Vietnam (X square meters), Kyrgyzstan (X square meters), South Korea (X square meters) and the United Arab Emirates (X square meters), together amounting to X% of total import. Sri Lanka (X square meters) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kyrgyzstan (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest silk fabric importing markets into Puerto Rico were Italy ($X), France ($X) and the United States ($X), with a combined X% share of total imports. Japan, Vietnam, Hong Kong SAR, South Korea, the United Arab Emirates, Sri Lanka, the UK, Madagascar, Romania and Kyrgyzstan lagged somewhat behind, together comprising a further X the main importing countries, Kyrgyzstan, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand square meters, flattening at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sri Lanka ($X per thousand square meters), while Romania ($X per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform