Saudi Arabia: Silk-Worm Cocoons Market 2022

Silk-Worm Cocoons Market Size in Saudi Arabia

The Saudi silk-worm cocoons market contracted notably to $X in 2021, dropping by -X% against the previous year. Over the period under review, consumption, however, recorded strong growth. Silk-worm cocoons consumption peaked at $X in 2020, and then fell sharply in the following year.

Silk-Worm Cocoons Production in Saudi Arabia

In value terms, silk-worm cocoons production shrank remarkably to $X in 2021 estimated in export prices. Overall, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2020, and then fell sharply in the following year.

In 2021, the average yield of silk-worm cocoons (reelable) in Saudi Arabia amounted to less than X kg per ha, remaining relatively unchanged against the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of silk-worm cocoons (reelable) production in Saudi Arabia totaled less than X ha, standing approx. at the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Silk-Worm Cocoons Exports

Exports from Saudi Arabia

In 2021, silk-worm cocoons exports from Saudi Arabia totaled less than X kg, remaining constant against the previous year. In general, exports enjoyed a significant increase. The exports peaked at X kg in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, silk-worm cocoons exports totaled $less than X in 2021. Over the period under review, exports recorded a significant expansion. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait (X kg) was the main destination for silk-worm cocoons exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Kuwait was relatively modest.

From 2012 to 2017, the average annual rate of growth in terms of value to Kuwait was relatively modest.

Export Prices by Country

The average silk-worm cocoons export price stood at $X per tonne in 2017, flattening at the previous year. In general, the export price continues to indicate a sharp shrinkage. The export price peaked at $X per tonne in 2014; however, from 2015 to 2017, the export prices failed to regain momentum.

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

From 2012 to 2017, the rate of growth in terms of prices for Kuwait amounted to X% per year.

Silk-Worm Cocoons Imports

Imports into Saudi Arabia

In 2021, overseas purchases of silk-worm cocoons (reelable) decreased by X% to less than X kg, falling for the second year in a row after eight years of growth. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2020 to 2021, the growth imports failed to regain momentum.

In value terms, silk-worm cocoons imports amounted to $less than X in 2021. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2020 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the United Arab Emirates (X tonnes) was the main supplier of silk-worm cocoons to Saudi Arabia, accounting for a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of silk-worm cocoons to Saudi Arabia.

From 2012 to 2019, the average annual growth rate of value from the United Arab Emirates stood at +X%.

Import Prices by Country

In 2019, the average silk-worm cocoons import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Source: IndexBox Platform