Southern Asia: Silk-Worm Cocoons Market 2024

Silk-Worm Cocoons Market Size in Southern Asia

The South Asian silk-worm cocoons market totaled $X in 2022, rising by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Silk-Worm Cocoons Production in Southern Asia

In value terms, silk-worm cocoons production expanded modestly to $X in 2022 estimated in export price. Overall, production saw strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The country with the largest volume of silk-worm cocoons production was India (X tons), comprising approx. X% of total volume.

In India, silk-worm cocoons production expanded at an average annual rate of X% over the period from 2012-2022.

Silk-Worm Cocoons Exports

Exports in Southern Asia

Silk-worm cocoons exports fell markedly to X tons in 2022, with a decrease of X% on 2021. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, silk-worm cocoons exports declined notably to $X in 2022. Overall, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped significantly in the following year.

Exports by Country

Afghanistan (X tons) represented roughly X% of total exports in 2022.

Afghanistan was also the fastest-growing in terms of the silk-worm cocoons (reelable) exports, with a CAGR of X% from 2012 to 2022. Afghanistan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) also remains the largest silk-worm cocoons supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Afghanistan stood at X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, approximately reflecting the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk-worm cocoons export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to X% per year.

Silk-Worm Cocoons Imports

Imports in Southern Asia

After three years of growth, purchases abroad of silk-worm cocoons (reelable) decreased by X% to X tons in 2022. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, silk-worm cocoons imports dropped sharply to $X in 2022. Over the period under review, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

India was the largest importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Pakistan (X kg), making up an X% share of total imports. Sri Lanka (X kg) followed a long way behind the leaders.

India was also the fastest-growing in terms of the silk-worm cocoons (reelable) imports, with a CAGR of X% from 2012 to 2022. Sri Lanka experienced a relatively flat trend pattern. Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) and Sri Lanka (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Pakistan ($X) constitutes the largest market for imported silk-worm cocoons (reelable) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Pakistan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Source: IndexBox Platform

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