Spain: Silk Fabric Market 2024

Silk Fabric Market Size in Spain

In 2022, after two years of decline, there was growth in the Spanish silk fabric market, when its value increased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Silk Fabric Production in Spain

In value terms, silk fabric production fell modestly to $X in 2022 estimated in export price. In general, the total production indicated a prominent 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Silk fabric production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Silk Fabric Exports

Exports from Spain

After two years of growth, shipments abroad of woven fabrics of silk or of silk waste decreased by X% to X square meters in 2022. In general, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk fabric exports soared to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Morocco (X square meters) was the main destination for silk fabric exports from Spain, with a X% share of total exports. Moreover, silk fabric exports to Morocco exceeded the volume sent to the second major destination, Portugal (X square meters), threefold. Guinea-Bissau (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Guinea-Bissau (X% per year).

In value terms, Morocco ($X) remains the key foreign market for woven fabrics of silk or of silk waste exports from Spain, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Morocco totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Portugal (X% per year).

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2022, growing by X% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Guinea-Bissau ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Silk Fabric Imports

Imports into Spain

In 2022, purchases abroad of woven fabrics of silk or of silk waste increased by X% to X square meters, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a abrupt descent. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, silk fabric imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X square meters) constituted the largest supplier of silk fabric to Spain, with a X% share of total imports. Moreover, silk fabric imports from Italy exceeded the figures recorded by the second-largest supplier, China (X square meters), threefold. Portugal (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Portugal (X% per year).

In value terms, Italy ($X) constituted the largest supplier of woven fabrics of silk or of silk waste to Spain, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average silk fabric import price amounted to $X per square meter, approximately mirroring the previous year. Over the period under review, the import price recorded modest growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Portugal ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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