Report Update Apr 1, 2024

Sri Lanka - Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Spun Yarn Market 2021

Spun Yarn Market Size in Sri Lanka

In 2019, the Sri Lankan spun yarn market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Spun Yarn Production in Sri Lanka

In value terms, spun yarn production expanded modestly to $X in 2019 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Spun yarn production peaked at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Spun Yarn Exports

Exports from Sri Lanka

In 2019, approx. X kg of yarn spun from silk waste were exported from Sri Lanka; remaining relatively unchanged against 2018. Overall, exports continue to indicate a relatively flat trend pattern. As a result, exports attained the peak of X tons. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, spun yarn exports totaled $X in 2019. In general, exports recorded a relatively flat trend pattern. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Japan (X tons) was the main destination for spun yarn exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2007 to 2008, the average annual rate of growth in terms of volume to Japan was relatively modest.

From 2007 to 2008, the average annual rate of growth in terms of value to Japan was relatively modest.

Export Prices by Country

The average spun yarn export price stood at $X per ton in 2008, approximately equating the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2008, the rate of growth in terms of prices for Japan amounted to X% per year.

Spun Yarn Imports

Imports into Sri Lanka

In 2019, supplies from abroad of yarn spun from silk waste increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, spun yarn imports soared to $X in 2019. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, China (X tons) was the main spun yarn supplier to Sri Lanka, accounting for a X% share of total imports. Moreover, spun yarn imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of spun yarn to Sri Lanka, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China stood at +X%.

Import Prices by Country

The average spun yarn import price stood at $X per ton in 2019, which is down by -X% against the previous year. In general, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while the price for India stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

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Frequently Asked Questions (FAQ) :

What are the largest markets for yarn spun from silk waste in the world?

China constituted the country with the largest volume of spun yarn consumption, accounting for 72% of total volume. Moreover, spun yarn consumption in China exceeded the figures recorded by the second-largest consumer, Italy, tenfold. Japan ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of yarn spun from silk waste in the world?

The country with the largest volume of spun yarn production was China, comprising approx. 92% of total volume. Moreover, spun yarn production in China exceeded the figures recorded by the second-largest producer, Thailand, more than tenfold.

What are the leading suppliers of yarn spun from silk waste to Sri Lanka?

In value terms, China constituted the largest supplier of spun yarn to Sri Lanka, comprising 98% of total imports. The second position in the ranking was occupied by India, with a 1.6% share of total imports.

What is the average export price for yarn spun from silk waste in Sri Lanka?

In 2008, the average spun yarn export price amounted to $125 per ton, approximately equating the previous year.

What is the average import price for yarn spun from silk waste in Sri Lanka?

In 2019, the average spun yarn import price amounted to $34,930 per ton, which is down by -4.7% against the previous year.

This report provides an in-depth analysis of the spun yarn market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023