Latest Report Update: May 23, 2021

Turkey - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Turkey: Raw Silk Market Overview 2021

Raw Silk Market Size in Turkey

In 2020, the Turkish raw silk market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, consumption continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Raw silk consumption peaked at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Raw Silk Production in Turkey

In value terms, raw silk production dropped remarkably to $X in 2020 estimated in export prices. Overall, production recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

In 2020, the average raw silk yield in Turkey totaled X kg per ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield showed 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.

The raw silk harvested area in Turkey amounted to X ha in 2020, leveling off at 2019 figures. Overall, the harvested area saw a relatively flat trend pattern.

Raw Silk Exports

Exports from Turkey

In 2020, exports of raw silk from Turkey skyrocketed to X kg, increasing by X% on the previous year. Over the period under review, exports showed a pronounced increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, raw silk exports soared to $X in 2020. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in the near future.

Exports by Country

Canada (X kg) and Italy (X kg) were the main destinations of raw silk exports from Turkey.

From 2007 to 2020, the biggest increases were in Italy.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy amounted to +X%.

Export Prices by Country

In 2020, the average raw silk export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2013 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to Canada totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy.

Raw Silk Imports

Imports into Turkey

In 2020, after two years of growth, there was significant decline in purchases abroad of raw silk, when their volume decreased by -X% to X tonnes. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, raw silk imports shrank to $X in 2020. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest raw silk supplier to Turkey, with a X% share of total imports. Moreover, raw silk imports from China exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tonnes), twofold. Brazil (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (-X% per year) and Brazil (-X% per year).

In value terms, China ($X) constituted the largest supplier of raw silk to Turkey, comprising X% of total imports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (-X% per year) and Brazil (-X% per year).

Import Prices by Country

The average raw silk import price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, import price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, raw silk import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Brazil ($X per tonne), while the price for Azerbaijan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw silk in the world?
+
China (276K tonnes) constituted the country with the largest volume of raw silk consumption, accounting for 87% of total volume. Moreover, raw silk consumption in China exceeded the figures recorded by the second-largest consumer, India (35K tonnes), eightfold.
What are the largest producers of raw silk in the world?
+
China (279K tonnes) constituted the country with the largest volume of raw silk production, accounting for 87% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India (33K tonnes), ninefold.
What are the leading suppliers of raw silk to Turkey?
+
In value terms, China ($681K) constituted the largest supplier of raw silk to Turkey, comprising 53% of total imports. The second position in the ranking was occupied by Uzbekistan ($248K), with a 19% share of total imports. It was followed by Brazil, with a 17% share.
What is the average export price for raw silk in Turkey?
+
In 2020, the average raw silk export price amounted to $25,778 per tonne, dropping by -13.7% against the previous year.
What is the average import price for raw silk in Turkey?
+
In 2020, the average raw silk import price amounted to $45,096 per tonne, increasing by 3.1% against the previous year.

Product coverage:
• FCL 1186 - Silk, Raw

This report provides an in-depth analysis of the raw silk market in Turkey. 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.


Country coverage:
• Turkey

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Turkey
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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