Latest Report Update: May 16, 2021

U.S. - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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U.S.: Silk Fabric Market Overview 2021

Silk Fabric Market Size in the U.S.

The U.S. silk fabric market reduced to $X in 2020, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Silk Fabric Production in the U.S.

In value terms, silk fabric production fell to $X in 2020. In general, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2019 to 2020, production growth remained at a somewhat lower figure.

Silk Fabric Exports

Exports from the U.S.

In 2020, the amount of woven fabrics of silk or of silk waste exported from the U.S. contracted to X square meters, falling by -X% against the year before. Overall, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. As a result, exports attained the peak of X square meters. From 2010 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, silk fabric exports fell dramatically to $X in 2020. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

Exports by Country

Trinidad and Tobago (X square meters) was the main destination for silk fabric exports from the U.S., accounting for a X% share of total exports. Moreover, silk fabric exports to Trinidad and Tobago exceeded the volume sent to the second major destination, Canada (X square meters), fourfold. The third position in this ranking was occupied by Jamaica (X square meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Trinidad and Tobago stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Jamaica (+X% per year).

In value terms, Canada ($X), Italy ($X) and South Korea ($X) were the largest markets for silk fabric exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Mexico, Trinidad and Tobago, China, Australia, India and Jamaica, which together accounted for a further X the main countries of destination, Trinidad and Tobago saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2020, waning by -X% against the previous year. Overall, export price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per square meter in 2019, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per square meter), while the average price for exports to Jamaica ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Silk Fabric Imports

Imports into the U.S.

For the tenth consecutive year, the U.S. recorded decline in purchases abroad of woven fabrics of silk or of silk waste, which decreased by -X% to X square meters in 2020. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X square meters in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, silk fabric imports contracted dramatically to $X in 2020. In general, imports faced a drastic downturn. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

China (X square meters), South Korea (X square meters) and India (X square meters) were the main suppliers of silk fabric imports to the U.S., with a combined X% share of total imports. Italy, Japan, France and the UK lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Japan, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest silk fabric suppliers to the U.S. were China ($X), South Korea ($X) and India ($X), together accounting for X% of total imports. These countries were followed by Italy, Japan, France and the UK, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2020, shrinking by -X% against the previous year. Overall, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, silk fabric import price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per square meter in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric consumption in 2020 were Russia (400M square meters), China (259M square meters) and the U.S. (141M square meters), together comprising 51% of global consumption. India, Belarus, Pakistan, Ethiopia, Indonesia, Nigeria, South Korea and Canada lagged somewhat behind, together comprising a further 27%.
What are the largest producers of woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric production in 2020 were Russia (400M square meters), China (262M square meters) and the U.S. (141M square meters), together accounting for 53% of global production.
What are the leading suppliers of woven fabrics of silk or of silk waste to the U.S.?
+
In value terms, China ($16M), South Korea ($8.5M) and India ($8.3M) were the largest silk fabric suppliers to the U.S., together accounting for 75% of total imports. Italy, Japan, France and the UK lagged somewhat behind, together accounting for a further 22%.
What are the leading importers of woven fabrics of silk or of silk waste from the U.S.?
+
In value terms, Canada ($554K), Italy ($376K) and South Korea ($263K) constituted the largest markets for silk fabric exported from the U.S. worldwide, with a combined 37% share of total exports. These countries were followed by Mexico, Trinidad and Tobago, China, Australia, India and Jamaica, which together accounted for a further 27%.
What is the average export price for woven fabrics of silk or of silk waste in the U.S.?
+
In 2020, the average silk fabric export price amounted to $71 per square meter, waning by -29.1% against the previous year.
What is the average import price for woven fabrics of silk or of silk waste in the U.S.?
+
The average silk fabric import price stood at $109 per square meter in 2020, falling by -19.8% against the previous year.

Product coverage:
• Prodcom 13201100 - Woven fabrics of silk or silk waste

This report provides an in-depth analysis of the silk fabric market in the U.S.. 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:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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