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

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Vietnam: Silk Fabric Market Overview 2021

Silk Fabric Market Size in Vietnam

The Vietnamese silk fabric market contracted to $X in 2020, shrinking by -X% against the previous year. Over the period under review, consumption showed a deep setback. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Silk Fabric Production in Vietnam

In value terms, silk fabric production dropped to $X in 2020 estimated in export prices. Overall, production recorded a deep slump. The growth pace was the most rapid in 2009 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2010 to 2020, production growth failed to regain the momentum.

Silk Fabric Exports

Exports from Vietnam

Silk fabric exports from Viet Nam fell rapidly to X square meters in 2020, dropping by -X% against the year before. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at X square meters in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, silk fabric exports contracted sharply to $X in 2020. Over the period under review, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Japan (X square meters) was the main destination for silk fabric exports from Viet Nam, with a X% share of total exports. Moreover, silk fabric exports to Japan exceeded the volume sent to the second major destination, India (X square meters), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan totaled +X%.

In value terms, Japan ($X) remains the key foreign market for silk fabric exports from Viet Nam, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Japan stood at +X%.

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2020, remaining constant against the previous year. Over the period under review, the export price recorded a mild setback. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per square meter. From 2011 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was India ($X per square meter), while the average price for exports to Japan amounted to $X per square meter.

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

Silk Fabric Imports

Imports into Vietnam

In 2020, supplies from abroad of woven fabrics of silk or of silk waste decreased by -X% to X square meters for the first time since 2016, thus ending a three-year rising trend. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. 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 shrank remarkably to $X in 2020. In general, imports saw a deep slump. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. 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

In 2020, Japan (X square meters) constituted the largest supplier of silk fabric to Viet Nam, accounting for a X% share of total imports. Moreover, silk fabric imports from Japan exceeded the figures recorded by the second-largest supplier, China (X square meters), threefold.

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

In value terms, Japan ($X) constituted the largest supplier of silk fabric to Viet Nam, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

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

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2020, rising by X% against the previous year. Over the period under review, import price indicated a buoyant 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. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per square meter), while the price for China ($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 Japan, 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 woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric consumption in 2020 were China (444M square meters), Russia (400M square meters) and the U.S. (169M square meters), together comprising 52% of global consumption.
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 China (448M square meters), Russia (400M square meters) and the U.S. (169M square meters), with a combined 52% share of global production.
What are the leading suppliers of woven fabrics of silk or of silk waste to Vietnam?
+
In value terms, Japan ($7.9M) constituted the largest supplier of silk fabric to Viet Nam, comprising 70% of total imports. The second position in the ranking was occupied by China ($2.8M), with a 25% share of total imports.
What are the leading importers of woven fabrics of silk or of silk waste from Vietnam?
+
In value terms, Japan ($10M) remains the key foreign market for silk fabric exports from Viet Nam, comprising 81% of total exports. The second position in the ranking was occupied by India ($2.3M), with a 19% share of total exports.
What is the average export price for woven fabrics of silk or of silk waste in Vietnam?
+
The average silk fabric export price stood at $86 per square meter in 2020, approximately equating the previous year.
What is the average import price for woven fabrics of silk or of silk waste in Vietnam?
+
In 2020, the average silk fabric import price amounted to $141 per square meter, surging by 49% 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 Vietnam. 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:
• Viet Nam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• 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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