Latest Report Update: May 23, 2021

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

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Global Raw Silk Market Overview 2021

Raw Silk Market Size

The global raw silk market rose markedly to $X in 2020, picking up by X% against the previous year. Overall, the total consumption indicated a prominent increase from 2007 to 2020: its value 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, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the global market attained the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Raw Silk Production

In value terms, raw silk production expanded modestly to $X in 2020 estimated in export prices. In general, production posted a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, global production attained the peak level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

China (X tonnes) remains the largest raw silk producing country worldwide, comprising approx. X% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), ninefold.

In China, raw silk production remained relatively stable over the period from 2007-2020.

Production By Country

The country with the largest volume of raw silk production was China (X tonnes), comprising approx. X% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), ninefold.

From 2007 to 2020, the average annual rate of growth in terms of volume in China was relatively modest.

Raw Silk Exports

Exports

In 2020, the amount of raw silk exported worldwide contracted notably to X tonnes, declining by -X% compared with the previous year. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, global exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, raw silk exports shrank dramatically to $X in 2020. Overall, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Global exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

China represented the major exporting country with an export of around X tonnes, which resulted at X% of total exports. Uzbekistan (X tonnes) ranks second in terms of the total exports with a X% share, followed by Viet Nam (X%) and Italy (X%). The following exporters - Brazil (X tonnes), Germany (X tonnes) and Malaysia (X tonnes) - each resulted at a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to raw silk exports from China stood at -X%. At the same time, Viet Nam (+X%), Malaysia (+X%), Uzbekistan (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, Italy (-X%) and Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Uzbekistan, Viet Nam, Italy and Malaysia increased by +X%, +X%, +X% and +X% percentage points, while Brazil (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest raw silk supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value in China amounted to -X%. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Italy (-X% per year).

Export Prices by Country

In 2020, the average raw silk export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price, however, enjoyed a perceptible increase. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Global export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Raw Silk Imports

Imports

In 2020, global imports of raw silk contracted notably to X tonnes, waning by -X% compared with 2019 figures. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, raw silk imports fell markedly to $X in 2020. Overall, imports saw a perceptible descent. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Global imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

India was the main importing country with an import of about X tonnes, which accounted for X% of total imports. Romania (X tonnes) occupied the second position in the ranking, distantly followed by Italy (X tonnes) and Viet Nam (X tonnes). All these countries together held near X% share of total imports. Iran (X tonnes), Malaysia (X tonnes), Japan (X tonnes), Germany (X tonnes), China (X tonnes), Belgium (X tonnes) and South Korea (X tonnes) took a minor share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Malaysia, while imports for the other global leaders experienced more modest paces of growth.

In value terms, India ($X), Romania ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2020, together accounting for X% of global imports. These countries were followed by Viet Nam, Malaysia, Japan, Germany, Iran, South Korea, China and Belgium, which together accounted for a further X the main importing countries, Malaysia (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average raw silk import price amounted to $X per tonne, flattening at the previous year. Overall, import price indicated prominent growth 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 pace of growth appeared the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI 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?
+
The country with the largest volume of raw silk production was China (279K tonnes), 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 exporters of raw silk in the world?
+
In value terms, China ($122M) remains the largest raw silk supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Viet Nam ($40M), with a 18% share of global exports. It was followed by Italy, with a 9% share.
What are the leading importers of raw silk in the world?
+
In value terms, India ($85M), Romania ($55M) and Italy ($32M) appeared to be the countries with the highest levels of imports in 2020, with a combined 70% share of global imports. These countries were followed by Viet Nam, Malaysia, Japan, Germany, Iran, South Korea, China and Belgium, which together accounted for a further 21%.
What is the average export price for raw silk in the world?
+
In 2020, the average raw silk export price amounted to $41,408 per tonne, waning by -22.3% against the previous year.
What is the average import price for raw silk in the world?
+
In 2020, the average raw silk import price amounted to $48,230 per tonne, almost unchanged from the previous year.

Product coverage:
• FCL 1186 - Silk, Raw

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



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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