Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France - 2023

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France (CIF) - 2022
2. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France (FOB) - 2022
3. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France
4. Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France (CIF) - 2022

In 2022, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $15,932 per ton, surging by 9.4% against the previous year. Over the period under review, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 171%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($34,333 per ton), while the price for Germany ($4,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France (FOB) - 2022

In 2022, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $27,721 per ton, picking up by 81% against the previous year. Overall, the export price posted a significant expansion. The growth pace was the most rapid in 2021 an increase of 355%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($44,474 per ton), while the average price for exports to Romania ($4,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+261.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France

In 2022, approx. 57 tons of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s were imported into France; with a decrease of -26.4% compared with the year before. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 223%. As a result, imports reached the peak of 78 tons, and then declined markedly in the following year.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s shrank markedly to $915K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 776% against the previous year. As a result, imports attained the peak of $1.1M, and then fell remarkably in the following year.

Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to France in 2022:

1. China (26.7 tons)
2. Germany (19.5 tons)
3. Italy (4.8 tons)
4. Austria (3.2 tons)
5. Belgium (3.2 tons)

Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in France

After three years of growth, shipments abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -65% to 23 tons in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,256% against the previous year. As a result, the exports reached the peak of 65 tons, and then reduced dramatically in the following year.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s fell rapidly to $630K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 6,067%. As a result, the exports attained the peak of $995K, and then shrank rapidly in the following year.

Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from France in 2022:

1. Germany (12.2 tons)
2. Italy (9.1 tons)
3. Netherlands (0.8 tons)

Source: IndexBox Market Intelligence Platform