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

Contents:

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

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

In 2022, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $11,871 per ton, with a decrease of -37.7% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2020 an increase of 160% against the previous year. As a result, import price reached the peak level of $30,433 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -2.9% per year.

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

For the third year in a row, Kuwait recorded decline in supplies from abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s, which decreased by -27.9% to 31 kg in 2022. In general, imports recorded a sharp curtailment.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s fell notably to $368 in 2022. Overall, imports faced a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 69%. As a result, imports attained the peak of $1.8K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,078496819368-30.1%
ChinaN/A1,330N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,0781,826819368-30.1%

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

  1. India (31.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - Kuwait