Price for Silk; Woven Fabrics of Noil Silk in Canada - 2024

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Canada (CIF) - 2022
  2. Price for Silk; Woven Fabrics of Noil Silk in Canada (FOB) - 2022
  3. Imports of Silk; Woven Fabrics of Noil Silk in Canada
  4. Exports of Silk; Woven Fabrics of Noil Silk in Canada

Price for Silk; Woven Fabrics of Noil Silk in Canada (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $54,891 per ton in 2022, falling by -2.9% against the previous year. Overall, the import price recorded a noticeable decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 128% against the previous year. Over the period under review, average import prices attained the peak figure at $330,697 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 United States ($128,467 per ton), while the price for India ($36,001 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk; Woven Fabrics of Noil Silk in Canada (FOB) - 2022

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $38,353 per ton, with a decrease of -25% against the previous year. Overall, the export price showed a noticeable downturn. The pace of growth was the most pronounced in 2014 an increase of 51% against the previous year. As a result, the export price attained the peak level of $72,286 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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 the United States ($87,955 per ton), while the average price for exports to Paraguay ($32,060 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 the Dominican Republic (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk; Woven Fabrics of Noil Silk in Canada

In 2022, after two years of decline, there was significant growth in purchases abroad of silk; woven fabrics of noil silks, when their volume increased by 106% to 3.1 tons. In general, imports, however, saw a mild setback.

In value terms, imports of silk; woven fabrics of noil silks soared to $168K in 2022. Over the period under review, imports showed slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India30.612.15.770.732.2%
Italy47.16.114.663.910.7%
China60.334.624.215.2-36.8%
South Korea14.85.27.710.3-11.4%
United KingdomN/A0.2N/A4.3363.7%
United States3.118.112.83.98.0%
Others3.24.119.20.1-68.5%
Total15980.484.21681.9%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Canada in 2022:

  1. India (1964.0 kg)
  2. Italy (561.0 kg)
  3. China (411.0 kg)
  4. United Kingdom (58.0 kg)
  5. South Korea (39.0 kg)
  6. United States (30.0 kg)

Exports of Silk; Woven Fabrics of Noil Silk in Canada

In 2022, approx. 2 tons of silk; woven fabrics of noil silks were exported from Canada; rising by 825% against 2021 figures. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silk; woven fabrics of noil silks surged to $76K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silk; Woven Fabrics of Noil Silk in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/A31.50%
Paraguay4.98.0N/A26.475.3%
United States13.52.92.511.8-4.4%
Dominican RepublicN/AN/A4.33.4-20.9%
Guatemala0.20.42.01.281.7%
Ecuador0.825.2N/AN/A3050.0%
Taiwan (Chinese)6.7N/AN/AN/A0%
IsraelN/A9.2N/AN/A0%
Others0.33.92.01.363.0%
Total26.649.610.975.641.6%

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Canada in 2022:

  1. Cote d'Ivoire (863.0 kg)
  2. Paraguay (823.0 kg)
  3. United States (134.0 kg)
  4. Dominican Republic (88.0 kg)
  5. Guatemala (30.0 kg)

Source: IndexBox Market Intelligence Platform

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