Price for Silk; Woven Fabrics of Noil Silk in Egypt - 2023
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Egypt (FOB) - 2022
- Exports of Silk; Woven Fabrics of Noil Silk in Egypt
Price for Silk; Woven Fabrics of Noil Silk in Egypt (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $48,167 per ton in 2022, reducing by -77.2% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 152%. As a result, the export price attained the peak level of $346,071 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($135,000 per ton), while the average price for exports to Turkey ($1,000 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 UK (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Silk; Woven Fabrics of Noil Silk in Egypt
In 2022, after two years of decline, there was significant decline in shipments abroad of silk; woven fabrics of noil silks, when their volume decreased by -86.4% to 6 kg. Over the period under review, exports showed a deep downturn.
In value terms, exports of silk; woven fabrics of noil silks contracted sharply to $289 in 2022. Overall, exports continue to indicate a dramatic decline.
| Export of Silk; Woven Fabrics of Noil Silk in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 904 | N/A | 4,537 | 135 | -46.9% |
| United Arab Emirates | 10.0 | N/A | 1,771 | 126 | 132.7% |
| Kuwait | 14.0 | N/A | 512 | 23.0 | 18.0% |
| Iraq | N/A | N/A | N/A | 2.0 | 0% |
| Sudan | 25.0 | N/A | 156 | 2.0 | -56.9% |
| Turkey | N/A | N/A | 2,077 | 1.0 | -100.0% |
| Others | 12.0 | N/A | 252 | N/A | 358.3% |
| Total | 965 | N/A | 9,305 | 289 | -33.1% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Egypt in 2022:
- Turkey (1.0 kg)
- Sudan (1.0 kg)
- Kuwait (1.0 kg)
- United Kingdom (1.0 kg)
- United Arab Emirates (1.0 kg)
- Iraq (1.0 kg)
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