Price for Silk; Woven Fabrics of Noil Silk in the UK - 2024
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in the UK (FOB) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in the UK (CIF) - 2022
- Exports of Silk; Woven Fabrics of Noil Silk in the UK
- Imports of Silk; Woven Fabrics of Noil Silk in the UK
Price for Silk; Woven Fabrics of Noil Silk in the UK (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $19,101 per ton in 2022, reducing by -56.8% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 33% against the previous year. The export price peaked at $64,760 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($217,471 per ton), while the average price for exports to Gambia ($303 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 Thailand (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in the UK (CIF) - 2022
In 2022, the average import price for silk; woven fabrics of noil silks amounted to $37,010 per ton, approximately equating the previous year. Overall, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25%. The import price peaked at $56,235 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($171,677 per ton), while the price for Turkey ($23,588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+29.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Silk; Woven Fabrics of Noil Silk in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of silk; woven fabrics of noil silks, when their volume increased by 236% to 83 tons. In general, exports enjoyed a strong 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 soared to $1.6M in 2022. Overall, exports, however, recorded a dramatic contraction.
| Export of Silk; Woven Fabrics of Noil Silk in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 484 | 141 | 73.6 | 439 | -3.2% |
| Ireland | 23.6 | 13.9 | 45.4 | 293 | 131.6% |
| United States | 227 | 62.4 | 218 | 215 | -1.8% |
| Vietnam | 5.8 | N/A | 6.3 | 122 | 176.0% |
| France | 384 | 433 | 55.6 | 68.9 | -43.6% |
| Germany | 49.2 | 45.9 | 49.3 | 67.8 | 11.3% |
| Italy | 410 | 232 | 114 | 59.0 | -47.6% |
| Israel | 4.7 | 32.9 | 46.4 | 49.3 | 118.9% |
| Mauritius | N/A | N/A | N/A | 15.4 | 0% |
| China | 3.3 | 31.4 | 29.3 | 14.2 | 62.7% |
| Gambia | N/A | 1.3 | N/A | 10.4 | 182.8% |
| India | 510 | 16.5 | 1.3 | 3.3 | -81.4% |
| Saudi Arabia | 799 | 2.6 | 23.4 | N/A | -82.9% |
| Others | 1,001 | 326 | 438 | 236 | -38.2% |
| Total | 3,901 | 1,340 | 1,099 | 1,594 | -25.8% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from the UK in 2022:
- Gambia (34.3 tons)
- Ireland (12.4 tons)
- Japan (11.4 tons)
- Vietnam (8.1 tons)
- United States (3.6 tons)
- Italy (2.4 tons)
- Mauritius (2.1 tons)
- Israel (2.1 tons)
- France (1.4 tons)
- Germany (1.0 tons)
- China (0.5 tons)
Imports of Silk; Woven Fabrics of Noil Silk in the UK
Imports of silk; woven fabrics of noil silks into the UK shrank remarkably to 33 tons in 2022, which is down by -29.2% compared with the previous year's figure. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 91%.
In value terms, imports of silk; woven fabrics of noil silks declined notably to $1.2M in 2022. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 73%.
| Import of Silk; Woven Fabrics of Noil Silk in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,068 | 358 | 494 | 371 | -29.7% |
| China | 289 | 414 | 1,065 | 325 | 4.0% |
| Italy | 24.0 | 28.6 | 52.5 | 272 | 124.6% |
| United States | 92.1 | 8.1 | 15.4 | 118 | 8.6% |
| Turkey | 85.5 | 6.3 | 1.5 | 1.6 | -73.5% |
| Egypt | 75.5 | 15.1 | N/A | N/A | -80.0% |
| Others | 258 | 173 | 103 | 126 | -21.3% |
| Total | 1,892 | 1,003 | 1,732 | 1,214 | -13.7% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to the UK in 2022:
- India (15.3 tons)
- China (10.8 tons)
- United States (3.6 tons)
- Italy (1.6 tons)
- Turkey (0.1 tons)
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