Price for Silk; Woven Fabrics of Noil Silk in Uruguay - 2023

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Uruguay (CIF) - 2022
  2. Imports of Silk; Woven Fabrics of Noil Silk in Uruguay

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

The average import price for silk; woven fabrics of noil silks stood at $417,600 per ton in 2022, surging by 73% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2013 when the average import price increased by 579%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +110.6% per year.

Imports of Silk; Woven Fabrics of Noil Silk in Uruguay

In 2022, supplies from abroad of silk; woven fabrics of noil silks decreased by -68.8% to 5 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 700% against the previous year. As a result, imports attained the peak of 16 kg, and then dropped rapidly in the following year.

In value terms, imports of silk; woven fabrics of noil silks dropped notably to $2.1K in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 645%. As a result, imports reached the peak of $3.9K, and then reduced notably in the following year.

Import of Silk; Woven Fabrics of Noil Silk in Uruguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/A3.92.1-46.2%
Canada0.5N/AN/A0%
OthersN/AN/AN/A0%
Total0.53.92.1104.9%

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

  1. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform

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