Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Thailand - 2024

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $17,239 per ton in 2022, growing by 64% against the previous year. In general, the import price, however, saw a slight curtailment. The import price peaked at $28,452 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China ($44,770 per ton), while the price for Vietnam amounted to $11,709 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $7,475 per ton in 2022, rising by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs at $16,740 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($106,057 per ton), while the average price for exports to China ($4,212 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 Denmark (+199.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into Thailand reduced to 163 tons, waning by -5.9% against the previous year's figure. Over the period under review, imports faced a abrupt descent.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s soared to $2.8M in 2022. Overall, imports recorded a abrupt curtailment.

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

1. Vietnam (135.6 tons)
2. China (27.2 tons)

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

In 2022, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s exported from Thailand fell markedly to 131 tons, which is down by -48.1% compared with the year before. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 104%. As a result, the exports reached the peak of 251 tons, and then contracted sharply in the following year.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s dropped notably to $976K in 2022. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 113%.

Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from Thailand in 2022:

1. China (121.6 tons)
2. Japan (4.3 tons)
3. United States (2.6 tons)
4. Italy (2.1 tons)

Source: IndexBox Market Intelligence Platform