Price for Silk; Woven Fabrics of Noil Silk in Vietnam - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Vietnam (CIF) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in Vietnam (FOB) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in Vietnam
- Exports of Silk; Woven Fabrics of Noil Silk in Vietnam
Price for Silk; Woven Fabrics of Noil Silk in Vietnam (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $109,790 per ton in 2022, shrinking by -6.5% against the previous year. In general, the import price, however, recorded a moderate expansion. The growth pace was the most rapid in 2018 an increase of 41%. The import price peaked at $117,455 per ton in 2021, and then declined in the following year.
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 Japan ($412,200 per ton), while the price for Hong Kong SAR ($11,348 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in Vietnam (FOB) - 2022
In 2022, the average export price for silk; woven fabrics of noil silks amounted to $49,359 per ton, with a decrease of -33.8% against the previous year. In general, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 49% against the previous year. The export price peaked at $146,833 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($96,263 per ton), while the average price for exports to Luxembourg ($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 Bangladesh (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Silk; Woven Fabrics of Noil Silk in Vietnam
In 2022, approx. 181 kg of silk; woven fabrics of noil silks were imported into Vietnam; waning by -88% against the previous year's figure. Over the period under review, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year.
In value terms, imports of silk; woven fabrics of noil silks fell notably to $20K in 2022. In general, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 73%.
| Import of Silk; Woven Fabrics of Noil Silk in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 28.7 | 1.9 | 34.0 | 10.4 | -28.7% |
| South Korea | 43.3 | 2.8 | 31.9 | 2.3 | -62.4% |
| Japan | 12.6 | 10.5 | 11.8 | 2.1 | -45.0% |
| China | 138 | 49.6 | 50.5 | 1.5 | -77.8% |
| Hong Kong SAR | 4.7 | 6.6 | 6.7 | 1.0 | -40.3% |
| United Kingdom | 4.2 | 3.3 | 3.5 | 0.6 | -47.7% |
| Taiwan (Chinese) | 6.1 | 4.1 | 3.7 | 0.5 | -56.6% |
| India | 9.1 | 8.7 | 14.2 | 0.2 | -72.0% |
| Others | 21.6 | 15.0 | 21.2 | 1.3 | -60.8% |
| Total | 268 | 103 | 177 | 19.9 | -58.0% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Vietnam in 2022:
- Hong Kong SAR (92.0 kg)
- Singapore (43.0 kg)
- South Korea (15.0 kg)
- United Kingdom (8.0 kg)
- China (5.0 kg)
- Japan (5.0 kg)
- Taiwan (Chinese) (4.0 kg)
- India (1.0 kg)
Exports of Silk; Woven Fabrics of Noil Silk in Vietnam
In 2022, overseas shipments of silk; woven fabrics of noil silks decreased by -76.2% to 39 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 9.9%. As a result, the exports reached the peak of 2.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of silk; woven fabrics of noil silks reduced rapidly to $1.9K in 2022. In general, exports recorded a sharp descent. The smallest decline of -48% was in 2020.
| Export of Silk; Woven Fabrics of Noil Silk in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 176 | 148 | 11.9 | 1.8 | -78.3% |
| Hong Kong SAR | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Japan | 2.1 | 0.5 | N/A | N/A | -76.2% |
| South Korea | 0.1 | N/A | N/A | N/A | 0% |
| Germany | 0.1 | 0.1 | N/A | N/A | 0.0% |
| China | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| France | 0.6 | 0.5 | N/A | N/A | -16.7% |
| Luxembourg | N/A | N/A | N/A | N/A | 0% |
| Brunei Darussalam | 2.1 | 1.4 | 0.1 | N/A | -78.2% |
| Indonesia | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Denmark | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 116 | 4.0 | 0.2 | 0.1 | -90.5% |
| Total | 299 | 155 | 12.2 | 1.9 | -81.5% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Vietnam in 2022:
- Bangladesh (19.0 kg)
- Canada (1.0 kg)
- Denmark (1.0 kg)
- Indonesia (1.0 kg)
- Brunei Darussalam (1.0 kg)
- Luxembourg (1.0 kg)
- France (1.0 kg)
- Austria (1.0 kg)
- China (1.0 kg)
- Germany (1.0 kg)
- South Korea (1.0 kg)
- Japan (1.0 kg)
- Hong Kong SAR (1.0 kg)
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