Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in the Czech Republic - 2023

Contents:

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

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

In 2022, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $43,104 per ton, rising by 5.9% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +13.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 237% against the previous year. The import price peaked at $43,748 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($52,000 per ton) and Austria ($50,108 per ton), while the price for Italy ($36,912 per ton) and Germany ($48,002 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $43,785 per ton in 2022, dropping by -3.4% against the previous year. Overall, the export price, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the maximum at $45,325 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2013 to 2022, the rate of growth in terms of prices for Austria amounted to +5.2% per year.

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

In 2022, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into the Czech Republic skyrocketed to 10 tons, surging by 43% against the year before. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 63% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s surged to $439K in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 88%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. Italy (5.2 tons)
2. Austria (3.7 tons)
3. Germany (1.2 tons)

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

In 2022, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s from the Czech Republic declined notably to 135 kg, dropping by -36.3% against 2021 figures. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 316%.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s contracted markedly to $5.9K in 2022. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 319%.

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

1. Austria (135.0 kg)

Source: IndexBox Market Intelligence Platform