Price for Silk; Woven Fabrics of Noil Silk in Israel - 2024

Contents:

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

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

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $111,780 per ton, surging by 11% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.6% 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; woven fabrics of noil silks decreased by -3.9% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 68%. The import price peaked at $116,279 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($112,150 per ton), while the price for China ($111,588 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+57.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silk; Woven Fabrics of Noil Silk in Israel

Imports of silk; woven fabrics of noil silks into Israel skyrocketed to 1.2 tons in 2022, with an increase of 38% compared with the previous year. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 391% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of silk; woven fabrics of noil silks skyrocketed to $130K in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 325%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India27.020.073.092.050.5%
China5.0N/AN/A26.073.2%
Italy11.0N/A12.012.02.9%
United Kingdom6.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total49.020.085.013038.4%

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

  1. India (823.0 kg)
  2. China (233.0 kg)
  3. Italy (107.0 kg)

Source: IndexBox Market Intelligence Platform

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