Italy - Silk Yarn And Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilk Yarn Price in Italy - 2023
Contents:
- Silk Yarn Price in Italy (CIF) - 2023
- Silk Yarn Price in Italy (FOB) - 2022
- Silk Yarn Imports in Italy
- Silk Yarn Exports in Italy
Silk Yarn Price in Italy (CIF) - 2023
In August 2023, the average silk yarn import price amounted to $77,629 per ton, reducing by -5.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 9.7% month-to-month. Over the period under review, average import prices attained the peak figure at $82,119 per ton in July 2023, and then dropped in the following month.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Romania ($90,057 per ton), while the price for China ($60,421 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+1.2%), while the prices for the other major suppliers experienced a decline.
Silk Yarn Price in Italy (FOB) - 2022
In 2022, the average silk yarn export price amounted to $73,078 per ton, dropping by -7.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 12%. The export price peaked at $80,008 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($115,870 per ton), while the average price for exports to Tunisia ($24,678 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 South Korea (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Silk Yarn Imports in Italy
In 2022, approx. 1.6K tons of silk yarn and yarn spun from silk waste were imported into Italy; picking up by 22% against the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, silk yarn imports surged to $114M in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Silk Yarn in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 61.8 | 34.8 | 45.7 | 67.2 | 2.8% |
China | 24.8 | 18.1 | 28.0 | 38.1 | 15.4% |
Vietnam | 4.5 | 2.7 | 1.8 | 3.3 | -9.8% |
Tunisia | 2.1 | 1.8 | 1.1 | 2.4 | 4.6% |
Germany | 3.4 | 2.4 | 3.1 | 0.6 | -43.9% |
Others | 5.4 | 6.7 | 5.7 | 2.7 | -20.6% |
Total | 102 | 66.6 | 85.4 | 114 | 3.8% |
Top Suppliers of Silk Yarn to Italy in 2022:
- Romania (884.9 tons)
- China (645.8 tons)
- Vietnam (42.9 tons)
- Tunisia (34.3 tons)
- Germany (9.1 tons)
Silk Yarn Exports in Italy
In 2022, the amount of silk yarn and yarn spun from silk waste exported from Italy surged to 537 tons, growing by 49% on the year before. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silk yarn exports skyrocketed to $39M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Silk Yarn in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 7.7 | 6.7 | 7.6 | 10.7 | 11.6% |
France | 8.6 | 6.7 | 6.3 | 10.2 | 5.9% |
United Kingdom | 6.6 | 3.4 | 2.6 | 3.6 | -18.3% |
Germany | 1.2 | 2.6 | 2.2 | 3.3 | 40.1% |
Turkey | 2.1 | 1.3 | 1.1 | 2.1 | 0.0% |
China | 0.7 | 0.6 | 1.1 | 1.4 | 26.0% |
Hong Kong SAR | 0.9 | 0.9 | 1.0 | 1.1 | 6.9% |
South Korea | 0.4 | 0.6 | 0.5 | 1.0 | 35.7% |
Austria | 0.8 | 0.4 | 0.4 | 0.8 | 0.0% |
Portugal | 0.4 | 0.2 | 0.3 | 0.6 | 14.5% |
Tunisia | N/A | N/A | N/A | 0.6 | 0% |
United States | 0.9 | 0.7 | 0.8 | 0.5 | -17.8% |
Denmark | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
Others | 3.4 | 3.0 | 4.1 | 2.8 | -6.3% |
Total | 33.8 | 27.1 | 28.3 | 39.2 | 5.1% |
Top Export Markets for Silk Yarn from Italy in 2022:
- Romania (177.8 tons)
- France (118.7 tons)
- United Kingdom (41.9 tons)
- Germany (33.5 tons)
- Turkey (30.1 tons)
- Tunisia (24.5 tons)
- China (12.3 tons)
- Austria (11.9 tons)
- Hong Kong SAR (10.6 tons)
- South Korea (10.3 tons)
- Denmark (9.2 tons)
- Portugal (8.7 tons)
- United States (4.7 tons)
This report provides an in-depth analysis of the silk yarn market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
- Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
- Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the silk yarn market in Italy.
This report provides an in-depth analysis of the silk yarn market in Italy.
This report provides an in-depth analysis of the global silk yarn market.
This report provides an in-depth analysis of the global silk yarn market.
This report provides an in-depth analysis of the silk yarn market in Italy.
This report provides an in-depth analysis of the silk yarn market in Italy.
This report provides an in-depth analysis of the global silk yarn market.
This report provides an in-depth analysis of the global silk yarn market.
In January 2023, the Silk Yarn industry saw a significant 75% month-on-month growth. However, by October 2023, silk yarn imports declined notably to $4.7M in value terms.
In January 2023, Silk Yarn experienced the fastest growth rate, with a remarkable 75% month-on-month increase. Furthermore, the value of imported Silk Yarn reached an astonishing $16M in September 2023.
In April 2023, the price of Silk Yarn reached $80,793 per ton (CIF, Italy), showing a 2.2% increase compared to the previous month.
The revenue of the silk yarn market in Italy amounted to $131M in 2018, going down by -2.5% against the previous...
In value terms, silk waste imports amounted to $X in 2016. Overall, silk waste imports continue to indicate a relatively flat trend pattern. Over the period under review, global silk waste imports a...
In value terms, silk yarn and yarn spun from silk waste imports totaled $X in 2016. Overall, silk yarn and yarn spun from silk waste imports continue to indicate a drastic drop. Over the period unde...
In value terms, silk waste exports totaled $X in 2016. Overall, silk waste exports continue to indicate a relatively flat trend pattern. Global silk waste export peaked of $X in 2014; however, fro...
In value terms, silk yarn and yarn spun from silk waste exports stood at $X in 2016. Overall, silk yarn and yarn spun from silk waste exports continue to indicate a drastic deduction. In that year,...
In 2016, the amount of silk yarn imported worldwide amounted to X tons, reducing by -X% against the previous year level. In general, silk yarn imports continue to indicate a deep downturn. The...
In 2016, the amount of silk yarn imported worldwide amounted to X tons, reducing by -X% against the previous year level. In general, silk yarn imports continue to indicate a deep downturn. The...