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

Contents:

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

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

In 2022, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $8,531 per ton, reducing by -3.7% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2014 an increase of 12%. As a result, import price attained the peak level of $11,786 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($8,682 per ton) and Italy ($8,531 per ton), while the price for the UK ($8,485 per ton) and China ($8,488 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.2%), while the prices for the other major suppliers experienced a decline.

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

Imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into Canada contracted dramatically to 8.3 tons in 2022, dropping by -19.9% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2021 when imports increased by 311% against the previous year. As a result, imports attained the peak of 10 tons, and then shrank remarkably in the following year.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s contracted remarkably to $71K in 2022. In general, imports, however, enjoyed mild growth. The growth pace was the most rapid in 2021 when imports increased by 340% against the previous year. As a result, imports attained the peak of $92K, and then dropped markedly in the following year.

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

1. Italy (8.1 tons)
2. United Kingdom (0.1 tons)
3. China (0.1 tons)

Source: IndexBox Market Intelligence Platform