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

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $21,101 per ton in 2022, falling by -60.2% against the previous year. In general, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 290% against the previous year. The import price peaked at $117,013 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($80,286 per ton), while the price for the UK ($16,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+42.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $112,800 per ton in 2021, dropping by -9.6% against the previous year. Overall, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 324%. As a result, the export price attained the peak level of $124,719 per ton, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($130,357 per ton), while the average price for exports to Norway stood at $71,833 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s imported into Denmark fell sharply to 89 kg, shrinking by -79% compared with the previous year's figure. In general, imports showed a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 255%. As a result, imports reached the peak of 423 kg, and then dropped dramatically in the following year.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s declined remarkably to $1.9K in 2022. Over the period under review, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 730% against the previous year. As a result, imports reached the peak of $22K, and then reduced notably in the following year.

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

1. United Kingdom (47.0 kg)
2. Thailand (35.0 kg)
3. United States (7.0 kg)

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

In 2021, the amount of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s exported from Denmark contracted sharply to 20 kg, shrinking by -89.9% against the year before. Over the period under review, exports faced a precipitous curtailment. The smallest decline of -8.3% was in 2020.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s shrank sharply to $2.3K in 2021. In general, exports showed a significant decline. The growth pace was the most rapid in 2020 with an increase of 289%. As a result, the exports attained the peak of $25K, and then declined markedly in the following year.

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

1. China (14.0 kg)
2. Norway (6.0 kg)

Source: IndexBox Market Intelligence Platform