Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Turkey - 2024

Contents:

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

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

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $15,481 per ton in 2022, declining by -34.2% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 117%. The import price peaked at $35,624 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($21,202 per ton), while the price for Germany ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $4,975 per ton in 2022, with a decrease of -18.2% against the previous year. Over the period under review, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 43%. The export price peaked at $6,083 per ton in 2021, and then contracted rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($5,020 per ton), while the average price for exports to China amounted to $4,974 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.5%).

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

In 2022, overseas purchases of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -43.7% to 30 tons, falling for the second year in a row after two years of growth. Overall, imports showed a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports attained the peak of 91 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s reduced markedly to $469K in 2022. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 28%.

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

1. China (19.8 tons)
2. Azerbaijan (10.5 tons)

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

In 2022, overseas shipments of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -45.3% to 16 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 76%. As a result, the exports reached the peak of 68 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s reduced remarkably to $79K in 2022. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 152% against the previous year. As a result, the exports reached the peak of $409K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. China (13.5 tons)
2. Italy (2.1 tons)

Source: IndexBox Market Intelligence Platform