Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Australia - 2023
Contents:
- Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Australia (CIF) - 2022
- Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Australia
Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Australia (CIF) - 2022
The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $19,223 per ton in 2022, reducing by -10% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -37.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 32%. As a result, import price attained the peak level of $30,926 per ton. From 2021 to 2022, the average import prices remained 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 Italy ($372,000 per ton), while the price for New Zealand ($2,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Australia
In 2022, purchases abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s was finally on the rise to reach 928 kg after two years of decline. Over the period under review, imports, however, saw a drastic downturn.
In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s skyrocketed to $18K in 2022. Overall, imports, however, continue to indicate a deep setback.
| Import of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.6 | 2.0 | 0.3 | 7.5 | -0.4% |
| United States | 3.6 | 4.3 | 1.1 | 4.7 | 9.3% |
| India | 13.3 | 3.6 | 0.5 | 2.7 | -41.2% |
| China | 2.5 | 15.3 | 2.1 | 2.0 | -7.2% |
| New Zealand | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
| Others | 1.2 | 1.1 | 0.2 | 0.8 | -12.6% |
| Total | 28.4 | 26.5 | 4.2 | 17.8 | -14.4% |
Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Australia in 2022:
- United Kingdom (541.0 kg)
- India (215.0 kg)
- China (64.0 kg)
- New Zealand (57.0 kg)
- United States (48.0 kg)
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