Price for Silk; Woven Fabrics of Noil Silk in Greece - 2023

Price for Silk; Woven Fabrics of Noil Silk in Greece (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $56,671 per ton in 2022, dropping by -27.9% against the previous year. Overall, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 75% against the previous year. Over the period under review, average import prices hit record highs at $127,425 per ton in 2017; however, from 2018 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 Germany ($112,481 per ton), while the price for India ($25,156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+48.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk; Woven Fabrics of Noil Silk in Greece (FOB) - 2022

In 2021, the average export price for silk; woven fabrics of noil silks amounted to $26,667 per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 48% against the previous year. Over the period under review, the average export prices attained the maximum at $88,326 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Cyprus amounted to +16.4% per year.

Imports of Silk; Woven Fabrics of Noil Silk in Greece

In 2022, the amount of silk; woven fabrics of noil silks imported into Greece surged to 592 kg, jumping by 342% on 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of silk; woven fabrics of noil silks skyrocketed to $34K in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	N/A	17.6	0%
Italy	15.8	3.2	8.2	3.3	-40.7%
Germany	0.4	0.3	N/A	3.0	95.7%
India	N/A	N/A	N/A	1.6	0%
China	N/A	0.7	N/A	1.1	25.4%
Cyprus	4.2	N/A	N/A	N/A	0%
Austria	N/A	15.8	N/A	N/A	0%
Portugal	N/A	9.0	N/A	N/A	0%
Others	0.4	3.8	2.3	7.0	159.6%
Total	20.8	32.7	10.5	33.5	17.2%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Greece in 2022:

Spain (438.0 kg)
India (64.0 kg)
Italy (34.0 kg)
Germany (27.0 kg)
China (20.0 kg)

Exports of Silk; Woven Fabrics of Noil Silk in Greece

In 2021, exports of silk; woven fabrics of noil silks from Greece stood at 15 kg, therefore, remained relatively stable against the previous year's figure. Overall, exports continue to indicate a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of silk; woven fabrics of noil silks totaled $400 in 2021. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of 99.9% was in 2020.