The 2023 data indicates that India dominates the global export market of carded or combed silk waste, holding 53.68% of the share, showing a 3.44% increase from the previous year. China follows with 26.43% but experienced a slight decline of 1.07%. Germany and Italy contribute 5.22% and 2.79% respectively, with Germany decreasing slightly, while Italy sees a modest rise. Notably, Bulgaria's share surged by 32.61%, and South Africa saw a significant 41.64% increase, despite its smaller share. In contrast, countries like Japan and Kyrgyzstan faced declines, with Japan dropping 41.26%.
Future trends to watch for include:
- Continued growth from emerging markets such as Bulgaria and South Africa, driven by increased production capacity and investment.
- Potential recovery for countries like Japan, focusing on innovation and quality enhancements to regain market share.
- Monitoring India and China's strategic moves to maintain their dominance in this sector.
- Influence of global trade policies and environmental regulations impacting production and export of silk waste.
Top countries in Export of Carded or Combed Silk Waste Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 53.68 | 2023 | +3.72% | +3.44% | View data |
| 2 | 2 China | 26.43 | 2023 | -1.07% | -1.07% | View data |
| 3 | 3 Germany | 5.22 | 2023 | -1.27% | -2.34% | View data |
| 4 | 4 Italy | 2.79 | 2023 | +1.48% | +1.73% | View data |
| 5 | 5 Brazil | 2.02 | 2023 | +0.71% | +1.32% | View data |
| 6 | 6 Bulgaria | 1.97 | 2023 | +4.65% | +32.61% | View data |
| 7 | 7 Thailand | 1.31 | 2023 | +5.41% | +0.18% | View data |
| 8 | 8 United Kingdom | 0.87 | 2023 | -4.72% | -4.73% | View data |
| 9 | 9 Kyrgyzstan | 0.23 | 2023 | -10.17% | -7.37% | View data |
| 10 | 10 Pakistan | 0.17 | 2023 | -20.02% | -9.56% | View data |
