In 2023, China dominated the global export of silk waste with a significant share of 51.09%, followed by India at 25.84% and Germany at 11.17%. Meanwhile, Italy contributed 7.17% and other countries had considerably smaller shares. From 2022 to 2023, India's exports increased by 2.42%, while China's grew modestly by 0.75%. Germany and Brazil saw declines, with -1.12% and -1.01% respectively. Remarkably, South Africa displayed a notable increase of 96.98%, while smaller players like Poland also surged by 31.06%.
Future trends suggest that China and India will likely maintain their dominance in the global silk waste market due to established industries and resources. However, countries like South Africa could emerge as noteworthy players due to recent growth trends. Monitoring environmental initiatives and technological advancements will be crucial as they may shift production and trade dynamics.
Top countries in Export of Silk Waste Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51.09 | 2023 | +1.15% | +0.75% | View data |
| 2 | 2 India | 25.84 | 2023 | +3.4% | +2.42% | View data |
| 3 | 3 Germany | 11.17 | 2023 | +0.18% | -1.12% | View data |
| 4 | 4 Italy | 7.17 | 2023 | +2.83% | +2.9% | View data |
| 5 | 5 United Kingdom | 1.42 | 2023 | -0.83% | -3.46% | View data |
| 6 | 6 Brazil | 1.24 | 2023 | -0.39% | -1.01% | View data |
| 7 | 7 Bulgaria | 0.18 | 2023 | +2.5% | +24.33% | View data |
| 8 | 8 Japan | 0.09 | 2023 | -42.95% | -22.02% | View data |
| 9 | 9 Thailand | 0.052 | 2023 | -41.01% | -30.67% | View data |
| 10 | 10 Canada | 0.032 | 2023 | +3.19% | +8.74% | View data |
