In 2023, China dominated the global carded or combed silk waste export market with a 51.01% share. India and Germany also held significant shares at 25.84% and 11.25% respectively. The remaining countries had considerably lower shares, with Italy at 7.06% and Brazil at 1.48%. Notably, China experienced a modest growth rate of 1.1%, while Bulgaria saw remarkable growth at 24.33%. The most substantial decline was observed in Denmark with -26.16%. Over the last five years, these markets have experienced varied rates of growth, suggesting different levels of dependency on silk waste exports among these countries.
Future trends to watch include China's continued dominance against rising competition, particularly from India and emerging markets such as South Africa, which showed significant growth in the previous year. Additionally, economic and environmental policies may impact the industry's dynamism and market shares among these countries.
Top countries in Export of Carded or Combed Silk Waste Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51.01 | 2023 | +1.44% | +1.1% | View data |
| 2 | 2 India | 25.84 | 2023 | +3.68% | +2.81% | View data |
| 3 | 3 Germany | 11.25 | 2023 | +0.62% | -0.6% | View data |
| 4 | 4 Italy | 7.06 | 2023 | +2.89% | +2.99% | View data |
| 5 | 5 Brazil | 1.48 | 2023 | +2.78% | +2.88% | View data |
| 6 | 6 United Kingdom | 1.43 | 2023 | -0.3% | -2.88% | View data |
| 7 | 7 Japan | 0.24 | 2023 | -12.76% | -4.98% | View data |
| 8 | 8 Bulgaria | 0.18 | 2023 | +2.5% | +24.33% | View data |
| 9 | 9 Thailand | 0.074 | 2023 | -30.06% | -25.42% | View data |
| 10 | 10 Canada | 0.036 | 2023 | +5.57% | +11.56% | View data |
