Forecast: Import of Raw Silk to China

China's forecasted imports of raw silk show a consistent decline from 2024 to 2028, with volumes decreasing year-on-year. Compared to previous years, the import volume gradually diminishes at an average rate, tracing a downward trend. In 2023, the import value stood higher than forecasted figures, indicating a consistent reduction in demand or possibly domestic production increases or shifting market dependencies.

Future trends to watch for include:

  • Possible diversification in sourcing, as China might seek other options or domestic alternatives for raw silk supply.
  • Changing global silk production dynamics impacting China's import strategies.
  • Potential technological advancements or policy changes affecting the silk industry.

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