In 2023, China led the global export market of woven fabric containing 85% or more by weight of silk, valued higher than other countries. Despite a slight decline in growth (-2.77%), China remains dominant. Italy, Japan, and France follow, all facing decreases in export values, emphasizing the sector's struggle. Germany and South Korea experienced notable declines, over 20%, indicating competitive pressures or decreased demand. Conversely, Romania, Lithuania, Bosnia and Herzegovina, and Bulgaria displayed growth, suggesting potential market expansion or enhanced capacities.
Looking ahead, global silk fabric exports might face fluctuations influenced by technological advancements in textile manufacturing, shifts in consumer preferences towards sustainable materials, and changes in international trade policies. Monitoring these trends and how leading and emerging markets adapt could offer insights into future industry dynamics.
Top countries in Export of Woven Fabric Containing 85% or More by Weight of Silk or of Silk Waste by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 516,380,000 | 2023 | -2.33% | -2.77% | View data |
| 2 | 2 Italy | 120,980,000 | 2023 | -5.78% | -5.91% | View data |
| 3 | 3 Japan | 28,593,000 | 2023 | -10.32% | -8.49% | View data |
| 4 | 4 France | 27,501,000 | 2023 | -10.68% | -7.36% | View data |
| 5 | 5 Romania | 17,624,000 | 2023 | +2.72% | +1.29% | View data |
| 6 | 6 United Kingdom | 16,047,000 | 2023 | -5.48% | -5.29% | View data |
| 7 | 7 South Korea | 12,264,000 | 2023 | -30.25% | -20.95% | View data |
| 8 | 8 Germany | 4,925,100 | 2023 | -33.72% | -22.5% | View data |
| 9 | 9 Lithuania | 3,298,000 | 2023 | +6.12% | +2.81% | View data |
| 10 | 10 Austria | 1,269,000 | 2023 | -14.06% | -15.34% | View data |
