Forecast: Import of Raw Silk to the UK

In 2023, the UK imported raw silk valued at approximately USD 1.16 million. Forecasts for the coming years show a gradual increase in imports from USD 1.189 million in 2024 to USD 1.298 million by 2028. This growth reflects a steady year-on-year increase ranging between 2.35% to 2.15% over the forecast period, suggesting consistent demand or a slight increase in silk imports.

Future trends to watch include:

  • Global silk production changes, particularly in dominant producer countries like China and India.
  • Fluctuations in international trade policies and tariffs that could affect import costs.
  • Shifts in consumer preferences towards sustainable and ethical fashion influencing raw silk demand.

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