Return1.The import and export situation of silk products in Jan.-Dec.
The total import and export value of silk products was 1759 million dollars from January to December, up 32.03%, accounting for 0.50% of China's total textile and apparel imports and exports.
2.1 Export situation
The export value of pure silk products was 1349 million US dollars, a year-on-year increase of 25.95%, accounting for 0.42% of China's textile and apparel exports. During the same period, the export value of textile and apparel increased by 8.99% YOY.
2.1.1 Export product structure
From January to December, the exports of silk products picked up, changing from falling to rising of the three categories, in which silk fabrics fluctuated the most, realizing a 45% year-on-year increase in 2021 from the 55% decrease in 2020.
In the terms of export shares, silk filament and silk madeups declined slightly , and silk fabrics increased 4% from the last year.
The specific export data: silk filament amounted to 267 million dollars, rising 9.52% YOY, accounting for 19.79%, and the quantity of which was 5751.33 tons, jumping 3.78%, with the unit price of 46.41 dollars per kilo, up 5.53% YOY; silk fabrics amounted to 394 million dollars, growing 45.25%, accounting for 29.17%, with its unit price reaching 6.12 dollars per meter, up 24.36%; the exports of silk madeups totaled 689 million dollars, going up 23.75%, accounting for 51.04%.
2.1.2 Major export markets
Since the second quarter of 2021, China's silk products exported to major markets such as Europe and the United States have picked up significantly. And in July and May respectively, the EU and US markets have turned from a year-on-year decline to a rise. Since then the export growth rate has been expanding, and the year-on-year increase in exports to the two major export markets at the end of the year has reached about 20%. Compared with 2020, the ranking of the main export markets has not changed, and their shares have not changed significantly except for India, which has decreased by about 1.5 percentage points.
The top five markets were: the EU (up 20.98%, accounting for 27.62%), the US (up 19.47%, accounting for 18.35%), Hong Kong (up 31.19%, accounting for 8.70%), Japan (up 25.41%, accounting for 7.23%), India (down 7.94%, accounting for 5.54%).
1) Export situation of Silk filament
Compared with 2020, among the top five export markets for silk filament, the United States replaced Madagascar in fifth place, and the top four positions remained unchanged. The EU still ranked first in our silk filament export markets with a share of about 40%. In terms of share, India fell by nearly 4% from last year, while Japan increased by about 3%.
In terms of export trends, both the EU and Japan have turned from a year-on-year decline in June to a rise, and the year-on-year growth rate of exports to Japan in the second half of the year has continued to expand. In terms of exports to India, although the whole year still fell by 11% year-on-year, it has been significantly narrowed from about 50% at the beginning of the year. Of the top five, only the United States maintained a year-on-year growth trend throughout the year.
The top five in order were: the EU (up 13.13%, accounting for 41.14%), India (down 10.79%, accounting for 16.61%), Japan (up 39.17%, accounting for 13.78%), Vietnam (down 11.20%, accounting for 3.93%), the US (up 13.07%, accounting for 3.44%).
2)Export situation of Silk fabrics
In 2021, the export of our silk fabrics showed a decrease at first and then recovery throughout the year. It fell by 44% YOY in January, and after turning rise from June, the year-on-year growth rate of exports in the second half of the year continued to expand, and finally achieved a 45% increase in exports. Among them, the top five major export markets all increased by more than 40% YOY.
Among the top five export markets for silk fabrics, the share of the top four fluctuated slightly, and the ranking has not changed. Sri Lanka, which ranked seventh in 2020, rose to fifth, while South Korea, which had previously ranked fifth, dropped to sixth.
The top five countries or regions were: the EU (up 41.07%, accounting for 25.73%), Hong Kong (up 47.40%, accounting for 13.14%), Pakistan (up 60.58%, accounting for 11.79%), India (up 59.81%, accounting for 7.64%), Sri Lanka (up 68.28%, accounting for 5.81%).
3）Export situation of silk madeups
In 2021, the exports of our silk products to the main export markets began to warm up in the second quarter, reached a peak year-on-year growth rate (35%) in October, and then fell back in the last two months. The annual export increased by 24% YOY.
Among the major export markets, only the share of EU fell by more than 1%. The United States still ranked first in the export markets of China's silk madeups with a share of 34%. In addition, the United Kingdom has replaced Japan as the fourth largest export market for our silk madeups since October, due to the large increase in exports throughout the year, and its share has increased by 1% compared with last year.
The top five countries or regions were: the US (up 19.08%, accounting for 33.60%), the EU (up 16.09%, accounting for 23.47%), Hong Kong (up 21.16%, accounting for 9.30%), the UK (up 42.87%, accounting for 7.02%), Japan (up 16.73%, accounting for 6.88%).
The original Chinese edition of this article is from CCCT, translated and edited by esilk. net.
