Market movement
In 2024, silk: silk-worm cocoons suitable for reeling trade exhibited strong growth, with global flows reaching $6,684,683 and a three-year compound annual growth rate of -7.1% (five-year: +7.2%). The all-time peak of $35,661,833 was recorded in 1995; the current level is 81% below that high-water mark.
Over the 30-year observation window (1995–2024), 38% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-11.5% acceleration).
The World Trade Flows Characterization classifies silk: silk-worm cocoons suitable for reeling as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.
