Silk: raw silk (not thrown)

In 2024, silk: raw silk (not thrown) trade exhibited significant decline, with global flows reaching $370,772,906 and a three-year compound annual growth rate of +12.7% (five-year: -0.4%). The all-time peak of $469,536,437 was recorded in 1995; the current level is 21% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+13.9% acceleration).

The World Trade Flows Characterization classifies silk: raw silk (not thrown) as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.301). The three largest exporters — China ($174.7M), Vietnam ($98.6M), and Italy ($31.5M) — collectively dominate supply flows. The leading exporter has grown at +19.2% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.190). The three largest import markets are India ($128.9M), Romania ($77.5M), and Italy ($36.9M). The largest importing market sources from 6 different supplying countries.

The dominant trade corridor is Vietnam → India at $93.2M, representing 72.3% of the importer's total demand.

The volatility score for silk: raw silk (not thrown) is 8 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.