Market movement
In 2024, silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) trade exhibited significant decline, with global flows reaching $114,452,336 and a three-year compound annual growth rate of +1.5% (five-year: +9.4%). The all-time peak of $120,656,650 was recorded in 2023; the current level is 5% below that high-water mark.
Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-1.1% acceleration).
