Market movement
In 2024, silk yarn and yarn spun from silk waste: put up for retail sale, and silk-worm gut trade exhibited slight decline, with global flows reaching $8,477,662 and a three-year compound annual growth rate of -1.0% (five-year: -1.3%). The all-time peak of $32,014,935 was recorded in 2013; the current level is 74% 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 strengthening (+8.6% acceleration).
The World Trade Flows Characterization classifies silk yarn and yarn spun from silk waste: put up for retail sale, and silk-worm gut as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
