Earlier Report Observations
Thailand's raw silk market volume grew by 16% in 2019, reaching 700 t, but this proved to be a high point before a multi-year contraction. From 2020 to 2023, the market size fell consistently, dropping to 329 t by the end of the period—a 53% reduction from the 2019 peak.
The decline was almost entirely attributable to a collapse in domestic production, which more than halved from 700 t in 2019 to 291 t in 2023. With imports and exports remaining marginal in most years, the shrinking output directly translated into a smaller market volume.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Thailand
- 5.1.1. Annual dynamics of production in Thailand in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Thailand in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Thailand
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production raw silk in Thailand
In kind, 2017-2020, t
Thailand was one of the world's top producers of raw silk from 2017 to 2020, ranking 5th globally by production volume during this period.
Top producers of raw silk, 2017-2020
World map of production of raw silk, 2017-2020
In 2020, Thailand produced 520.0 t of raw silk, which represents a 25.7% decrease compared to the previous year. Over the 2017-2020 period, production declined by 23.5%, with a compound annual growth rate (CAGR) of -8.6%. The highest production level was recorded in 2019 at 700.0 t, with the largest annual increase of 2.9% also occurring that year.
Annual dynamics of production in Thailand in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | 2.9% | (25.7%) | (8.6%) |
Exports raw silk from Thailand
Exports in kind, kg
The market showed an unstable trend throughout the timeframe. Exports reached their peak in 2018 and hit their lowest point in 2020, with a 25 059-fold difference between these years. In 2020, raw silk exports from Thailand totaled 3 kg, marking a significant increase of 284.8% compared to the previous year.
Annual dynamics of product's exports from Thailand in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 284.8% | n/a | n/a | (94.6%) |
From 2017 to 2020, the structure of exports in kind was characterized by India's dominance, which accounted for 70.9% of total flows, alongside a large number of minor trading partners.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Thailand in kind, 2017-2020
Exports in value, K $ US
The data reveals irregular changes, indicating a volatile market environment. Export volumes peaked in 2018 and declined to their lowest level in 2020, with a top-to-bottom ratio of 1 215 037 times. In 2020, Thailand's raw silk export volume amounted to 0.0 K $ US, which is 239.3% higher than in 2019.
Annual dynamics of product's exports from Thailand in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 239.3% | n/a | n/a | (98.6%) |
From 2017 to 2020, India remained the dominant destination for exports in value terms, holding a 71.4% share of total flows, while the remainder was fragmented across other markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Thailand in value, 2017-2020
Imports raw silk to Thailand
Imports in kind, kg
In 2018, Thailand imported a total of raw silk, showing a sharp reduction of 79.9% compared to the previous year.
Annual dynamics of product's imports to Thailand in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (79.9%) | n/a | n/a | - |
From 2017 to 2020, imports in kind of raw silk to Thailand were largely oriented towards Vietnam and South Korea, whose combined share reached 83.3% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Thailand in kind, 2017-2020
Imports in value, K $ US
In 2018, raw silk shipments to Thailand from abroad amounted to 134 K $ US, up by 15.9% from 2017.
Annual dynamics of product's imports to Thailand in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 15.9% | n/a | n/a | - |
Throughout 2017-2020, South Korea and Vietnam formed the main group of markets for imports in value terms, together accounting for 46.3% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Thailand in value, 2017-2020
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