Woven fabrics of silk and silk waste market in Italy

Earlier Report Observations

The market for woven fabrics of silk and silk waste in Italy experienced considerable volatility from 2018 to 2024. In physical terms, market volume peaked at 26 885 тыс. м² in 2019, then contracted sharply to 14 968 тыс. м² in 2021 before recovering to 20 878 тыс. м² in 2024. Similarly, the market value reached 199.1 млн $ in 2019, fell to a low of 106.9 млн $ in 2021, and rose to 153.0 млн $ by the end of the period.

The most pronounced downturn occurred in 2021, with market volume dropping 35% year-on-year. A strong rebound of 52% followed in 2022, but this gain was partially reversed by an 18% decline in 2023. By 2023, the market volume remained 31% below its 2019 peak, indicating a sustained contraction through the middle of the decade.

Market volume grew by 12% in 2024, supported by specific developments within the Italian textile sector. Key manufacturers in the Como district, such as Taroni and Clerici Tessuti, increased their production of organic silk. Concurrently, innovations like Mantero's Resilk process, which regenerates silk yarn to create new sustainable fabrics, expanded the range of available products and helped stimulate market activity.

Production woven fabrics of silk and silk waste in Italy

In value, 2017-2020, M $ US

In Italy, the output value of woven fabrics of silk and silk waste was 244.2 million US dollars in 2020, marking an 8.7% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 13.9%, which translates to an annualized decline rate of 4.9%. The lowest value was recorded in 2018 at 230.9 million US dollars. That same year saw the largest drop of 18.6%, while the biggest increase occurred in 2019 with a 15.8% rise.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K m²

Italy produced 15 812 thousand square meters of woven fabrics of silk and silk waste in 2020, a 7.7% decrease compared to the previous year. From 2017 to 2020, production declined by 12%, with a compound annual growth rate of -4.2%. The minimum volume was recorded in 2018 at 14 698 thousand square meters. The largest decline of 18.2% also happened in 2018, whereas the biggest increase of 16.6% was observed in 2019.

Annual dynamics of production in Italy in kind, 2017-2020, K m²

Exports woven fabrics of silk and silk waste from Italy

Exports in kind, K m²

Exports of woven fabrics of silk and silk waste from Italy declined for the third year in a row. In 2020, export volumes reached 7 235 thousand square meters, representing a 33.0% drop from the previous year. Over the 2017-2020 period, exports decreased by 40.2%, with a compound annual decline rate of 15.7%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K m²

From 2017 to 2020, Italy's exports of woven fabrics of silk and silk waste in volume terms were distributed across numerous markets. France accounted for 19.0% of these exports, Romania for 7.5%, and Tunisia for 7.2%, with these three countries together making up just 33.7% of the total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's exports of woven fabrics of silk and silk waste in value terms fell for the second consecutive year. In 2020, exports totaled 143.0 million US dollars, down 35.8% from 2019. Between 2017 and 2020, exports decreased by 33.2%, equating to an annualized decline rate of 12.6%. The highest value was recorded in 2018 at 227.4 million US dollars, which also saw the largest increase of 6.2%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

During 2017-2020, Italy's exports of woven fabrics of silk and silk waste in value terms relied on a broad range of partner countries. France held a 25.1% share, Tunisia 6.8%, and Germany 6.5%, with these three markets together accounting for only 38.4% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports woven fabrics of silk and silk waste to Italy

Imports in kind, K m²

Italy's imports of woven fabrics of silk and silk waste in volume terms declined for the third consecutive year. In 2020, import volumes came to 14 291 thousand square meters, reflecting a 30.4% decrease compared to 2019. Over the 2017-2020 period, imports fell by 37.7%, with a compound annual decline rate of 14.6%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K m²

From 2017 to 2020, the country structure of Italy's imports of woven fabrics of silk and silk waste in volume terms was heavily concentrated on China, which accounted for 84.3% of total flows, while other partners made up the remainder.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Italy's imports of woven fabrics of silk and silk waste in value terms dropped for the second year in a row. In 2020, imports reached 83.5 million US dollars, which is 45.9% lower than the previous year. Between 2017 and 2020, imports decreased by 43%, translating to an annualized decline rate of 17.1%. The peak value was recorded in 2018 at 180.5 million US dollars, which also experienced the largest increase of 23.2%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

Over 2017-2020, China dominated Italy's imports of woven fabrics of silk and silk waste in value terms, capturing 77.2% of total flows, with other countries accounting for the remaining share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020