Silk-Worm Cocoons Market in Malaysia
Market Overview
In 
, the Malaysian silk-worm cocoons market increased by % to $, rising for the second year in a row after seven years of decline. Overall, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
In value terms, silk-worm cocoons production amounted to $ in estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the production volume increased by %. Over the period under review, production reached the peak level at $ in 2010; however, from 2011 to , production stood at a somewhat lower figure.
, the Malaysian silk-worm cocoons market increased by % to $, rising for the second year in a row after seven years of decline. Overall, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption remained at a lower figure.In value terms, silk-worm cocoons production amounted to $
in estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the production volume increased by %. Over the period under review, production reached the peak level at $ in 2010; however, from 2011 to , production stood at a somewhat lower figure.Consumption
In , consumption of silk-worm cocoons (reelable) increased by % to kg, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, consumption hit record highs at tons in 2012; however, from 2013 to , consumption remained at a lower figure.
The revenue of the silk-worm cocoons market in Malaysia reached $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption failed to regain momentum.
, consumption of silk-worm cocoons (reelable) increased by % to kg, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, consumption hit record highs at tons in 2012; however, from 2013 to , consumption remained at a lower figure.The revenue of the silk-worm cocoons market in Malaysia reached $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for silk-worm cocoons in Malaysia, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to kg by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to kg by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Malaysia remains a net exporter of silk-worm cocoons; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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