Silk Fabric Market Overview in Japan
In value terms, silk fabric production shrank to $ in estimated in export prices. Overall, production showed a drastic downturn. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Over the period under review, production attained the peak level at $ in 2012; however, from 2013 to , production failed to regain the momentum.
The size of the silk fabric market in Japan contracted to $ in , with a decrease of -% 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 continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption failed to regain the momentum.