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๐Ÿ“ฆ Fabrics of noil silk

Fabrics of noil silk

HS Code:

๐Ÿ“ฆ

Overview

The 'Fabrics of noil silk' category, classified under HS Code 5007.20, includes woven fabrics made from noil silk, which is a type of silk fabric produced from short fibers or waste silk left over from the spinning process. Noil silk fabrics are known for their textured, slightly rough surface and are often used in apparel, home textiles, and specialty products due to their unique aesthetic and eco-friendly nature. This category is a niche but significant segment of the global silk textile market, with trade influenced by cultural demand, sustainability trends, and luxury fashion industries.

Total Trade Volume

USD 150 million

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

8.5%

Highest Rate

15% (applied by certain developing countries to protect local textile industries)

Lowest Rate

0% (under free trade agreements like EU-Japan EPA)

Common Restrictions

  • Import quotas in some countries to protect domestic silk industries
  • Quality certification requirements for silk content and origin
  • Anti-dumping duties in regions suspecting underpriced imports
  • Environmental compliance regulations for silk processing

Market Trends

Growing demand for sustainable textiles

Increased interest in noil silk as an eco-friendly material due to its use of waste silk, driving market growth in eco-conscious regions like Europe and North America.

2021-2023

Shift toward luxury and niche markets

Noil silk is increasingly used in high-end fashion and bespoke home decor, boosting value-added trade in countries like Italy and France.

2020-2022

Technological advancements in silk processing

Improved production techniques in China and India have reduced costs and increased output, making noil silk fabrics more competitive globally.

2019-2023

Recent Developments

EU Sustainability Regulations on Silk Imports

The European Union introduced stricter sustainability and traceability requirements for silk products, including noil silk fabrics, to ensure ethical sourcing and environmental compliance.

January 2023

This may increase costs for exporters like China and India but could benefit compliant producers with better market access.

Indiaโ€™s Silk Export Promotion Initiative

The Indian government launched a subsidy program to promote silk exports, including noil silk fabrics, targeting markets in the Middle East and Europe.

March 2022

This has led to a notable increase in Indiaโ€™s export volumes, strengthening its position as a key player in this category.

Trade Tensions Between China and the US

Ongoing trade disputes have resulted in additional tariffs on Chinese silk products, including noil silk fabrics, entering the US market.

September 2022

This has caused a slight decline in Chinaโ€™s exports to the US, with buyers shifting to alternative suppliers like India and Vietnam.