World silk production is estimated to be 95,000 metric tonnes (MT). The world market for silk and silk products has grown by a mere 4 per cent in the past few years.
China and India together produce more than 80 per cent of the world’s raw silk.
Although India is the second-largest producer of silk in the world after China, it accounts for just 5 per cent of the global silk market — the bulk of Indian silk thread and silk cloth is consumed domestically.
The sericulture industry is land-based as silkworm rearing involves over 700,000 farm families and is concentrated in the three southern states of Karnataka, Tamil Nadu and Andhra Pradesh.
The US (3 per cent) and the EU (2 per cent) are the largest markets for silk outside Asia, but with minuscule growth rates.
US imports of silk bed linen have almost doubled in the past two years, India commands a 40 per cent market share in the US silk bed linen market.
Over 90 per cent of the silk produced in India is multi-voltine in nature, while in the US and EU markets, the demand is mainly for bivoltine silk.
Of the 300,000 looms in the Indian silk weaving sector, only 10 per cent are powerloom; the rest are in the handloom sector.
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