Is silk overpriced?

Could you please elaborate on the topic of whether silk is overpriced? Do you believe that the cost of silk reflects its true value? Or do you think it's priced higher than what it's worth? If so, what factors might contribute to this inflated pricing? Is it due to limited supply, high production costs, or perhaps a combination of both? Additionally, how does the pricing of silk compare to other luxury materials in the market? Could you provide any insights into the demand for silk and whether it justifies its current pricing? Finally, do you have any suggestions for consumers who are considering purchasing silk products but are concerned about the price? Thank you for your thoughts on this matter.