Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Myanmar - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Myanmar (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Myanmar

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Myanmar (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $6,525 per ton in 2022, shrinking by -10.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 27%. The import price peaked at $9,719 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2013 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +1.3% per year.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Myanmar

After two years of growth, purchases abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -36.8% to 40 tons in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 136% against the previous year. As a result, imports reached the peak of 63 tons, and then contracted sharply in the following year.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds dropped remarkably to $260K in 2022. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. As a result, imports reached the peak of $458K, and then dropped remarkably in the following year.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Thailand2.019.32601040.2%
Taiwan (Chinese)84.6146N/A72.6%
China107283N/A164.5%
Others6.010.1N/A68.3%
Total20045826014.0%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Myanmar in 2022:

  1. Thailand (39.8 tons)

Source: IndexBox Market Intelligence Platform

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