Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Myanmar - 2023
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Myanmar (CIF) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Myanmar
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Myanmar (CIF) - 2022
In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $1.2 per square meter, with a decrease of -35.3% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 54%. As a result, import price attained the peak level of $4.1 per square meter. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($3.4 per square meter), while the price for the United States ($0.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.7%), while the prices for the other major suppliers experienced a decline.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Myanmar
In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Myanmar surged to 1.9M square meters, rising by 32% against the previous year's figure. Overall, imports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 157% against the previous year. Over the period under review, imports of reached the peak figure at 2M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair shrank to $2.3M in 2022. Over the period under review, imports, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Imports peaked at $5.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,595 | 726 | 1,806 | 1,230 | -30.1% |
| United States | 303 | 235 | 330 | 591 | 24.9% |
| Indonesia | 267 | 247 | 53.3 | 153 | -16.9% |
| Taiwan (Chinese) | 195 | 116 | 114 | 144 | -9.6% |
| South Korea | 47.7 | 76.5 | 159 | 73.6 | 15.6% |
| Japan | 274 | 100 | 41.7 | 18.7 | -59.1% |
| Italy | 322 | 46.5 | 21.1 | 16.5 | -62.9% |
| Others | 226 | 24.6 | 185 | 84.1 | -28.1% |
| Total | 5,230 | 1,571 | 2,710 | 2,312 | -23.8% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Myanmar in 2022:
- United States (1106.1K square meters)
- China (554.6K square meters)
- Taiwan (Chinese) (74.9K square meters)
- Indonesia (44.7K square meters)
- South Korea (43.2K square meters)
- Italy (11.7K square meters)
- Japan (8.4K square meters)
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