Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Myanmar - 2023
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Myanmar (FOB) - 2022
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Myanmar
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Myanmar (FOB) - 2022
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $6,169 per ton in 2022, reducing by -16.4% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $12,106 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($19,873 per ton), while the average price for exports to China ($1,913 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Myanmar
For the fourth consecutive year, Myanmar recorded growth in overseas shipments of fabrics, knitted or crocheted, of a width of > 30 cms, which increased by 233% to 62 tons in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $385K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 23.2 | 15.2 | 7.4 | 212 | 109.1% |
| Vietnam | 5.8 | 4.4 | 4.5 | 58.7 | 116.3% |
| Hong Kong SAR | 13.5 | 10.1 | 3.1 | 48.0 | 52.6% |
| China | 11.0 | 57.5 | 39.3 | 36.1 | 48.6% |
| Thailand | 7.6 | 24.1 | 40.0 | 17.3 | 31.5% |
| Cambodia | 49.1 | N/A | 28.8 | N/A | -23.4% |
| Others | 42.9 | 36.6 | 14.9 | 13.0 | -32.8% |
| Total | 153 | 148 | 138 | 385 | 36.0% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Myanmar in 2022:
- China (18.9 tons)
- Hong Kong SAR (18.2 tons)
- Israel (16.9 tons)
- Vietnam (5.9 tons)
- Thailand (2.1 tons)
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