Myanmar - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Bag Price in Myanmar - 2022
Contents:
- Cotton Bag Price in Myanmar (CIF) - 2022
- Cotton Bag Price in Myanmar (FOB) - 2022
- Cotton Bag Imports in Myanmar
- Cotton Bag Exports in Myanmar
Cotton Bag Price in Myanmar (CIF) - 2022
In 2022, the average cotton bag import price amounted to $5,913 per ton, with an increase of 61% against the previous year. In general, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 324%. As a result, import price attained the peak level of $14,752 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($34,523 per ton), while the price for South Korea ($1,699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.3%), while the prices for the other major suppliers experienced a decline.
Cotton Bag Price in Myanmar (FOB) - 2022
In 2022, the average cotton bag export price amounted to $16,731 per ton, falling by -11.4% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 109% against the previous year. The export price peaked at $18,885 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($51,223 per ton), while the average price for exports to South Korea ($12,116 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 China (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.
Cotton Bag Imports in Myanmar
In 2022, cotton bag imports into Myanmar declined rapidly to 982 kg, which is down by -51.6% compared with the year before. Over the period under review, imports showed a deep slump. The growth pace was the most rapid in 2021 when imports increased by 620%. As a result, imports reached the peak of 2 tons, and then contracted significantly in the following year.
In value terms, cotton bag imports reduced remarkably to $5.8K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 79%. As a result, imports reached the peak of $7.5K, and then dropped sharply in the following year.
Import of Cotton Bag in Myanmar (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 949 | 2,713 | 1,802 | 2,308 | 34.5% |
China | 875 | 712 | 2,308 | 1,376 | 16.3% |
Japan | 730 | 197 | 1,875 | 1,118 | 15.3% |
Taiwan (Chinese) | 347 | 407 | 1,139 | 719 | 27.5% |
India | 144 | 105 | 121 | 161 | 3.8% |
South Korea | 12.0 | 21.0 | 194 | 116 | 113.0% |
Belgium | 1,229 | N/A | N/A | N/A | 0% |
Others | 153 | 5.0 | 11.0 | 7.0 | -64.2% |
Total | 4,439 | 4,160 | 7,450 | 5,805 | 9.4% |
Top Suppliers of Cotton Bag to Myanmar in 2022:
- Japan (644.0 kg)
- Taiwan (Chinese) (108.0 kg)
- China (78.0 kg)
- South Korea (68.0 kg)
- Thailand (67.0 kg)
- India (16.0 kg)
Cotton Bag Exports in Myanmar
In 2022, cotton bag exports from Myanmar soared to 7.3 tons, picking up by 69% on the previous year. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,809%. As a result, the exports reached the peak of 8.6 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cotton bag exports surged to $122K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,903% against the previous year. As a result, the exports reached the peak of $162K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Cotton Bag in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.8 | 129 | 53.3 | 83.4 | 180.0% |
China | 1.3 | 30.0 | 25.0 | 32.8 | 193.3% |
South Korea | 0.1 | 3.4 | 3.4 | 5.3 | 275.6% |
Others | 0.2 | 0.3 | N/A | 0.6 | 44.2% |
Total | 5.4 | 162 | 81.7 | 122 | 182.7% |
Top Export Markets for Cotton Bag from Myanmar in 2022:
- United States (6.1 tons)
- China (0.6 tons)
- South Korea (0.4 tons)
This report provides an in-depth analysis of the cotton bag market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cotton bag market in Myanmar.
This report provides an in-depth analysis of the sack and bag market in Myanmar.
This report provides an in-depth analysis of the global cotton bag market.
This report provides an in-depth analysis of the global sack and bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
This report provides an in-depth analysis of the cotton bag market in Myanmar.
This report provides an in-depth analysis of the sack and bag market in Myanmar.
This report provides an in-depth analysis of the global cotton bag market.
This report provides an in-depth analysis of the global sack and bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...