Myanmar - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Myanmar - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights

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Leather Apparel Price in Myanmar - 2022

Contents:

  1. Leather Apparel Price in Myanmar (CIF) - 2022
  2. Leather Apparel Price in Myanmar (FOB) - 2022
  3. Leather Apparel Imports in Myanmar
  4. Leather Apparel Exports in Myanmar

Leather Apparel Price in Myanmar (CIF) - 2022

The average leather apparel import price stood at $14 per unit in 2022, growing by 33% against the previous year. Overall, the import price, however, faced a dramatic setback. Over the period under review, average import prices reached the peak figure at $123 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($18 per unit), while the price for China ($13 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+37.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Leather Apparel Price in Myanmar (FOB) - 2022

The average leather apparel export price stood at $111 per unit in 2022, increasing by 9.1% against the previous year. In general, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 194%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +19.8% per year.

Leather Apparel Imports in Myanmar

In 2022, leather apparel imports into Myanmar reduced notably to 6.7K units, falling by -82.6% against 2021 figures. Overall, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 468% against the previous year. Over the period under review, imports attained the peak figure at 49K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, leather apparel imports declined dramatically to $97K in 2022. Over the period under review, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 651% against the previous year. Imports peaked at $534K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Leather Apparel in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.43.09.170.6269.5%
China0.138.45.121.8501.8%
Thailand1.90.11114.634.3%
South Korea18.10.533.3N/A35.6%
Vietnam510N/A29.5N/A-75.9%
Taiwan (Chinese)0.110.720.4N/A1328.3%
ItalyN/AN/A160N/A0%
PakistanN/AN/A16.0N/A0%
Others2.53.234.2N/A269.9%
Total53455.741897.0-43.4%

Top Suppliers of Leather Apparel to Myanmar in 2022:

  1. Japan (4.8K units)
  2. China (1.7K units)
  3. Thailand (0.3K units)

Leather Apparel Exports in Myanmar

In 2022, the amount of apparel of leather or of composition leather exported from Myanmar dropped remarkably to 31 units, which is down by -99.1% on 2021. In general, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of 3.5K units, and then fell notably in the following year.

In value terms, leather apparel exports reduced remarkably to $3.4K in 2022. Over the period under review, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 219%. As a result, the exports attained the peak of $356K, and then declined markedly in the following year.

Export of Leather Apparel in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2.30.7N/A3.413.9%
RussiaN/AN/A85.3N/A0%
Kuwait52.311.828.4N/A-26.3%
Switzerland12.42.722.3N/A34.1%
JordanN/AN/A177N/A0%
Austria8.7N/A2.5N/A-46.4%
France10.159.5N/AN/A489.1%
United Arab Emirates8.41.4N/AN/A-83.3%
El SalvadorN/AN/A1.8N/A0%
Italy12.0N/AN/AN/A0%
Others23.935.339.1N/A27.9%
Total1301123563.4-70.3%

Top Export Markets for Leather Apparel from Myanmar in 2022:

  1. South Korea (31.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the leather apparel 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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