Myanmar - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMen Knitwear Price in Myanmar - 2022
Contents:
- Men Knitwear Price in Myanmar (FOB) - 2022
- Men Knitwear Price in Myanmar (CIF) - 2022
- Men Knitwear Exports in Myanmar
- Men Knitwear Imports in Myanmar
Men Knitwear Price in Myanmar (FOB) - 2022
In December 2022, the average men knitwear export price amounted to $4.2 per unit, waning by -9.4% against the previous month. Overall, the export price faced a abrupt descent. The pace of growth was the most pronounced in June 2022 when the average export price increased by 28% month-to-month. The export price peaked at $28.2 per unit in December 2021; however, from January 2022 to December 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($11.6 per unit), while the average price for exports to China ($621 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-3.3%), while the prices for the other major destinations experienced a decline.
Men Knitwear Price in Myanmar (CIF) - 2022
The average men knitwear import price stood at $0.3 per unit in 2022, reducing by -17.8% against the previous year. In general, the import price saw a abrupt slump. The growth pace was the most rapid in 2013 an increase of 270%. As a result, import price attained the peak level of $4.4 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2.7 per unit), while the price for Vietnam (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+746.3%), while the prices for the other major suppliers experienced a decline.
Men Knitwear Exports in Myanmar
Men knitwear exports from Myanmar rose markedly to 50M units in 2022, surging by 7.3% on the year before. Over the period under review, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 198% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, men knitwear exports surged to $240M in 2022. In general, exports showed a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 204%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Men Knitwear in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.0 | 0.9 | 21.8 | 30.8 | 213.5% |
| Japan | 41.0 | 13.5 | 20.4 | 26.5 | -13.5% |
| Thailand | 1.0 | 0.8 | 11.7 | 22.6 | 182.7% |
| United States | 6.4 | 5.2 | 16.9 | 20.5 | 47.4% |
| Germany | 14.1 | 8.8 | 14.6 | 20.5 | 13.3% |
| Spain | 13.7 | 6.3 | 15.0 | 17.0 | 7.5% |
| Netherlands | 16.2 | 10.8 | 22.2 | 16.9 | 1.4% |
| United Kingdom | 15.6 | 6.9 | 16.8 | 16.6 | 2.1% |
| Belgium | 3.9 | 1.7 | 9.7 | 13.9 | 52.8% |
| South Korea | 10.3 | 0.1 | 1.8 | 5.9 | -17.0% |
| Slovenia | 5.1 | 2.4 | 8.3 | 4.0 | -7.8% |
| Malaysia | 1.5 | 0.3 | 2.5 | 3.3 | 30.1% |
| China | 1.3 | 0.3 | 1.5 | 1.7 | 9.4% |
| Others | 15.0 | 6.6 | 32.9 | 40.0 | 38.7% |
| Total | 146 | 64.6 | 196 | 240 | 18.0% |
Top Export Markets for Men Knitwear from Myanmar in 2022:
- United States (5.5M units)
- Poland (5.3M units)
- United Kingdom (4.5M units)
- Japan (4.3M units)
- Netherlands (4.0M units)
- Germany (4.0M units)
- Spain (3.9M units)
- Thailand (2.7M units)
- China (2.0M units)
- Belgium (1.9M units)
- South Korea (1.9M units)
- Malaysia (1.2M units)
- Slovenia (0.9M units)
Men Knitwear Imports in Myanmar
In 2022, men knitwear imports into Myanmar soared to 52M units, jumping by 60% against the previous year. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.0% against 2020 indices. Imports peaked at 59M units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, men knitwear imports surged to $13M in 2022. Overall, imports, however, saw a perceptible shrinkage. Imports peaked at $16M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Men Knitwear in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 11.0 | 6.7 | 9.0 | -2.1% |
| Vietnam | 1.1 | 0.6 | 0.3 | 1.1 | 0.0% |
| Cameroon | N/A | N/A | N/A | 0.8 | 0% |
| Japan | 0.6 | 0.6 | 0.4 | 0.7 | 5.3% |
| Taiwan (Chinese) | 0.6 | 1.0 | 0.8 | 0.4 | -12.6% |
| South Korea | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Hong Kong SAR | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Germany | 0.8 | 0.5 | 0.3 | N/A | -38.8% |
| Indonesia | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | 1.3 | 2.0 | 1.0 | 0.9 | -11.5% |
| Total | 14.6 | 16.2 | 10.0 | 13.1 | -3.5% |
Top Suppliers of Men Knitwear to Myanmar in 2022:
- Vietnam (32.7M units)
- Japan (8.9M units)
- China (3.3M units)
- South Korea (2.5M units)
- Cameroon (1.7M units)
- Taiwan (Chinese) (0.8M units)
- Germany (0.3M units)
- Indonesia (0.2M units)
- Hong Kong SAR (0.2M units)
This report provides an in-depth analysis of the men knitwear 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 14131110 - Men
- Prodcom 14131120 - Men
- Prodcom 14131230 - Men
- Prodcom 14131260 - Men
- Prodcom 14131270 - Men
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
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