Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar (FOB) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar (CIF) - 2022
  3. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar
  4. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar (FOB) - 2022

The average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $48,721 per ton in 2022, growing by 1,074% against the previous year. In general, the export price recorded significant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 1,148% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61,720 per ton), while the average price for exports to Japan totaled $16,196 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6,796.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar (CIF) - 2022

In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $1,640 per ton, with a decrease of -46.8% against the previous year. Overall, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2020 an increase of 118%. Over the period under review, average import prices hit record highs at $3,082 per ton in 2021, and then fell rapidly in the following year.

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 the United States ($4,302 per ton), while the price for China ($1,362 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced a decline.

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar

Exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses from Myanmar skyrocketed to 2.5 tons in 2022, jumping by 1,987% on 2021 figures. In general, exports, however, continue to indicate a significant decline.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses skyrocketed to $121K in 2022. Over the period under review, exports enjoyed a significant increase.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1090%
JapanN/AN/AN/A11.50%
Spain6.1N/AN/AN/A0%
Thailand13.9N/A0.5N/A-81.0%
GermanyN/A87.5N/AN/A0%
ChinaN/A11.5N/AN/A0%
AustriaN/A27.0N/AN/A0%
LuxembourgN/A35.5N/AN/A0%
Singapore21.4N/AN/AN/A0%
Others0.80.7N/AN/A-12.5%
Total42.21620.512142.1%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Myanmar in 2022:

  1. United States (1.8 tons)
  2. Japan (0.7 tons)

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar

In 2022, supplies from abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -63.6% to 70 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of 306 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses declined markedly to $114K in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 299% against the previous year. As a result, imports attained the peak of $683K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China88.717412178.5-4.0%
Thailand24.229821515.8-13.2%
Vietnam1.7N/A25.86.657.2%
United States0.10.34.34.8263.4%
GermanyN/A202145N/A-28.2%
Others56.59.677.98.6-46.6%
Total171683589114-12.6%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Myanmar in 2022:

  1. China (57.6 tons)
  2. Thailand (7.5 tons)
  3. Vietnam (2.4 tons)
  4. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

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