Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Myanmar - 2022

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar (FOB) - 2022
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar (CIF) - 2022
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar (FOB) - 2022

In December 2022, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $4.4 per unit, reducing by -12.2% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 27% month-to-month. Over the period under review, the average export prices attained the peak figure at $6.0 per unit in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Sweden ($5.6 per unit), while the average price for exports to Norway ($3.2 per unit) 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 the Netherlands (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $2.4 per unit, which is down by -17.7% against the previous year. Overall, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 an increase of 27%. The import price peaked at $12 per unit in 2014; however, from 2015 to 2022, 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 ($33 per unit), while the price for China stood at $2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+475.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Myanmar totaled 31M units in 2022, surging by 6.7% on 2021. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted surged to $158M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom15.323.936.827.721.9%
Germany8.88.910.126.344.0%
Japan6.34.34.814.832.9%
United States5.46.06.612.431.9%
Belgium5.96.65.912.428.1%
Poland2.64.96.812.167.0%
Netherlands7.714.521.18.11.7%
Sweden3.13.13.96.125.3%
Spain6.414.016.35.8-3.2%
France1.30.40.22.422.7%
Thailand0.80.71.42.137.9%
Others16.819.522.127.718.1%
Total80.210713615825.4%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Myanmar in 2022:

  1. Germany (5.8M units)
  2. United Kingdom (4.7M units)
  3. Japan (3.2M units)
  4. Belgium (2.4M units)
  5. Poland (2.2M units)
  6. United States (2.1M units)
  7. Netherlands (2.0M units)
  8. Spain (1.4M units)
  9. France (0.8M units)
  10. Sweden (0.8M units)
  11. Thailand (0.5M units)

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar

For the third consecutive year, Myanmar recorded decline in purchases abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, which decreased by -33.3% to 56K units in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -6.1% was in 2020. Imports peaked at 146K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted fell rapidly to $134K in 2022. Overall, imports recorded a dramatic decrease. The smallest decline of -7% was in 2020. Over the period under review, imports of reached the maximum at $701K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China201589130112-17.7%
Thailand30310.613.715.3-63.0%
India12730.916.40.1-90.8%
Others70.120.483.66.0-55.9%
Total701651244134-42.4%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Myanmar in 2022:

  1. China (55.5K units)
  2. Thailand (0.5K units)

Source: IndexBox Market Intelligence Platform

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