Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $3,560 per unit in 2022, increasing by 6.9% against the previous year. In general, the import price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 77% against the previous year. Over the period under review, average import prices attained the peak figure at $9,504 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($3,730 per unit), while the price for Thailand ($508 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $963 per unit in 2020, reducing by -12.5% against the previous year. In general, the export price recorded a sharp curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 69% against the previous year. As a result, the export price reached the peak level of $4,980 per unit. From 2018 to 2020, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2016 to 2020, the rate of growth in terms of prices for South Korea amounted to +206.9% per year.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar
Imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into Myanmar skyrocketed to 189 units in 2022, with an increase of 17% compared with the year before. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports reached the peak of 205 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $673K in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 22.0 | 108 | 393 | 645 | 208.4% |
| China | 572 | 459 | 138 | 19.3 | -67.7% |
| Thailand | 1.1 | 1.5 | 0.3 | 2.5 | 31.5% |
| Others | 0.3 | 13.6 | 8.2 | 5.7 | 166.8% |
| Total | 595 | 582 | 540 | 673 | 4.2% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Myanmar in 2022:
- Japan (173.0 units)
- China (9.0 units)
- Thailand (5.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar
In 2020, approx. 1 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were exported from Myanmar; with a decrease of -98.8% against 2019 figures. In general, exports showed a dramatic decline. The exports peaked at 84 units in 2019, and then dropped sharply in the following year.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms shrank remarkably to $963 in 2020. Overall, exports showed a sharp downturn. Over the period under review, the exports of reached the maximum at $92K in 2019, and then shrank remarkably in the following year.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Thailand | N/A | 1.0 | 0% | ||
| India | 92.4 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 92.4 | 1.0 | -98.9% | ||
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Myanmar in 2022:
- Thailand (1.0 units)
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