Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Myanmar - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Myanmar (CIF) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Myanmar
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Myanmar (CIF) - 2022
In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $916 per unit, rising by 50% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 50%. Over the period under review, average import prices attained the maximum at $1,365 per unit in 2013; however, from 2014 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 Taiwan (Chinese) ($3,484 per unit), while the price for Malaysia ($132 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Myanmar
In 2022, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into Myanmar shrank markedly to 67 units, which is down by -91.7% compared with the previous year's figure. In general, imports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 105% against the previous year. Over the period under review, imports of attained the peak figure at 2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses declined rapidly to $61K in 2022. Over the period under review, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 151%. Imports peaked at $672K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 79.0 | 63.9 | 75.2 | 26.7 | -30.3% |
| China | 416 | 85.4 | 110 | 14.3 | -67.5% |
| Taiwan (Chinese) | 41.5 | 34.4 | 39.9 | 13.9 | -30.6% |
| Vietnam | 8.0 | 9.3 | 12.3 | 4.9 | -15.1% |
| Thailand | 0.9 | 1.2 | 255 | 0.9 | 0.0% |
| Others | 126 | 2.0 | 1.3 | 0.6 | -83.2% |
| Total | 672 | 196 | 493 | 61.4 | -55.0% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Myanmar in 2022:
- Vietnam (28.0 units)
- China (20.0 units)
- Japan (9.0 units)
- Taiwan (Chinese) (4.0 units)
- Thailand (2.0 units)
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