Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar (FOB) - 2023
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar (CIF) - 2022
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar (FOB) - 2023
In December 2023, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $7.0 per unit, jumping by 19% against the previous month. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in March 2023 an increase of 232% against the previous month. The export price peaked at $15.8 per unit in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($15.5 per unit), while the average price for exports to Spain totaled $4.8 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $4.7 per unit in 2022, reducing by -32% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $18 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.3% per year.
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar
In 2022, after three years of growth, there was significant decline in shipments abroad of track suits; of synthetic fibres, knitted or crocheteds, when their volume decreased by -36.5% to 317K units. Overall, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2020 with an increase of 53%. Over the period under review, the exports of attained the peak figure at 500K units in 2021, and then declined rapidly in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds fell to $2.1M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 73% against the previous year. Over the period under review, the exports of attained the peak figure at $2.3M in 2021, and then contracted in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 265 | 959 | 1,306 | 914 | 51.1% |
| Spain | 836 | 825 | 985 | 515 | -14.9% |
| France | N/A | N/A | N/A | 344 | 0% |
| Germany | 36.4 | N/A | 56.3 | 99.0 | 39.6% |
| Canada | N/A | N/A | N/A | 73.2 | 0% |
| Thailand | N/A | N/A | N/A | 60.3 | 0% |
| Belgium | N/A | 98.0 | N/A | N/A | 0% |
| Others | 6.4 | 101 | 0.9 | 55.9 | 105.9% |
| Total | 1,144 | 1,983 | 2,348 | 2,062 | 21.7% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Myanmar in 2022:
- Spain (143.3K units)
- South Korea (119.8K units)
- France (21.4K units)
- Thailand (10.1K units)
- Germany (8.7K units)
- Canada (7.8K units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar
Imports of track suits; of synthetic fibres, knitted or crocheteds into Myanmar surged to 101K units in 2022, jumping by 1,254% against the previous year. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $475K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.3 | 98.1 | 48.4 | 471 | 237.1% |
| Others | 0.2 | 7.9 | 3.2 | 4.8 | 188.4% |
| Total | 12.5 | 106 | 51.6 | 475 | 236.2% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Myanmar in 2022:
- China (100.9K units)
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