Report Update: May 1, 2024

Myanmar - Nets of Twine, Cordage, Rope or Textile Materials - Market Analysis, Forecast, Size, Trends and Insights

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Price for Twine, Cordage or Textile Net in Myanmar - 2022

Price for Twine, Cordage or Textile Net in Myanmar (CIF) - 2022

In December 2022, the average import price for nets of twine, cordage, rope or textile materials amounted to $875 per ton, reducing by -7.5% against the previous month. In general, the import price, however, enjoyed a modest increase. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 76% against the previous month. Over the period under review, average import prices reached the peak figure at $1,279 per ton in September 2022; however, from October 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was China ($945 per ton), while the price for Thailand amounted to $690 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.8%).

Price for Twine, Cordage or Textile Net in Myanmar (FOB) - 2022

The average export price for nets of twine, cordage, rope or textile materials stood at $8,088 per ton in 2022, surging by 39% against the previous year. Over the period under review, the export price continues to indicate mild growth. The growth pace was the most rapid in 2020 an increase of 106%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($8,108 per ton), while the average price for exports to Thailand amounted to $2,188 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+64.2%), while the prices for the other major destinations experienced a decline.

Imports of Twine, Cordage or Textile Net in Myanmar

In 2022, approx. 3.6K tons of nets of twine, cordage, rope or textile materials were imported into Myanmar; falling by -19.6% on 2021. Over the period under review, imports faced a significant contraction. The smallest decline of -18% was in 2021.

In value terms, twine, cordage or textile net imports dropped to $3.8M in 2022. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 6.1% against the previous year. As a result, imports attained the peak of $6.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Twine, Cordage or Textile Net in Myanmar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.3	5.3	3.5	3.0	-11.3%
Thailand	1.4	0.9	0.5	0.7	-20.6%
Others	0.2	0.1	0.3	0.1	-20.6%
Total	5.9	6.2	4.3	3.8	-13.6%

Top Suppliers of Twine, Cordage or Textile Net to Myanmar in 2022:

China (3.0K tons)
Thailand (0.6K tons)

Exports of Twine, Cordage or Textile Net in Myanmar

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials increased by 263% to 120 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt curtailment.

In value terms, twine, cordage or textile net exports soared to $970K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Twine, Cordage or Textile Net in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	182	240	175	969	74.6%
Japan	116	N/A	16.9	N/A	-61.8%
China	62.7	N/A	N/A	N/A	0%
United States	N/A	95.7	N/A	N/A	0%
Others	0.4	N/A	N/A	0.9	31.0%
Total	362	336	192	970	38.9%

Top Export Markets for Twine, Cordage or Textile Net from Myanmar in 2022:

South Korea (119.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for twine, cordage or textile net in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13941233 - Made-up fishing nets from twine, cordage or rope of manmade fibres (excluding fish landing nets)
Prodcom 13941235 - Made-up fishing nets from yarn of man-made fibres (excluding fish landing nets)
Prodcom 13941253 - Made-up nets from twine, cable or rope of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets)
Prodcom 13941255 - Made-up nets of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets, those made from twine, cable or rope)
Prodcom 13941259 - Knotted netting of textile materials (excluding made-up fishing nets of man-made textiles, other made-up nets of nylon or other polyamides)

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023