Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $3,028 per ton, falling by -54% against the previous year. Over the period under review, the import price faced a deep contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 59%. As a result, import price reached the peak level of $10,432 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 ($8,280 per ton), while the price for China ($2,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $3,441 per ton, declining by -24.6% against the previous year. Overall, the export price, however, recorded perceptible growth. The growth pace was the most rapid in 2021 an increase of 47%. As a result, the export price attained the peak level of $4,563 per ton, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($23,895 per ton), while the average price for exports to India ($3,032 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+635.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar
In 2022, purchases abroad of wadding; other articles thereof, of man-made fibreses was finally on the rise to reach 6.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses surged to $20M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.2 | 0.1 | 12.0 | 674.6% |
| Philippines | 2.5 | 2.9 | 0.7 | 4.6 | 22.5% |
| Japan | 5.3 | 5.8 | 2.1 | 1.4 | -35.8% |
| Thailand | 0.3 | 0.1 | 2.6 | 0.9 | 44.2% |
| Vietnam | N/A | N/A | 0.1 | 0.5 | 400.0% |
| South Korea | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
| Others | 0.5 | 0.6 | 0.8 | 0.4 | -7.2% |
| Total | 9.1 | 9.7 | 6.5 | 19.9 | 29.8% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Myanmar in 2022:
- China (5171.1 tons)
- Philippines (614.6 tons)
- Thailand (309.8 tons)
- Vietnam (179.8 tons)
- Japan (172.9 tons)
- South Korea (38.7 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar
In 2022, approx. 1 tons of wadding; other articles thereof, of man-made fibreses were exported from Myanmar; rising by 72% compared with 2021 figures. In general, exports, however, recorded a abrupt downturn.
In value terms, exports of wadding; other articles thereof, of man-made fibreses soared to $3.6K in 2022. Over the period under review, exports, however, showed a deep contraction.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| India | 0.8 | 1.3 | 2.8 | 87.1% | |
| Czech Republic | N/A | N/A | 0.5 | 0% | |
| China | 0.1 | 1.1 | 0.3 | 73.2% | |
| Vietnam | 1.2 | 0.1 | N/A | -91.7% | |
| Saudi Arabia | 2.3 | N/A | N/A | 0% | |
| Others | N/A | 0.3 | N/A | 0% | |
| Total | 4.4 | 2.8 | 3.6 | -9.5% | |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Myanmar in 2022:
- India (932.0 kg)
- China (93.0 kg)
- Czech Republic (19.0 kg)
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