Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Myanmar - 2023

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Myanmar (CIF) - 2022
  2. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Myanmar

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Myanmar (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $1,959 per unit, almost unchanged from the previous year. Overall, the import price saw a precipitous decrease. The growth pace was the most rapid in 2018 an increase of 205% against the previous year. The import price peaked at $23,929 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 India amounted to -8.9% per year.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Myanmar

In 2022, supplies from abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by 0% to 152 units, falling for the second consecutive year after two years of growth. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses totaled $413K in 2022. Overall, imports showed significant growth. The smallest decline of -85.8% was in 2020. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18810.7N/A41330.0%
Taiwan (Chinese)N/A16.0N/AN/A0%
United StatesN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total18826.7N/A41330.0%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Myanmar in 2022:

  1. China (152.0 units)

Source: IndexBox Market Intelligence Platform

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