Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Myanmar - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Myanmar (CIF) - 2022
  2. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Myanmar

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Myanmar (CIF) - 2022

In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $0.9 per square meter, remaining constant against the previous year. In general, the import price continues to indicate a precipitous descent. The growth pace was the most rapid in 2020 an increase of 49%. Over the period under review, average import prices attained the maximum at $12 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.9 per square meter), while the price for Japan stood at $0.8 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-17.1%), while the prices for the other major suppliers experienced a decline.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Myanmar

In 2022, supplies from abroad of woven fabrics of combed wool or of combed fine animal hair decreased by -51.9% to 12K square meters, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 102% against the previous year. As a result, imports attained the peak of 2.1M square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair dropped markedly to $11K in 2022. In general, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 201% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4381,08616.610.7-71.0%
Japan5.5267N/A0.5-55.0%
Thailand61.04.1N/AN/A-93.3%
IndiaN/A92.8N/AN/A0%
Italy29.5177N/AN/A500.0%
Others25.251.67.0N/A-47.3%
Total5591,67923.611.2-72.8%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Myanmar in 2022:

  1. China (11.8K square meters)
  2. Japan (0.6K square meters)

Source: IndexBox Market Intelligence Platform

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