Myanmar - Primary Fiber Crops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrimary Fiber Crops Price in Myanmar - 2022
Contents:
- Primary Fiber Crops Price in Myanmar (FOB) - 2022
- Primary Fiber Crops Price in Myanmar (CIF) - 2022
- Primary Fiber Crops Exports in Myanmar
- Primary Fiber Crops Imports in Myanmar
Primary Fiber Crops Price in Myanmar (FOB) - 2022
The average primary fiber crops export price stood at $1,774 per ton in 2022, falling by -10.8% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices hit record highs at $3,088 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,801 per ton), while the average price for exports to South Korea ($333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.1%), while the prices for the other major destinations experienced a decline.
Primary Fiber Crops Price in Myanmar (CIF) - 2022
The average primary fiber crops import price stood at $1,194 per ton in 2022, jumping by 45% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 289% against the previous year. As a result, import price reached the peak level of $4,408 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,074 per ton), while the price for Bangladesh ($703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+122.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Primary Fiber Crops Exports in Myanmar
In 2022, the amount of fiber crops (primary) exported from Myanmar surged to 14K tons, jumping by 39% on the previous year's figure. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 81% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, primary fiber crops exports soared to $24M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Primary Fiber Crops in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.3 | 22.5 | 19.2 | 24.0 | 9.5% |
| Indonesia | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 18.5 | 22.6 | 19.6 | 24.3 | 9.5% |
Top Export Markets for Primary Fiber Crops from Myanmar in 2022:
- China (13.3K tons)
- Indonesia (0.2K tons)
Primary Fiber Crops Imports in Myanmar
In 2022, the amount of fiber crops (primary) imported into Myanmar soared to 940 tons, picking up by 37% on the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, primary fiber crops imports skyrocketed to $1.1M in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 263%. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Primary Fiber Crops in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.5 | 211 | 19.5 | 436 | 186.7% |
| Thailand | 63.9 | 621 | 77.2 | 252 | 58.0% |
| Bangladesh | 161 | 310 | 171 | 241 | 14.4% |
| Vietnam | N/A | N/A | N/A | 85.4 | 0% |
| South Korea | N/A | N/A | N/A | 45.5 | 0% |
| India | 77.1 | 46.1 | 82.6 | 5.7 | -58.0% |
| Turkey | N/A | N/A | 120 | N/A | 0% |
| Others | 20.3 | 48.7 | 96.2 | 58.3 | 42.1% |
| Total | 341 | 1,237 | 566 | 1,123 | 48.8% |
Top Suppliers of Primary Fiber Crops to Myanmar in 2022:
- Bangladesh (342.4 tons)
- Thailand (259.2 tons)
- China (247.6 tons)
- Vietnam (62.2 tons)
- South Korea (22.1 tons)
- India (2.7 tons)
This report provides an in-depth analysis of the primary fiber crops market 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:
- FCL 767 - Cotton Lint
- FCL 328 - [Seed Cotton]
- FCL 773 - Flax fibre and tow
- FCL 777 - Hemp fibre and tow
- FCL 780 - Jute
- FCL 782 - Jute-like fibres
- FCL 809 - Abaca manila hemp
- FCL 800 - Agave fibres nes
- FCL 310 -
- FCL 821 - Fibre crops nes
- FCL 788 - Ramie
- FCL 789 - Sisal
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the primary fiber crops market in Myanmar.
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This report provides an in-depth analysis of the global primary fiber crops market.
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This report provides an in-depth analysis of the primary fiber crops market in Myanmar.
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