Report Myanmar - Blankets and Travelling Rugs of Synthetic Fibres - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 19, 2023

Myanmar - Blankets and Travelling Rugs of Synthetic Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2023

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Myanmar

In 2021, the Myanmar's market for blankets and travelling rugs of synthetic fibres decreased by -43.8% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a pronounced reduction. Travelling rugs of synthetic fibre consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Myanmar

In 2021, the amount of blankets and travelling rugs of synthetic fibres exported from Myanmar surged to X units, rising by 56% against the previous year's figure. Over the period under review, exports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2019 with an increase of 524% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre exports soared to $X in 2021. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 726% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Japan (X units) and Hong Kong SAR (X units) were the main destinations of travelling rugs of synthetic fibre exports from Myanmar, with a combined 87% share of total exports. These countries were followed by Germany, Canada, Austria, the United Arab Emirates, Thailand and South Korea, which together accounted for a further 11%.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of +395.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for travelling rugs of synthetic fibre exported from Myanmar were Hong Kong SAR ($X), Japan ($X) and the United States ($X), with a combined 89% share of total exports. Canada, Germany, Austria, the United Arab Emirates, Thailand and South Korea lagged somewhat behind, together accounting for a further 8.4%.

Among the main countries of destination, Canada, with a CAGR of +685.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2021, waning by -13.3% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, travelling rugs of synthetic fibre export price decreased by -20.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+53.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Myanmar

In 2021, overseas purchases of blankets and travelling rugs of synthetic fibres decreased by -50.9% to X units, falling for the second year in a row after two years of growth. Overall, imports, however, saw modest growth. The pace of growth was the most pronounced in 2016 when imports increased by 78% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre imports dropped dramatically to $X in 2021. In general, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2015 with an increase of 25% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of travelling rugs of synthetic fibre to Myanmar, with a 96% share of total imports. Moreover, travelling rugs of synthetic fibre imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of travelling rugs of synthetic fibre to Myanmar, comprising 93% of total imports. The second position in the ranking was held by India ($X), with a 6.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -3.1%.

Import Prices by Country

In 2021, the average import price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, surging by 30% against the previous year. Overall, the import price, however, saw a perceptible decline. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+1.1%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for blankets and travelling rugs of synthetic fibres in the world?
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The United States remains the largest travelling rugs of synthetic fibre consuming country worldwide, comprising approx. 22% of total volume. Moreover, travelling rugs of synthetic fibre consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was taken by India, with a 5.1% share.
What are the largest producers of blankets and travelling rugs of synthetic fibres in the world?
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The country with the largest volume of travelling rugs of synthetic fibre production was China, comprising approx. 61% of total volume. Moreover, travelling rugs of synthetic fibre production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was taken by Pakistan, with a 2.2% share.
What are the leading suppliers of blankets and travelling rugs of synthetic fibres to Myanmar?
+
In value terms, China constituted the largest supplier of travelling rugs of synthetic fibre to Myanmar, comprising 93% of total imports. The second position in the ranking was taken by India, with a 6.8% share of total imports.
What are the leading importers of blankets and travelling rugs of synthetic fibres from Myanmar?
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In value terms, Hong Kong SAR, Japan and the United States constituted the largest markets for travelling rugs of synthetic fibre exported from Myanmar worldwide, together accounting for 89% of total exports. These countries were followed by Canada, Germany, Austria, the United Arab Emirates, Thailand and South Korea, which together accounted for a further 8.4%.
What is the average export price for blankets and travelling rugs of synthetic fibres in Myanmar?
+
The average export price for blankets and travelling rugs of synthetic fibres stood at $14 per unit in 2021, which is down by -13.3% against the previous year.
What is the average import price for blankets and travelling rugs of synthetic fibres in Myanmar?
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In 2021, the average import price for blankets and travelling rugs of synthetic fibres amounted to $4.2 per unit, growing by 30% against the previous year.

This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre 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 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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