Report Update Apr 1, 2024

Myanmar - Cotton Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Cotton Yarn Market 2024

Cotton Yarn Market Size in Myanmar

In 2022, the Myanmar's cotton yarn market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cotton Yarn Production in Myanmar

In value terms, cotton yarn production declined to $X in 2022 estimated in export price. Overall, production showed a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Cotton yarn production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Cotton Yarn Exports

Exports from Myanmar

In 2022, overseas shipments of cotton yarn decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton yarn exports shrank notably to $X in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for cotton yarn exports from Myanmar, with a X% share of total exports. It was followed by India (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%.

In value terms, China ($X) remains the key foreign market for cotton yarn exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at X%.

Export Prices by Country

The average cotton yarn export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price faced a significant contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Cotton Yarn Imports

Imports into Myanmar

After three years of decline, overseas purchases of cotton yarn increased by X% to X tons in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cotton yarn imports skyrocketed to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), China (X tons) and Thailand (X tons) were the main suppliers of cotton yarn imports to Myanmar, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of cotton yarn to Myanmar, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Thailand (X% per year).

Import Prices by Country

The average cotton yarn import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton yarn in the world?

The countries with the highest volumes of consumption in 2023 were China, India and Pakistan, with a combined 70% share of global consumption.

What are the largest producers of cotton yarn in the world?

The countries with the highest volumes of production in 2022 were China, India and Pakistan, with a combined 69% share of global production. Turkey, Vietnam, the United States and Uzbekistan lagged somewhat behind, together accounting for a further 17%.

What are the leading suppliers of cotton yarn to Myanmar?

In value terms, India constituted the largest supplier of cotton yarn to Myanmar, comprising 53% of total imports. The second position in the ranking was taken by China, with a 26% share of total imports.

What are the leading importers of cotton yarn from Myanmar?

In value terms, China remains the key foreign market for cotton yarn exports from Myanmar, comprising 79% of total exports. The second position in the ranking was taken by India, with a 5.4% share of total exports.

What is the average export price for cotton yarn in Myanmar?

The average cotton yarn export price stood at $822 per ton in 2022, shrinking by -25.5% against the previous year.

What is the average import price for cotton yarn in Myanmar?

In 2022, the average cotton yarn import price amounted to $2,155 per ton, surging by 16% against the previous year.

This report provides an in-depth analysis of the cotton yarn 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:

Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023