Myanmar: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Myanmar

The Myanmar's market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap contracted markedly to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Myanmar

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap shrank to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Myanmar

In 2022, approx. X pairs of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were exported from Myanmar; jumping by X% against the previous year. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X pairs) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Myanmar, accounting for a X% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Germany exceeded the volume sent to the second major destination, Japan (X pairs), threefold. Italy (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per pair, picking up by X% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per pair. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per pair), while the average price for exports to Japan ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Myanmar

Imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap into Myanmar skyrocketed to X pairs in 2022, rising by X% compared with 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap soared to $X in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier to Myanmar, accounting for a X% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from China exceeded the figures recorded by the second-largest supplier, Thailand (X pairs), threefold.

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

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Myanmar, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.

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

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per pair in 2022, increasing by X% against the previous year. Overall, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per pair in 2013; however, from 2014 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 China ($X per pair), while the price for India ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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