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Store → Textiles, Apparel And Leather Goods → Other Textiles → Tyre Cord Fabric Of High Tenacity Yarn
Report Myanmar - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 27, 2023

Myanmar - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Tyre Cord Fabric Market 2023

Tyre Cord Fabric Market Size in Myanmar

In 2021, the Myanmar's tyre cord fabric market decreased by -17.4% to $X, falling for the third consecutive year after seven years of growth. Over the period under review, consumption, however, saw a significant expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Tyre Cord Fabric Exports

Exports from Myanmar

After four years of decline, shipments abroad of tyre cord fabric of high tenacity yarn decreased by 0% to X kg in 2019. Over the period under review, exports faced a dramatic contraction. The smallest decline of -46.5% was in 2015. Over the period under review, the exports hit record highs at X kg in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

In value terms, tyre cord fabric exports amounted to $X in 2019. Overall, exports showed a noticeable curtailment. The smallest decline of -44.3% was in 2015. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X kg) was the main destination for tyre cord fabric exports from Myanmar, with a 82% share of total exports. Moreover, tyre cord fabric exports to Indonesia exceeded the volume sent to the second major destination, Nepal (X kg), fourfold.

From 2014 to 2019, the average annual rate of growth in terms of volume to Indonesia was relatively modest.

From 2014 to 2019, the average annual growth rate of value to Indonesia was relatively modest.

Export Prices by Country

The average tyre cord fabric export price stood at $X per ton in 2019, approximately reflecting the previous year. Overall, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 56%. Over the period under review, the average export prices attained the maximum in 2019 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was Nepal ($X per ton), while the average price for exports to Indonesia totaled $X per ton.

From 2014 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tyre Cord Fabric Imports

Imports into Myanmar

In 2021, imports of tyre cord fabric of high tenacity yarn into Myanmar contracted to X tons, almost unchanged from 2020 figures. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2014 when imports increased by 1,032% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, tyre cord fabric imports contracted rapidly to $X in 2021. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2014 with an increase of 914% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Vietnam (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of tyre cord fabric imports to Myanmar, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +83.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Taiwan (Chinese) ($X) were the largest tyre cord fabric suppliers to Myanmar, with a combined 99% share of total imports.

Among the main suppliers, China, with a CAGR of +58.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tyre cord fabric import price stood at $X per ton in 2021, falling by -22.4% against the previous year. In general, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2019 an increase of 23%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.0%), while the prices for the other major suppliers experienced a decline.

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 tyre cord fabric of high tenacity yarn in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, with a combined 34% share of global consumption. These countries were followed by Germany, Indonesia, India, France, South Korea, Thailand, Mexico, the UK, Japan and Turkey, which together accounted for a further 30%.
What are the largest producers of tyre cord fabric of high tenacity yarn in the world?
+
China remains the largest tyre cord fabric producing country worldwide, accounting for 27% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Vietnam ranked third in terms of total production with an 8.8% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Myanmar?
+
In value terms, the largest tyre cord fabric suppliers to Myanmar were Vietnam, China and Taiwan Chinese), together comprising 99% of total imports.
What is the average export price for tyre cord fabric of high tenacity yarn in Myanmar?
+
In 2019, the average tyre cord fabric export price amounted to $20,500 per ton, stabilizing at the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Myanmar?
+
The average tyre cord fabric import price stood at $2,633 per ton in 2021, with a decrease of -22.4% against the previous year.

This report provides an in-depth analysis of the tyre cord fabric 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon
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

2.1
KEY FINDINGS
2.2
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

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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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