
Myanmar - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Market for Woven Pile Fabrics And Chenille Fabrics 2022
Market Size for Woven Pile Fabrics And Chenille Fabrics in Myanmar
After four years of growth, the Myanmar's pile and chenille fabric market decreased by -X% to $X in 2021. Over the period under review, consumption, however, showed a perceptible expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank rapidly in the following year.
Exports of Woven Pile Fabrics And Chenille Fabrics
Exports from Myanmar
In 2021, shipments abroad of woven pile fabrics and chenille fabrics was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.
In value terms, pile and chenille fabric exports contracted notably to $X in 2021. Overall, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
India (X tons) was the main destination for pile and chenille fabric exports from Myanmar, with a approx. X% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to India was relatively modest.
In value terms, India ($X) also remains the key foreign market for pile and chenille fabric exports from Myanmar.
From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to -X%.
Export Prices by Country
The average pile and chenille fabric export price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2021, the rate of growth in terms of prices for India amounted to -X% per year.
Imports of Woven Pile Fabrics And Chenille Fabrics
Imports into Myanmar
In 2021, after three years of growth, there was significant decline in overseas purchases of woven pile fabrics and chenille fabrics, when their volume decreased by -X% to X tons. In general, imports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2020, and then dropped markedly in the following year.
In value terms, pile and chenille fabric imports contracted rapidly to $X in 2021. Overall, imports, however, showed pronounced growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X tons) was the main supplier of pile and chenille fabric to Myanmar, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%.
In value terms, China ($X) constituted the largest supplier of pile and chenille fabric to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%.
Import Prices by Country
The average pile and chenille fabric import price stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for China stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pile and chenille fabric 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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