Myanmar - Watch Straps, Bands And Bracelets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBracelet Price in Myanmar - 2022
Contents:
- Bracelet Price in Myanmar (FOB) - 2022
- Bracelet Price in Myanmar (CIF) - 2022
- Bracelet Exports in Myanmar
- Bracelet Imports in Myanmar
Bracelet Price in Myanmar (FOB) - 2022
In 2022, the average bracelet export price amounted to $2.7 per unit, which is down by -18.2% against the previous year. Overall, the export price continues to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 42%. The export price peaked at $2,937 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2019 to 2022, the rate of growth in terms of prices for China amounted to -90.3% per year.
Bracelet Price in Myanmar (CIF) - 2022
In 2022, the average bracelet import price amounted to less than $0.1 per unit, falling by -17.2% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 an increase of 539%. As a result, import price reached the peak level of $0.3 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($0.3 per unit), while the price for Thailand (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.6%).
Bracelet Exports in Myanmar
In 2022, approx. 363K units of watch straps, bands and bracelets were exported from Myanmar; rising by 28% on 2021 figures. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 142,299% against the previous year. As a result, the exports attained the peak of 443K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, bracelet exports rose sharply to $987K in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Bracelet in Myanmar (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 273 | 589 | 940 | 986 | 53.4% |
Hong Kong SAR | 640 | 445 | N/A | N/A | -30.5% |
Others | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
Total | 913 | 1,034 | 940 | 987 | 2.6% |
Top Export Markets for Bracelet from Myanmar in 2022:
- China (362.8K units)
Bracelet Imports in Myanmar
In 2022, imports of watch straps, bands and bracelets into Myanmar skyrocketed to 1.3M units, with an increase of 53% on the previous year. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 285% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, bracelet imports skyrocketed to $31K in 2022. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 343%. As a result, imports reached the peak of $57K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Bracelet in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.2 | 4.0 | 23.7 | 17.2 | 12.1% |
Thailand | N/A | N/A | N/A | 10.9 | 0% |
United States | N/A | 0.5 | N/A | N/A | 0% |
Others | 0.7 | 52.7 | 0.4 | 2.5 | 52.9% |
Total | 12.9 | 57.2 | 24.1 | 30.6 | 33.4% |
Top Suppliers of Bracelet to Myanmar in 2022:
- China (630.3K units)
- Thailand (614.6K units)
This report provides an in-depth analysis of the bracelet 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 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the bracelet market in Myanmar.
This report provides an in-depth analysis of the global bracelet market.
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This report provides an in-depth analysis of the bracelet market in Myanmar.
This report provides an in-depth analysis of the global bracelet market.
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