Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Myanmar - 2023

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Myanmar (CIF) - 2022
  2. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Myanmar

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Myanmar (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $19 per unit, rising by 3,769% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 3,836%. As a result, import price attained the peak level of $24 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25 per unit), while the price for Japan totaled $1.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.6%).

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Myanmar

In 2022, overseas purchases of articles of apparel, clothing accessories and other articles of furskin were finally on the rise to reach 3.4K units after two years of decline. In general, imports, however, showed a significant decline. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $64K in 2022. Over the period under review, imports, however, faced a precipitous decline. Imports peaked at $155K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1484.6N/A62.3-25.1%
JapanN/AN/AN/A1.40%
Others6.3N/A0.10.1-74.9%
Total1554.60.163.8-25.6%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Myanmar in 2022:

  1. China (2.5K units)
  2. Japan (0.8K units)

Source: IndexBox Market Intelligence Platform

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