Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar - 2023

Contents:

1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar (CIF) - 2022
2. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar (FOB) - 2022
3. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar
4. Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar (CIF) - 2022

The average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $962 per thousand square meters in 2022, picking up by 15% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2017 an increase of 90%. Over the period under review, average import prices reached the peak figure at $2.3 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2.3 per square meter), while the price for China ($838 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.0%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar (FOB) - 2022

In 2022, the average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $2 per square meter, jumping by 72% against the previous year. In general, the export price, however, saw a deep downturn. The growth pace was the most rapid in 2016 an increase of 73%. The export price peaked at $5.3 per square meter in 2013; however, from 2014 to 2022, the export prices remained at a 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 South Korea ($5.8 per square meter), while the average price for exports to Hong Kong SAR ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar

In 2022, overseas purchases of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses increased by 475% to 27M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a significant decline. Imports peaked at 66M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses skyrocketed to $26M in 2022. In general, imports, however, showed a significant decrease. Over the period under review, imports of reached the maximum at $57M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Myanmar in 2022:

1. China (19.0M square meters)
2. Thailand (5.0M square meters)
3. Taiwan (Chinese) (1.3M square meters)
4. Japan (0.9M square meters)
5. South Korea (0.2M square meters)

Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Myanmar

In 2022, shipments abroad of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses decreased by -80.4% to 49K square meters, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 107%. As a result, the exports attained the peak of 283K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses dropped significantly to $98K in 2022. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. As a result, the exports reached the peak of $387K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Myanmar in 2022:

1. China (34.2K square meters)
2. Hong Kong SAR (9.2K square meters)
3. South Korea (2.9K square meters)
4. United States (1.8K square meters)

Source: IndexBox Market Intelligence Platform