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

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar (CIF) - 2023
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar (CIF) - 2023

In December 2023, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $3.9 per square meter, shrinking by -61.4% against the previous month. In general, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in November 2023 an increase of 194% against the previous month. As a result, import price reached the peak level of $10.1 per square meter, and then fell rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4.1 per square meter), while the price for Thailand amounted to $397 per thousand square meters.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+3.8%).

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

In 2020, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $107 per thousand square meters, reducing by -53.4% against the previous year. Overall, the export price saw a precipitous shrinkage. The export price peaked at $2.1 per square meter in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was China ($189 per thousand square meters), while the average price for exports to Cambodia ($75 per thousand square meters) was amongst the lowest.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (-29.9%).

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

Imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses into Myanmar skyrocketed to 24M square meters in 2022, with an increase of 69% compared with the year before. Overall, imports, however, recorded a abrupt setback. Imports peaked at 36M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $8.9M in 2022. In general, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.13.73.95.0-18.1%
Thailand0.61.62.22.867.1%
India0.20.11.11.071.0%
Others2.30.40.30.1-64.8%
Total12.15.77.58.9-9.7%

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

  1. China (13.9M square meters)
  2. Thailand (8.3M square meters)
  3. India (1.4M square meters)

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

In 2020, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses exported from Myanmar soared to 219K square meters, increasing by 715% compared with 2019. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $24K in 2020. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Myanmar (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
VietnamN/A21.80%
China6.10.5-91.8%
CambodiaN/A0.30%
Others0.10.9800.0%
Total6.223.5279.0%

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

  1. Vietnam (208.7K square meters)
  2. Cambodia (4.3K square meters)
  3. China (2.5K square meters)

Source: IndexBox Market Intelligence Platform

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