Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar - 2022
Contents:
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar (CIF) - 2022
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar (FOB) - 2022
- Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar
- Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar (CIF) - 2022
The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $3,870 per ton in 2022, reducing by -14.4% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 45%. The import price peaked at $7,183 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3,875 per ton), while the price for China amounted to $3,793 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.0%).
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar (FOB) - 2022
The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $7,691 per ton in 2022, jumping by 74% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($8,668 per ton), while the average price for exports to India ($3,897 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar
In 2022, overseas purchases of felt; whether or not impregnated, coated, covered or laminateds decreased by -25.8% to 22K tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a slight expansion. The pace of growth was the most pronounced in 2020 with an increase of 139% against the previous year. As a result, imports attained the peak of 50K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds contracted significantly to $85M in 2022. Over the period under review, imports, however, posted a notable increase. The pace of growth appeared the most rapid in 2020 with an increase of 107%. As a result, imports attained the peak of $156M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 6.2 | 2.2 | 85.0 | 68.7 | 122.9% |
| China | 68.5 | 154 | 48.5 | 14.5 | -40.4% |
| Others | 0.8 | 0.7 | 0.8 | 2.1 | 37.9% |
| Total | 75.4 | 156 | 134 | 85.3 | 4.2% |
Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Myanmar in 2022:
- Thailand (17.7K tons)
- China (3.8K tons)
Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar
In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Myanmar fell markedly to 6.3 tons, dropping by -90.8% on the previous year's figure. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 49%.
In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds declined rapidly to $48K in 2022. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 20%.
| Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 12.2 | 1.3 | 48.5 | 38.8 | 47.1% |
| South Korea | N/A | N/A | N/A | 6.5 | 0% |
| India | N/A | 4.4 | N/A | 3.1 | -16.1% |
| Indonesia | 479 | 246 | 253 | N/A | -27.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 491 | 252 | 302 | 48.4 | -53.8% |
Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Myanmar in 2022:
- Vietnam (4.5 tons)
- South Korea (1.0 tons)
- India (0.8 tons)
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