Price for Handkerchiefs (Not Knitted or Crocheted) in Myanmar - 2022

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Myanmar (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Myanmar (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Myanmar
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Myanmar

Price for Handkerchiefs (Not Knitted or Crocheted) in Myanmar (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $0.2 per unit, increasing by 13% against the previous year. In general, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 203%. The import price peaked at $1.3 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 China ($0.2 per unit), while the price for Thailand amounted to less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+49.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Handkerchiefs (Not Knitted or Crocheted) in Myanmar (FOB) - 2022

The average export price for handkerchiefs (not knitted or crocheted)s stood at $0.9 per unit in 2022, remaining constant against the previous year. Over the period under review, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2020 when the average export price increased by 112%. Over the period under review, the average export prices hit record highs at $1.4 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($2.6 per unit), while the average price for exports to Japan totaled $0.8 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+64.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Myanmar

In 2022, purchases abroad of handkerchiefs (not knitted or crocheted)s was finally on the rise to reach 417K units after two years of decline. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) imports surged to $67K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Handkerchiefs (Not Knitted or Crocheted) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.92.20.964.9181.8%
Thailand2.00.40.42.34.8%
Others0.40.40.3N/A-13.4%
Total5.33.01.667.3133.3%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Myanmar in 2022:

  1. China (325.1K units)
  2. Thailand (92.1K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Myanmar

In 2022, handkerchiefs (not knitted or crocheted) exports from Myanmar amounted to 13K units, approximately reflecting the previous year's figure. Overall, exports showed significant growth. The smallest decline of -84.5% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) exports stood at $12K in 2022. Over the period under review, exports saw a significant expansion. The smallest decline of -67.2% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Handkerchiefs (Not Knitted or Crocheted) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A0.3N/A10.0477.4%
ThailandN/AN/AN/A1.80%
Kuwait1.70.1N/AN/A-94.1%
OthersN/A0.2N/AN/A0%
Total1.70.6N/A11.890.8%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Myanmar in 2022:

  1. Japan (12.7K units)
  2. Thailand (0.7K units)

Source: IndexBox Market Intelligence Platform

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