Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Myanmar - 2023

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Myanmar (CIF) - 2022
  2. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Myanmar

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Myanmar (CIF) - 2022

In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $652 per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2017 an increase of 234%. The import price peaked at $1,761 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.0% per year.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Myanmar

For the third consecutive year, Myanmar recorded decline in purchases abroad of man-made filament yarn (other than sewing thread), put up for retail sale, which decreased by 0% to 76 tons in 2022. In general, imports recorded significant growth. The smallest decline of -53.4% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale totaled $49K in 2022. Over the period under review, imports showed significant growth. The smallest decline of -53.4% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A49.20%
China21.910.2N/AN/A-53.4%
OthersN/AN/AN/AN/A0%
Total21.910.2N/A49.231.0%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Myanmar in 2022:

  1. Thailand (75.5 tons)

Source: IndexBox Market Intelligence Platform

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