Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Myanmar - 2023
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Myanmar (CIF) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Myanmar
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Myanmar (CIF) - 2022
In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.3 per square meter, with a decrease of -16.1% against the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2018 an increase of 65% against the previous year. The import price peaked at $2.8 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2.5 per square meter), while the price for Germany ($0.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-4.1%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Myanmar
In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s imported into Myanmar soared to 1.2M square meters, with an increase of 226% on 2021. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 252%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s skyrocketed to $1.5M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 359% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.9 | 20.9 | 334 | 1,185 | 202.3% |
| Thailand | 2.3 | 2.5 | 43.6 | 113 | 266.3% |
| Japan | 15.1 | 20.6 | 67.5 | 94.6 | 84.3% |
| Russia | 45.5 | 33.6 | 41.7 | 52.3 | 4.8% |
| Hong Kong SAR | 36.6 | 5.3 | 6.6 | 8.0 | -39.8% |
| Germany | 16.4 | 10.7 | 12.9 | 0.1 | -81.7% |
| Others | 24.0 | 26.8 | 45.5 | 55.8 | 32.5% |
| Total | 183 | 120 | 552 | 1,509 | 102.0% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Myanmar in 2022:
- China (782.1K square meters)
- Thailand (316.8K square meters)
- Japan (38.3K square meters)
- Russia (26.6K square meters)
- Hong Kong SAR (3.8K square meters)
- Germany (0.3K square meters)
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