Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar - 2023
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar (FOB) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar (CIF) - 2022
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar (FOB) - 2022
The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.3 per unit in 2022, standing approx. at the previous year. Overall, the export price showed a deep reduction. The growth pace was the most rapid in 2019 an increase of 12% against the previous year. As a result, the export price reached the peak level of $5.7 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2.9 per unit), while the average price for exports to the United States ($1.2 per unit) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.6%), while the prices for the other major destinations experienced a decline.
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar (CIF) - 2022
In 2022, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $1.5 per unit, falling by -14.6% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 167%. The import price peaked at $2.3 per unit in 2020; however, from 2021 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 China.
From 2017 to 2022, the rate of growth in terms of prices for China amounted to +12.2% per year.
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar
In 2022, overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by 0% to 19K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s totaled $44K in 2022. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | N/A | N/A | 24.9 | 399.3% |
| Austria | N/A | N/A | N/A | 5.7 | 0% |
| Japan | N/A | N/A | N/A | 3.9 | 0% |
| United States | 0.8 | N/A | N/A | 3.5 | 63.6% |
| Czech Republic | N/A | N/A | N/A | 2.0 | 0% |
| Guatemala | N/A | N/A | N/A | 1.9 | 0% |
| Slovakia | N/A | N/A | N/A | 0.9 | 0% |
| Netherlands | 14.7 | N/A | N/A | N/A | 0% |
| Others | 1.4 | N/A | N/A | 0.9 | -13.7% |
| Total | 17.1 | N/A | N/A | 43.7 | 36.7% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Myanmar in 2022:
- Germany (8.7K units)
- United States (2.9K units)
- Austria (2.3K units)
- Japan (2.0K units)
- Czech Republic (1.5K units)
- Guatemala (0.9K units)
- Slovakia (0.7K units)
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar
After two years of decline, overseas purchases of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by 898% to 18K units in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s soared to $27K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 11.1 | 1.9 | 26.5 | 26.2% |
| Hong Kong SAR | N/A | N/A | 0.7 | N/A | 0% |
| Others | N/A | 0.2 | 0.5 | 0.3 | 22.5% |
| Total | 13.2 | 11.2 | 3.1 | 26.8 | 26.6% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Myanmar in 2022:
- China (18.3K units)
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