Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Myanmar - 2023
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Myanmar (CIF) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Myanmar
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Myanmar (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $1,145 per ton in 2022, picking up by 42% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 78% against the previous year. The import price peaked at $6,427 per ton in 2012; however, from 2013 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 Vietnam ($3,111 per ton), while the price for Italy ($801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-4.2%), while the prices for the other major suppliers experienced a decline.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Myanmar
For the third year in a row, Myanmar recorded decline in supplies from abroad of wadding; other articles thereof, other than of cotton or man-made fibreses, which decreased by -42.9% to 503 tons in 2022. Overall, imports continue to indicate a dramatic curtailment. The smallest decline of -23% was in 2020.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses declined significantly to $576K in 2022. In general, imports recorded a dramatic downturn.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,194 | 2,150 | 470 | 373 | -51.1% |
| Italy | 43.1 | 17.0 | 51.0 | 90.3 | 28.0% |
| South Korea | 441 | 471 | 68.2 | 71.0 | -45.6% |
| Vietnam | 2,521 | 768 | 34.9 | 11.4 | -83.5% |
| Thailand | 518 | 41.0 | 49.5 | 9.0 | -74.1% |
| Sri Lanka | 178 | 89.5 | 9.5 | 6.9 | -66.2% |
| Others | 618 | 261 | 28.0 | 14.2 | -71.6% |
| Total | 7,512 | 3,797 | 711 | 576 | -57.5% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Myanmar in 2022:
- China (342.8 tons)
- Italy (112.8 tons)
- South Korea (31.3 tons)
- Thailand (5.4 tons)
- Sri Lanka (4.3 tons)
- Vietnam (3.7 tons)
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