Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Myanmar - 2022

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Myanmar (CIF) - 2022
2. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Myanmar

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Myanmar (CIF) - 2022

The average import price for woven fabrics of coarse animal hair or of horsehair stood at $7,158 per ton in 2022, stabilizing at the previous year. In general, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $12,608 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 ($42,537 per ton), while the price for Taiwan (Chinese) ($3,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Myanmar

For the third consecutive year, Myanmar recorded decline in supplies from abroad of woven fabrics of coarse animal hair or of horsehair, which decreased by 0% to 13 tons in 2022. Overall, imports enjoyed a significant increase. The smallest decline of -99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair stood at $94K in 2022. Over the period under review, imports saw a prominent increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Myanmar in 2022:

1. Japan (10.9 tons)
2. Taiwan (Chinese) (1.6 tons)
3. China (0.7 tons)

Source: IndexBox Market Intelligence Platform