Myanmar - Babies’ Garments And Clothing Accessories (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaby Garment Price in Myanmar - 2022
Contents:
- Baby Garment Price in Myanmar (FOB) - 2022
- Baby Garment Price in Myanmar (CIF) - 2022
- Baby Garment Exports in Myanmar
- Baby Garment Imports in Myanmar
Baby Garment Price in Myanmar (FOB) - 2022
The average baby garment export price stood at $2.1 per unit in December 2022, remaining stable against the previous month. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in April 2022 when the average export price increased by 37% against the previous month. As a result, the export price attained the peak level of $4.9 per unit. From May 2022 to December 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Germany ($4.0 per unit), while the average price for exports to Morocco ($274 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.4%), while the prices for the other major destinations experienced a decline.
Baby Garment Price in Myanmar (CIF) - 2022
The average baby garment import price stood at $1.1 per unit in 2022, declining by -58.1% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 149% against the previous year. The import price peaked at $3.5 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Thailand ($2.9 per unit), while the price for China amounted to $1 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-2.2%).
Baby Garment Exports in Myanmar
For the fourth year in a row, Myanmar recorded growth in overseas shipments of babies garments and clothing accessories (knitted or crocheted), which increased by 65% to 25M units in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, baby garment exports soared to $87M in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Baby Garment in Myanmar (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.5 | 8.8 | 25.4 | 27.3 | 61.3% |
Japan | 1.2 | 2.6 | 5.3 | 10.1 | 103.4% |
Belgium | 0.9 | 1.0 | 1.8 | 8.5 | 111.4% |
Poland | 0.9 | 2.2 | 5.0 | 7.6 | 103.6% |
Spain | 0.3 | 1.8 | 1.6 | 5.1 | 157.1% |
France | 0.4 | 2.1 | 3.4 | 4.9 | 130.5% |
China | 1.1 | 0.5 | 1.9 | 3.2 | 42.8% |
Germany | 0.1 | 0.4 | 1.5 | 2.8 | 203.7% |
United Kingdom | 0.4 | 1.8 | 1.4 | 2.3 | 79.2% |
Canada | 1.7 | 1.0 | 1.8 | 2.0 | 5.6% |
Mexico | 0.1 | 0.2 | 0.7 | 1.7 | 157.1% |
Sweden | 0.9 | 0.7 | 0.7 | 1.7 | 23.6% |
Vietnam | 0.3 | 0.1 | N/A | 1.6 | 74.7% |
Others | 2.9 | 7.2 | 9.3 | 8.0 | 40.2% |
Total | 17.6 | 30.5 | 59.8 | 86.7 | 70.2% |
Top Export Markets for Baby Garment from Myanmar in 2022:
- United States (8.8M units)
- Japan (2.6M units)
- Poland (2.0M units)
- France (1.8M units)
- Belgium (1.7M units)
- China (1.1M units)
- Spain (1.0M units)
- Germany (0.7M units)
- Canada (0.6M units)
- United Kingdom (0.6M units)
- Mexico (0.5M units)
- Vietnam (0.5M units)
- Sweden (0.4M units)
Baby Garment Imports in Myanmar
Baby garment imports into Myanmar skyrocketed to 101K units in 2022, with an increase of 53% on 2021. Over the period under review, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 508% against the previous year. As a result, imports reached the peak of 924K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, baby garment imports fell markedly to $116K in 2022. Overall, imports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 700% against the previous year. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Baby Garment in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 92.6 | 910 | 50.8 | 98.8 | 2.2% |
Thailand | 5.2 | 4.1 | 10.9 | 12.3 | 33.2% |
Others | 28.8 | 98.5 | 119 | 4.8 | -45.0% |
Total | 127 | 1,012 | 181 | 116 | -3.0% |
Top Suppliers of Baby Garment to Myanmar in 2022:
- China (96.1K units)
- Thailand (4.3K units)
This report provides an in-depth analysis of the baby garment market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14191100 - Babies
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the baby garment market in Myanmar.
This report provides an in-depth analysis of the global baby garment market.
This report provides an in-depth analysis of the baby garment market in Myanmar.
This report provides an in-depth analysis of the global baby garment market.
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