Price for Track Suits; of Cotton, Knitted or Crocheted in Myanmar - 2022

Contents:

  1. Price for Track Suits; of Cotton, Knitted or Crocheted in Myanmar (FOB) - 2022
  2. Price for Track Suits; of Cotton, Knitted or Crocheted in Myanmar (CIF) - 2022
  3. Exports of Track Suits; of Cotton, Knitted or Crocheted in Myanmar
  4. Imports of Track Suits; of Cotton, Knitted or Crocheted in Myanmar

Price for Track Suits; of Cotton, Knitted or Crocheted in Myanmar (FOB) - 2022

The average export price for track suits; of cotton, knitted or crocheted stood at $3.7 per unit in 2022, surging by 56% against the previous year. Over the period under review, the export price, however, faced a abrupt contraction. Over the period under review, the average export prices hit record highs at $14 per unit in 2013; however, from 2014 to 2022, the 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 South Korea ($5.8 per unit), while the average price for exports to Belgium ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Track Suits; of Cotton, Knitted or Crocheted in Myanmar (CIF) - 2022

The average import price for track suits; of cotton, knitted or crocheted stood at $1.4 per unit in 2022, increasing by 50% against the previous year. Over the period under review, the import price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 74%. Over the period under review, average import prices attained the maximum at $13 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -19.8% per year.

Exports of Track Suits; of Cotton, Knitted or Crocheted in Myanmar

In 2022, overseas shipments of track suits; of cotton, knitted or crocheted decreased by -45.4% to 576K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 535% against the previous year. As a result, the exports reached the peak of 1.1M units, and then dropped notably in the following year.

In value terms, exports of track suits; of cotton, knitted or crocheted contracted to $2.1M in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 401%. Over the period under review, the exports of reached the maximum at $2.5M in 2021, and then contracted in the following year.

Export of Track Suits; of Cotton, Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A2.91,3781,1871923.1%
South Korea37.531917.5420123.7%
SpainN/A2424092675.0%
Belgium51.6N/AN/A11731.4%
ThailandN/AN/AN/A62.90%
SloveniaN/A32.0678N/A2018.8%
Others37.135.528.881.930.2%
Total1266322,5112,135156.8%

Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Myanmar in 2022:

  1. Netherlands (339.0K units)
  2. Spain (84.6K units)
  3. South Korea (71.9K units)
  4. Belgium (38.7K units)
  5. Thailand (16.1K units)

Imports of Track Suits; of Cotton, Knitted or Crocheted in Myanmar

In 2022, imports of track suits; of cotton, knitted or crocheted into Myanmar soared to 4.9K units, surging by 988% on the previous year. Overall, imports, however, showed a precipitous contraction. Imports peaked at 159K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $7.1K in 2022. In general, imports, however, showed a precipitous slump. Imports peaked at $217K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Track Suits; of Cotton, Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1532170.47.1-64.1%
Others1.0N/AN/AN/A0%
Total1542170.47.1-64.1%

Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Myanmar in 2022:

  1. China (4.9K units)

Source: IndexBox Market Intelligence Platform

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