Price for Braids; in the Piece in Myanmar - 2022
Contents:
- Price for Braids; in the Piece in Myanmar (CIF) - 2022
- Price for Braids; in the Piece in Myanmar (FOB) - 2022
- Imports of Braids; in the Piece in Myanmar
- Exports of Braids; in the Piece in Myanmar
Price for Braids; in the Piece in Myanmar (CIF) - 2022
The average braids; in the piece import price stood at $13,424 per ton in 2022, picking up by 34% against the previous year. In general, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 88% against the previous year. Over the period under review, average import prices attained the peak figure at $24,066 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($72,678 per ton), while the price for Thailand ($8,626 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 (+14.8%), while the prices for the other major suppliers experienced a decline.
Price for Braids; in the Piece in Myanmar (FOB) - 2022
In 2022, the average braids; in the piece export price amounted to $73,976 per ton, leveling off at the previous year. In general, the export price saw a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 37%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($74,632 per ton), while the average price for exports to China stood at $64,650 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+30.9%).
Imports of Braids; in the Piece in Myanmar
In 2022, imports of braids; in the pieces into Myanmar plummeted to 39 tons, waning by -77.5% on 2021 figures. Over the period under review, imports faced a sharp shrinkage. The smallest decline of -5.3% was in 2021.
In value terms, braids; in the piece imports reduced notably to $520K in 2022. In general, imports saw a sharp reduction. The smallest decline of -25.1% was in 2021.
| Import of Braids; in the Piece in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 10.5 | 45.7 | 197 | 177 | 156.4% |
| Thailand | 170 | 130 | 86.8 | 155 | -3.0% |
| China | 3,943 | 1,808 | 1,185 | 137 | -67.4% |
| Japan | 274 | 163 | 161 | 41.1 | -46.9% |
| Indonesia | 89.7 | 65.9 | 53.6 | N/A | -22.7% |
| Others | 83.3 | 85.3 | 37.1 | 10.3 | -50.2% |
| Total | 4,570 | 2,297 | 1,721 | 520 | -51.5% |
Top Suppliers of Braids; in the Piece to Myanmar in 2022:
- Thailand (17.9 tons)
- China (13.7 tons)
- Japan (4.0 tons)
- South Korea (2.4 tons)
Exports of Braids; in the Piece in Myanmar
For the third year in a row, Myanmar recorded decline in overseas shipments of braids; in the pieces, which decreased by 0% to 104 kg in 2022. Overall, exports recorded a sharp downturn. The smallest decline of -70% was in 2020.
In value terms, braids; in the piece exports amounted to $7.7K in 2022. In general, exports continue to indicate a sharp slump. The smallest decline of -63% was in 2020.
| Export of Braids; in the Piece in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 40.5 | 15.2 | N/A | 7.1 | -44.0% |
| China | 0.5 | 0.1 | N/A | 0.5 | 0.0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 41.4 | 15.3 | N/A | 7.7 | -42.9% |
Top Export Markets for Braids; in the Piece from Myanmar in 2022:
- Japan (95.0 kg)
- China (8.0 kg)
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