Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar - 2023
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar (CIF) - 2022
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar (FOB) - 2022
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar (CIF) - 2022
In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $723 per ton, dropping by -17.1% against the previous year. Over the period under review, the import price continues to indicate a dramatic curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 46% against the previous year. The import price peaked at $11,436 per ton in 2012; however, from 2013 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 Vietnam ($3,025 per ton), while the price for Thailand ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-4.4%), while the prices for the other major suppliers experienced a decline.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar (FOB) - 2022
The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $2,722 per ton in 2022, jumping by 23% against the previous year. In general, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 211% against the previous year. Over the period under review, the average export prices reached the maximum at $11,657 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($4,763 per ton), while the average price for exports to Indonesia ($2,185 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+235.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar
In 2022, imports of footwear; parts, outer soles and heels, of rubber or plasticses into Myanmar rose remarkably to 9.7K tons, picking up by 12% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses shrank to $7M in 2022. In general, imports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 47%.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 2.7 | 5.6 | 3.8 | -8.7% |
| Vietnam | 2.0 | 1.6 | 0.8 | 1.7 | -5.3% |
| Thailand | 0.5 | 0.6 | 1.0 | 1.6 | 47.4% |
| Others | 0.2 | 0.3 | 0.2 | N/A | 0.0% |
| Total | 7.7 | 5.2 | 7.6 | 7.0 | -3.1% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Myanmar in 2022:
- Thailand (6.6K tons)
- China (2.6K tons)
- Vietnam (0.6K tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar
In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses exported from Myanmar soared to 181 tons, growing by 99.9% against the previous year. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 452% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $492K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,619% against the previous year. As a result, the exports reached the peak of $948K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | 47.0 | 381 | 710.6% |
| Indonesia | N/A | 8.3 | 9.0 | 49.1 | 143.2% |
| Vietnam | N/A | 55.6 | 7.5 | 35.2 | -20.4% |
| South Korea | N/A | N/A | 2.4 | 22.3 | 829.2% |
| Argentina | 43.4 | 36.2 | N/A | N/A | -16.6% |
| Greece | N/A | 20.2 | 34.8 | N/A | 72.3% |
| Germany | N/A | 630 | N/A | N/A | 0% |
| Serbia | N/A | 31.6 | 70.4 | N/A | 122.8% |
| Others | 11.8 | 167 | 29.6 | 3.9 | -30.9% |
| Total | 55.2 | 948 | 201 | 492 | 107.3% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Myanmar in 2022:
- Thailand (137.8 tons)
- Indonesia (22.5 tons)
- Vietnam (14.1 tons)
- South Korea (4.7 tons)
423
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
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Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
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