Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Myanmar - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Myanmar (CIF) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Myanmar
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Myanmar (CIF) - 2022
The average import price for yarn of combed wool, not put up for retail sale stood at $2,158 per ton in 2022, increasing by 57% against the previous year. Overall, the import price posted a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2014 to 2022, the rate of growth in terms of prices for China amounted to +3.3% per year.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Myanmar
In 2022, after two years of growth, there was significant decline in purchases abroad of yarn of combed wool, not put up for retail sale, when their volume decreased by -82% to 2.2 tons. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 37,421% against the previous year. As a result, imports reached the peak of 12 tons, and then reduced dramatically in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale fell rapidly to $4.8K in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 41,320% against the previous year. As a result, imports reached the peak of $17K, and then fell sharply in the following year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | N/A | 17.0 | 4.8 | -71.8% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | 17.0 | 4.8 | -71.8% | |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Myanmar in 2022:
- China (2.2 tons)
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