Myanmar - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMyanmar: Tufted Textile Fabric Market 2024
Tufted Textile Fabric Market Size in Myanmar
The Myanmar's tufted textile fabric market shrank markedly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a sharp decrease. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.
Tufted Textile Fabric Production in Myanmar
In value terms, tufted textile fabric production dropped notably to $X in 2022 estimated in export price. Overall, production continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Tufted textile fabric production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
Tufted Textile Fabric Exports
Exports from Myanmar
In 2019, approx. X square meters of tufted textile fabrics were exported from Myanmar; increasing by X% compared with the year before. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tufted textile fabric exports skyrocketed to $X in 2019. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Zimbabwe (X square meters) was the main destination for tufted textile fabric exports from Myanmar, accounting for a X% share of total exports. It was followed by Vietnam (X square meters), with a X% share of total exports.
From 2018 to 2019, the average annual rate of growth in terms of volume to Zimbabwe was relatively modest.
In value terms, Zimbabwe ($X) emerged as the key foreign market for tufted textile fabrics exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.
From 2018 to 2019, the average annual growth rate of value to Zimbabwe was relatively modest.
Export Prices by Country
In 2019, the average tufted textile fabric export price amounted to $X per square meter, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a sharp setback. The export price peaked at $X per square meter in 2018, and then dropped markedly in the following year.
Average prices varied noticeably for the major external markets. In 2019, amid the top suppliers, the country with the highest price was Zimbabwe ($X per square meter), while the average price for exports to Vietnam amounted to $X per square meter.
From 2018 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%).
Tufted Textile Fabric Imports
Imports into Myanmar
Tufted textile fabric imports into Myanmar dropped dramatically to X square meters in 2022, declining by X% on the previous year's figure. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X square meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, tufted textile fabric imports declined sharply to $X in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Thailand (X square meters) was the main tufted textile fabric supplier to Myanmar, accounting for a X% share of total imports. It was followed by China (X square meters), with a X% share of total imports.
From 2013 to 2022, the average annual growth rate of volume from Thailand stood at X%.
In value terms, Thailand ($X) constituted the largest supplier of tufted textile fabrics to Myanmar, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2013 to 2022, the average annual rate of growth in terms of value from Thailand totaled X%.
Import Prices by Country
The average tufted textile fabric import price stood at $X per square meter in 2022, with a decrease of X% against the previous year. Overall, the import price showed a deep contraction. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Thailand totaled $X per square meter.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tufted textile fabric 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 13204500 - Tufted textile fabrics (excluding tufted carpets and other textile floor coverings)
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the tufted textile fabric market in Asia.
This report provides an in-depth analysis of the tufted textile fabric market in the U.S..
This report provides an in-depth analysis of the tufted textile fabric market in China.
This report provides an in-depth analysis of the tufted textile fabric market in the EU.
This report provides an in-depth analysis of the global tufted textile fabric market.