Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Myanmar - 2023
Contents:
- Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Myanmar (CIF) - 2022
- Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Myanmar
Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Myanmar (CIF) - 2022
In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $575 per ton, dropping by -8% against the previous year. In general, the import price recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 45% against the previous year. The import price peaked at $7,679 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($600 per ton), while the price for China stood at $571 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-25.1%).
Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Myanmar
For the fourth year in a row, Myanmar recorded growth in supplies from abroad of tarpaulins, awnings and sunblinds of synthetic fibreses, which increased by 7% to 771 tons in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 361%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses declined to $443K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 318%.
| Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.7 | 91.2 | 451 | 428 | 122.8% |
| Vietnam | N/A | 68.6 | N/A | 11.6 | -58.9% |
| Others | 1.1 | 6.8 | N/A | 4.0 | 53.8% |
| Total | 39.9 | 167 | 451 | 443 | 123.1% |
Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Myanmar in 2022:
- China (749.5 tons)
- Vietnam (19.4 tons)
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