Myanmar: Embroidery Market 2025

Embroidery Market Size in Myanmar

In 2022, after two years of decline, there was significant decline in the Myanmar's embroidery market, when its value decreased by X% to $X. In general, consumption recorded a significant increase. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced remarkably in the following year.

Embroidery Production in Myanmar

In value terms, embroidery production declined to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Embroidery production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Embroidery Exports

Exports from Myanmar

In 2022, after three years of decline, there was significant decline in overseas shipments of embroidery (without visible ground) in the piece, when their volume decreased by X% to X kg. In general, exports faced a sharp downturn. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, embroidery exports declined markedly to $X in 2022. Overall, exports continue to indicate a dramatic decrease. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X kg) was the main destination for embroidery exports from Myanmar, with a X% share of total exports. Moreover, embroidery exports to China exceeded the volume sent to the second major destination, Spain (X kg), ninefold. South Korea (X kg) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and South Korea (X% per year).

In value terms, Spain ($X), South Korea ($X) and China ($X) were the largest markets for embroidery exported from Myanmar worldwide, together comprising X% of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average embroidery export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2019 a decrease of X% against the previous year. The export price peaked at $X per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Ireland ($X 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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Embroidery Imports

Imports into Myanmar

In 2022, imports of embroidery (without visible ground) in the piece into Myanmar soared to X tons, increasing by X% against the year before. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, embroidery imports surged to $X in 2022. Overall, imports enjoyed a strong expansion. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), South Korea (X tons) and Thailand (X kg) were the main suppliers of embroidery imports to Myanmar.

From 2016 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of embroidery (without visible ground) in the piece to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports.

From 2016 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and South Korea (X% per year).

Import Prices by Country

The average embroidery import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2016 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 more modest paces of growth.

Source: IndexBox Platform

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