Report Update Nov 1, 2024

Myanmar - Flat Knitting Machines, Stitch-Bonding Machines and Warp Knitting Machines - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Myanmar: Knitting Machine Market 2024

Knitting Machine Market Size in Myanmar

In 2022, the Myanmar's knitting machine market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a strong increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Knitting Machine Exports

Exports from Myanmar

Knitting machine exports from Myanmar stood at X units in 2020, almost unchanged from 2019. In general, exports continue to indicate a significant increase. The smallest decline of X% was in 2019. Over the period under review, the exports reached the peak figure in 2020 and are likely to continue growth in the immediate term.

In value terms, knitting machine exports totaled $X in 2020. Over the period under review, exports recorded a significant increase. The smallest decline of X% was in 2019. Over the period under review, the exports reached the maximum in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Indonesia (X units) and Thailand (X units) were the main destinations of knitting machine exports from Myanmar. Moreover, knitting machine exports in Indonesia exceeded the figures recorded by the second-largest exporter, Thailand, twofold.

From 2018 to 2020, the biggest increases were recorded for Indonesia (with a CAGR of X%).

In value terms, Indonesia ($X) and Thailand ($X) appeared to be the largest markets for knitting machine exported from Myanmar worldwide.

In terms of the main countries of destination, Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average knitting machine export price amounted to $X per unit, remaining constant against the previous year. In general, the export price continues to indicate a precipitous setback. The pace of growth was the most pronounced in 2019 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Indonesia totaled $X per unit.

From 2018 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%).

Knitting Machine Imports

Imports into Myanmar

In 2022, overseas purchases of flat knitting machines, stitch-bonding machines and warp knitting machines were finally on the rise to reach X units after two years of decline. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, knitting machine imports surged to $X in 2022. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main knitting machine supplier to Myanmar, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of flat knitting machines, stitch-bonding machines and warp knitting machines to Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

The average knitting machine import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price showed a significant contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat knitting machines, stitch-bonding machines and warp knitting machines in the world?

The countries with the highest volumes of in 2021 were India, Japan and China, together accounting for 32% of global consumption. Bangladesh, Egypt, Spain, Tanzania, Germany, Hungary, Russia, Turkey, France and Taiwan Chinese) lagged somewhat behind, together accounting for a further 44%.

What are the largest producers of flat knitting machines, stitch-bonding machines and warp knitting machines in the world?

The countries with the highest volumes of in 2021 were China, Japan and Germany, with a combined 82% share of global production.

What are the leading suppliers of flat knitting machines, stitch-bonding machines and warp knitting machines to Myanmar?

In value terms, China constituted the largest supplier of knitting machine to Myanmar.

What is the average export price for flat knitting machines, stitch-bonding machines and warp knitting machines in Myanmar?

In 2018, the average knitting machine export price amounted to $6,000 per unit, remaining constant against the previous year.

What is the average import price for flat knitting machines, stitch-bonding machines and warp knitting machines in Myanmar?

In 2021, the average knitting machine import price amounted to $442 per unit, falling by -72.2% against the previous year.

This report provides an in-depth analysis of the knitting machine 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 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023