Myanmar: Jersey Market 2024

Jersey Market Size in Myanmar

The Myanmar's jersey market declined notably to $X in 2022, which is down by X% against the previous year. In general, consumption showed a dramatic downturn. Jersey consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Jersey Production in Myanmar

In value terms, jersey production stood at $X in 2022 estimated in export price. Over the period under review, production saw a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Jersey production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Jersey Exports

Exports from Myanmar

In 2022, jersey exports from Myanmar skyrocketed to X units, increasing by X% against the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, jersey exports soared to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), the UK (X units) and Japan (X units) were the main destinations of jersey exports from Myanmar, together comprising X% of total exports. Poland, the Netherlands, Spain, Belgium, the United States, Sweden, France, Canada, Thailand and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Japan ($X) were the largest markets for jersey exported from Myanmar worldwide, together comprising X% of total exports. Poland, the Netherlands, Spain, Belgium, the United States, Sweden, France, Canada, Thailand and China lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average jersey export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Jersey Imports

Imports into Myanmar

After three years of decline, purchases abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, jersey imports fell remarkably to $X in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main jersey supplier to Myanmar, accounting for a X% share of total imports. It was followed by Thailand (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of jerseys, pullovers, cardigans and similar articles to Myanmar, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Japan (X% per year).

Import Prices by Country

The average jersey import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price faced a abrupt contraction. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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