Myanmar: Market for Tailor Dummies And Automata 2025

Market Size for Tailor Dummies And Automata in Myanmar

The Myanmar's tailor dummies and automata market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Tailor Dummies And Automata in Myanmar

In value terms, tailor dummies and automata production soared to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Tailor Dummies And Automata

Exports from Myanmar

Tailor dummies and automata exports from Myanmar contracted markedly to X kg in 2021, shrinking by -54.5% against 2020. In general, exports faced a sharp descent. The most prominent rate of growth was recorded in 2014 when exports increased by 4,063%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, tailor dummies and automata exports fell remarkably to $X in 2021. Over the period under review, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2014 when exports increased by 673%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X kg) was the main destination for tailor dummies and automata exports from Myanmar, accounting for a 70% share of total exports. Moreover, tailor dummies and automata exports to Cambodia exceeded the volume sent to the second major destination, China (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Cambodia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Singapore (-42.7% per year).

In value terms, China ($X) emerged as the key foreign market for tailor dummies and automata exports from Myanmar, comprising 76% of total exports. The second position in the ranking was taken by Singapore ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-47.6% per year) and Cambodia (0.0% per year).

Export Prices by Country

The average tailor dummies and automata export price stood at $X per ton in 2021, with a decrease of -63.3% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 154%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+42.8%).

Imports of Tailor Dummies And Automata

Imports into Myanmar

In 2021, supplies from abroad of tailor dummies and automata decreased by -53.9% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by 297%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, tailor dummies and automata imports dropped remarkably to $X in 2021. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 102% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Thailand (X tons), China (X tons) and Spain (X tons) were the main suppliers of tailor dummies and automata imports to Myanmar, together comprising 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +72.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tailor dummies and automata suppliers to Myanmar were Spain ($X), China ($X) and Thailand ($X), together comprising 78% of total imports.

Among the main suppliers, Spain, with a CAGR of +51.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tailor dummies and automata import price stood at $X per ton in 2021, growing by 50% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-9.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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