Myanmar: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Myanmar

The Myanmar's non-knitted women apparel market skyrocketed to $X in 2021, rising by X% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Knitted Women Apparel Production in Myanmar

In value terms, non-knitted women apparel production rose notably to $X in 2021 estimated in export price. In general, production recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Non-knitted women apparel production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Non-Knitted Women Apparel Exports

Exports from Myanmar

In 2021, shipments abroad of women's or girls' clothing (not knitted or crocheted) decreased by -X% to X units, falling for the third consecutive year after three years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, non-knitted women apparel exports shrank sharply to $X in 2021. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Japan (X units) and Germany (X units) were the main destinations of non-knitted women apparel exports from Myanmar, with a combined X% share of total exports. Thailand, Poland, the Netherlands, Denmark, the UK, the United States, South Korea, France and Belgium lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Spain ($X) and Thailand ($X) appeared to be the largest markets for non-knitted women apparel exported from Myanmar worldwide, with a combined X% share of total exports.

Thailand, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-knitted women apparel export price amounted to $X per unit, waning by -X% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Knitted Women Apparel Imports

Imports into Myanmar

In 2021, overseas purchases of women's or girls' clothing (not knitted or crocheted) decreased by -X% to X units, falling for the third consecutive year after three years of growth. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, non-knitted women apparel imports fell sharply to $X in 2021. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped significantly in the following year.

Imports by Country

China (X units), Thailand (X units) and Bangladesh (X units) were the main suppliers of non-knitted women apparel imports to Myanmar, together comprising X% of total imports. Vietnam and Malaysia lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of non-knitted women apparel to Myanmar, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-X% per year) and Vietnam (+X% per year).

Import Prices by Country

In 2021, the average non-knitted women apparel import price amounted to $X per unit, shrinking by -X% against the previous year. Overall, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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