Jersey Market in Myanmar
In value terms, jersey production declined modestly to $ in estimated in export price. Overall, production, however, recorded pronounced growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by %. Over the period under review, production attained the maximum level at $ in , and then declined modestly in the following year.
The value of the jersey market in Myanmar skyrocketed to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. Jersey consumption peaked at $ in 2010; however, from 2011 to , consumption stood at a somewhat lower figure.