Sportswear Market in Myanmar
In value terms, sportswear production expanded significantly to $ in estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when the production volume increased by %. As a result, production reached the peak level of $. From 2015 to , production growth failed to regain momentum.
The value of the sportswear market in Myanmar dropped to $ in , with a decrease of -% 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). In general, consumption recorded a abrupt decline. Sportswear consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.