Market for Knitted Shawl and Scarf in Myanmar
In value terms, knitted shawl and scarf production shrank significantly to $ in estimated in export price. Overall, production continues to indicate a noticeable slump. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in 2009; however, from 2010 to , production remained at a lower figure.
The value of the knitted shawl and scarf market in Myanmar shrank significantly to $ in , declining 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). Over the period under review, consumption recorded a deep setback. Knitted shawl and scarf consumption peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.