Report Update: Apr 1, 2024

Myanmar - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene in Primary Forms in Myanmar - 2022

Price for Polyethylene in Primary Forms in Myanmar (CIF) - 2022

In December 2022, the average polyethylene in primary forms import price amounted to $986 per ton, picking up by 9.1% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,105 per ton in April 2022; however, from May 2022 to December 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were the United States ($1,045 per ton) and China ($1,002 per ton), while the price for Oman ($910 per ton) and Saudi Arabia ($942 per ton) were amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyethylene in Primary Forms in Myanmar (FOB) - 2022

In 2022, the average polyethylene in primary forms export price amounted to $853 per ton, jumping by 30% against the previous year. In general, the export price, however, saw a deep downturn. The export price peaked at $2,099 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($388 per ton), while the average price for exports to the United States stood at $8 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-12.6%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene in Primary Forms in Myanmar

In 2022, overseas purchases of polyethylene in primary forms decreased by -9.5% to 94K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, imports attained the peak of 114K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, polyethylene in primary forms imports shrank to $95M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 6.8%.

Import of Polyethylene in Primary Forms in Myanmar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	37.8	38.7	54.8	40.1	2.0%
Saudi Arabia	15.3	13.7	6.6	12.1	-7.5%
Singapore	11.9	11.4	10.4	8.2	-11.7%
Oman	0.8	0.2	0.1	8.1	116.3%
United States	10.5	14.3	10.3	6.9	-13.1%
United Arab Emirates	1.0	4.1	7.3	5.6	77.6%
Malaysia	1.5	1.6	1.3	4.4	43.1%
China	1.5	1.2	0.7	1.8	6.3%
Others	9.6	10.6	10.3	8.1	-5.5%
Total	89.7	95.8	102	95.2	2.0%

Top Suppliers of Polyethylene in Primary Forms to Myanmar in 2022:

Thailand (42.0K tons)
Saudi Arabia (12.8K tons)
Oman (8.9K tons)
United States (6.7K tons)
United Arab Emirates (5.0K tons)
Singapore (4.9K tons)
Malaysia (4.7K tons)
China (1.9K tons)

Exports of Polyethylene in Primary Forms in Myanmar

In 2022, approx. 2K tons of polyethylene in primary forms were exported from Myanmar; falling by -23.6% compared with the previous year. Over the period under review, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 167% against the previous year.

In value terms, polyethylene in primary forms exports declined slightly to $1.7M in 2022. Overall, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 190% against the previous year.

Export of Polyethylene in Primary Forms in Myanmar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	15.9	0.3	1.3	0.2	-76.7%
India	0.5	0.3	0.4	N/A	-10.6%
United States	N/A	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	1.5	0%
Total	16.4	0.6	1.7	1.7	-53.0%

Top Export Markets for Polyethylene in Primary Forms from Myanmar in 2022:

China (424.0 tons)
United States (100.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene in primary forms in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023