Myanmar - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Myanmar - 2022
Contents:
- Price for Polystyrene in Primary Forms in Myanmar (CIF) - 2022
- Price for Polystyrene in Primary Forms in Myanmar (FOB) - 2022
- Imports of Polystyrene in Primary Forms in Myanmar
- Exports of Polystyrene in Primary Forms in Myanmar
Price for Polystyrene in Primary Forms in Myanmar (CIF) - 2022
In 2022, the average polystyrene in primary forms import price amounted to $819 per ton, waning by -13.5% against the previous year. In general, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% against the previous year. The import price peaked at $2,044 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($1,250 per ton), while the price for the United States ($681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.2%), while the prices for the other major suppliers experienced a decline.
Price for Polystyrene in Primary Forms in Myanmar (FOB) - 2022
The average polystyrene in primary forms export price stood at $555 per ton in 2022, falling by -24.1% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2021 a decrease of -1.2%. Over the period under review, the average export prices reached the maximum at $1,725 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for Cambodia amounted to +9.0% per year.
Imports of Polystyrene in Primary Forms in Myanmar
In 2022, after three years of growth, there was significant decline in overseas purchases of polystyrene in primary forms (excluding expansible polystyrene), when their volume decreased by -21.8% to 2.1K tons. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 67% against the previous year.
In value terms, polystyrene in primary forms imports shrank significantly to $1.7M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 37%.
| Import of Polystyrene in Primary Forms in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 150 | 277 | 1,094 | 1,026 | 89.8% |
| China | 30.3 | 8.9 | 10.0 | 311 | 117.3% |
| Saudi Arabia | 59.6 | 89.7 | 116 | 214 | 53.1% |
| United States | 21.1 | 88.6 | 99.4 | 135 | 85.6% |
| Taiwan (Chinese) | 254 | 327 | 267 | 33.6 | -49.0% |
| Singapore | 442 | 480 | 86.4 | 24.4 | -61.9% |
| India | 285 | 514 | 702 | N/A | 56.9% |
| Others | 165 | 142 | 214 | 5.3 | -68.2% |
| Total | 1,407 | 1,926 | 2,588 | 1,749 | 7.5% |
Top Suppliers of Polystyrene in Primary Forms to Myanmar in 2022:
- Thailand (1196.9 tons)
- China (375.7 tons)
- Saudi Arabia (297.0 tons)
- United States (198.0 tons)
- Taiwan (Chinese) (41.3 tons)
- Singapore (19.5 tons)
Exports of Polystyrene in Primary Forms in Myanmar
In 2022, the amount of polystyrene in primary forms (excluding expansible polystyrene) exported from Myanmar surged to 314 tons, jumping by 136% compared with the previous year. Over the period under review, exports, however, showed a sharp curtailment.
In value terms, polystyrene in primary forms exports surged to $174K in 2022. Overall, exports, however, continue to indicate a sharp downturn.
| Export of Polystyrene in Primary Forms in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 522 | 69.0 | 174 | -42.3% | |
| Cambodia | 34.8 | 13.8 | N/A | -60.3% | |
| Malaysia | N/A | 14.4 | N/A | 0% | |
| Others | 0.5 | N/A | N/A | 0% | |
| Total | 557 | 97.3 | 174 | -44.1% | |
Top Export Markets for Polystyrene in Primary Forms from Myanmar in 2022:
- China (313.5 tons)
This report provides an in-depth analysis of the market for polystyrene 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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