Myanmar - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood-Based Panels Price in Myanmar - 2022
Contents:
- Wood-Based Panels Price in Myanmar (FOB) - 2022
- Wood-Based Panels Price in Myanmar (CIF) - 2022
- Wood-Based Panels Exports in Myanmar
- Wood-Based Panels Imports in Myanmar
Wood-Based Panels Price in Myanmar (FOB) - 2022
In 2022, the average wood-based panels export price amounted to $236 per cubic meter, dropping by -37.5% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2017 an increase of 25%. Over the period under review, the average export prices reached the peak figure at $576 per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($477 per cubic meter), while the average price for exports to China stood at $113 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.5%).
Wood-Based Panels Price in Myanmar (CIF) - 2022
In 2022, the average wood-based panels import price amounted to $194 per cubic meter, declining by -9% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth appeared the most rapid in 2013 an increase of 7.3%. Over the period under review, average import prices reached the maximum at $442 per cubic meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($462 per cubic meter), while the price for Thailand ($114 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.3%), while the prices for the other major suppliers experienced a decline.
Wood-Based Panels Exports in Myanmar
Wood-based panels exports from Myanmar soared to 197K cubic meters in 2022, growing by 41% compared with the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 136%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, wood-based panels exports fell to $47M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 108% against the previous year. Over the period under review, the exports attained the peak figure at $53M in 2021, and then declined in the following year.
Export of Wood-Based Panels in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 16.8 | 33.9 | 34.7 | 30.7 | 22.3% |
China | 2.8 | 10.5 | 12.9 | 14.8 | 74.2% |
Thailand | 1.5 | 1.3 | 3.9 | 0.3 | -41.5% |
Others | 1.8 | 1.9 | 1.4 | 0.8 | -23.7% |
Total | 22.9 | 47.6 | 52.9 | 46.6 | 26.7% |
Top Export Markets for Wood-Based Panels from Myanmar in 2022:
- China (130.6K cubic meters)
- India (64.4K cubic meters)
- Thailand (0.2K cubic meters)
Wood-Based Panels Imports in Myanmar
In 2022, after two years of decline, there was significant growth in purchases abroad of wood-based panels, when their volume increased by 127% to 120K cubic meters. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 123K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, wood-based panels imports surged to $23M in 2022. Over the period under review, imports, however, showed a noticeable downturn. Imports peaked at $26M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Wood-Based Panels in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 20.2 | 19.0 | 7.9 | 15.8 | -7.9% |
Thailand | 3.4 | 2.4 | 2.6 | 7.1 | 27.8% |
Malaysia | 0.6 | 0.3 | 0.2 | 0.2 | -30.7% |
Vietnam | 0.7 | 0.9 | 0.2 | N/A | -46.5% |
Others | 1.1 | 1.3 | 0.4 | 0.2 | -43.3% |
Total | 25.9 | 24.0 | 11.3 | 23.3 | -3.5% |
Top Suppliers of Wood-Based Panels to Myanmar in 2022:
- Thailand (62.2K cubic meters)
- China (55.6K cubic meters)
- Malaysia (1.0K cubic meters)
- Vietnam (0.1K cubic meters)
This report provides an in-depth analysis of the wood-based panels market 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:
- FCL 1647 - Hardboard
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
- FCL 1697 - Particle board
- FCL 1606 - OSB
- FCL 1640 - Plywood
- FCL 1634 - Veneer sheets
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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In 2015, the wood-based panel market grew to X thousand cubic meters.
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