Myanmar: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Myanmar

The Myanmar's activated natural mineral products market reduced modestly to $X in 2022, declining by X% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Activated Natural Mineral Products in Myanmar

In value terms, activated natural mineral products production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Activated Natural Mineral Products

Exports from Myanmar

In 2022, exports of activated natural mineral products from Myanmar expanded sharply to X kg, increasing by X% compared with the previous year's figure. Overall, exports, however, showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, activated natural mineral products exports dropped markedly to $X in 2022. In general, exports, however, recorded a sharp downturn. The smallest decline of X% was in 2021. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X kg) was the main destination for activated natural mineral products exports from Myanmar, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam stood at X%.

In value terms, Vietnam ($X) emerged as the key foreign market for activated natural mineral products exports from Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam stood at X%.

Export Prices by Country

In 2022, the average activated natural mineral products export price amounted to $X per ton, falling by X% against the previous year. In general, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to X% per year.

Imports of Activated Natural Mineral Products

Imports into Myanmar

In 2022, approx. X tons of activated natural mineral products were imported into Myanmar; jumping by X% on the previous year. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, activated natural mineral products imports skyrocketed to $X in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of activated natural mineral products imports to Myanmar, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest activated natural mineral products suppliers to Myanmar were China ($X), Thailand ($X) and Indonesia ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated natural mineral products import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained 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 China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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