
Myanmar - Adhesive Bandages - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Adhesive Bandage Market 2023
Adhesive Bandage Market Size in Myanmar
In 2022, the Myanmar's adhesive bandage market increased by 7.3% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate tangible growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.
Adhesive Bandage Exports
Exports from Myanmar
In 2021, approx. X kg of adhesive bandages were exported from Myanmar; remaining constant against the previous year's figure. In general, exports posted significant growth. The pace of growth was the most pronounced in 2016 with an increase of 121% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, adhesive bandage exports stood at $X in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 219%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
The Netherlands (X kg) was the main destination for adhesive bandage exports from Myanmar, with a 100% share of total exports. It was followed by the Czech Republic (X kg), with a 0.4% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands amounted to +17.9%.
From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +8.1%.
Export Prices by Country
In 2021, the average adhesive bandage export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+17.6%).
Adhesive Bandage Imports
Imports into Myanmar
In 2022, adhesive bandage imports into Myanmar skyrocketed to X tons, rising by 35% compared with the year before. Over the period under review, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,394%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, adhesive bandage imports declined to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 1,381% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, China (X tons) constituted the largest adhesive bandage supplier to Myanmar, with a 80% share of total imports. Moreover, adhesive bandage imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sevenfold. The third position in this ranking was held by Thailand (X tons), with a 4.5% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+12.7% per year) and Thailand (-13.4% per year).
In value terms, China ($X) constituted the largest supplier of adhesive bandages to Myanmar, comprising 63% of total imports. The second position in the ranking was held by Thailand ($X), with a 15% share of total imports. It was followed by Indonesia, with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-10.9% per year) and Indonesia (+1.9% per year).
Import Prices by Country
The average adhesive bandage import price stood at $X per ton in 2022, with a decrease of -34.7% against the previous year. Over the period under review, the import price saw a deep slump. The growth pace was the most rapid in 2017 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the adhesive bandage 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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