Myanmar: Bentonite Market 2021

Bentonite Market Size in Myanmar

The Myanmar's bentonite market reached $X in 2019, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a buoyant expansion. The pace of growth was the most pronounced in 2009 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2010 to 2019, the growth of the market failed to regain the momentum.

Bentonite Exports

Exports from Myanmar

In 2019, shipments abroad of bentonite decreased by -X% to X kg, falling for the fifth year in a row after eight years of growth. Overall, exports recorded a dramatic decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, exports attained the peak of X kg. From 2015 to 2019, the growth exports failed to regain the momentum.

In value terms, bentonite exports contracted rapidly to $X in 2019. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports remained at a lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the key exporters of bentonite, together committing X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Myanmar were the U.S. ($X), Turkey ($X) and India ($X), together accounting for X% of total exports.

Turkey saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Myanmar stood at $X per ton in 2019, dropping by -X% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2015 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Myanmar

In 2019, purchases abroad of bentonite increased by X% to X tons, rising for the third consecutive year after seven years of decline. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2009 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. From 2010 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, bentonite imports expanded significantly to $X in 2019. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2010 to 2019, the growth imports remained at a lower figure.

Imports by Country

Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) represented roughly X% of total imports of bentonite in 2019. Italy (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Myanmar stood at $X per ton in 2019, standing approx. at the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2017 to 2019, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

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