Myanmar: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2022

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Myanmar

In 2021, the Myanmar's market for organo-sulphur compounds and other organo-inorganic compounds was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a slight descent. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Myanmar

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds rose slightly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Myanmar

In 2021, exports of organo-sulphur compounds and other organo-inorganic compounds from Myanmar totaled less than X kg, approximately equating 2020 figures. In general, exports recorded a dramatic setback. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds stood at less than $X in 2021. Overall, exports faced a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X tons) was the main destination for exports of organo-sulphur compounds and other organo-inorganic compounds from Myanmar, with a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Japan was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to Japan was relatively modest.

Export Prices by Country

The average export price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2019, approximately equating the previous year. In general, the export price continues to indicate resilient growth. The export price peaked in 2019 and is expected to retain growth in the near future.

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

From 2012 to 2019, the rate of growth in terms of prices for Japan amounted to X% per year.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Myanmar

After two years of growth, purchases abroad of organo-sulphur compounds and other organo-inorganic compounds decreased by -X% to X tons in 2021. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2020, and then contracted sharply in the following year.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds contracted to $X in 2021. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2020, and then shrank slightly in the following year.

Imports by Country

Singapore (X tons), China (X tons) and Japan (X tons) were the main suppliers of imports of organo-sulphur compounds and other organo-inorganic compounds to Myanmar, with a combined X% share of total imports. Malaysia and Belgium lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Myanmar were Singapore ($X), China ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by Malaysia and Belgium, which together accounted for a further X, with a CAGR of +X%, recorded 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

In 2021, the average import price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform