
Myanmar - Paint, Distemper, Varnish or Similar Brushes, Paint Pads and Rollers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Myanmar: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2022
Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Myanmar
In 2021, the Myanmar's market for paint, distemper, varnish or similar brushes, paint pads and rollers decreased by -29% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a perceptible slump. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.
Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers
Exports from Myanmar
In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers exported from Myanmar was estimated at X units, surging by 2.8% against the previous year. In general, exports, however, faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 139%. Over the period under review, the exports of reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers fell slightly to $X in 2021. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2015 when exports increased by 96% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Ethiopia (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Myanmar, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Ethiopia was relatively modest.
From 2012 to 2021, the average annual rate of growth in terms of value to Ethiopia was relatively modest.
Export Prices by Country
In 2021, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, falling by -4.3% against the previous year. Overall, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 9.4%. As a result, the export price reached the peak level of $X per unit, and then contracted modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Ethiopia.
From 2012 to 2021, the rate of growth in terms of prices for India amounted to 0.0% per year.
Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers
Imports into Myanmar
In 2021, approx. X units of paint, distemper, varnish or similar brushes, paint pads and rollers were imported into Myanmar; with a decrease of -29.6% compared with 2020 figures. Overall, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 with an increase of 70% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports of failed to regain momentum.
In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers fell significantly to $X in 2021. Over the period under review, imports showed a pronounced decline. The pace of growth was the most pronounced in 2017 when imports increased by 75% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2021, China (X units) was the main supplier of paint, distemper, varnish or similar brush, paint pad and roller to Myanmar, accounting for a 96% share of total imports. It was followed by Vietnam (X units), with a 2% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+30.4% per year) and Thailand (-26.4% per year).
In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to Myanmar, comprising 92% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 3.7% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+40.8% per year) and Thailand (-23.0% per year).
Import Prices by Country
The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, remaining stable against the previous year. Overall, the import price enjoyed a modest expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 59%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller 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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