Myanmar: Paper Tablecloths Market 2022

Paper Tablecloths Market Size in Myanmar

In 2021, after four years of growth, there was significant decline in the Myanmar's paper tablecloths market, when its value decreased by -13.1% to $X. In general, consumption enjoyed moderate growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Paper Tablecloths Production in Myanmar

In value terms, paper tablecloths production fell rapidly to $X in 2021 estimated in export price. Overall, production recorded a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 56%. As a result, production attained the peak level of $X, and then dropped remarkably in the following year.

Paper Tablecloths Exports

Exports from Myanmar

After two years of growth, shipments abroad of paper tablecloths and serviettes decreased by -49.2% to X tons in 2021. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 7,489% against the previous year. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, paper tablecloths exports fell sharply to $X in 2021. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 18,609%. As a result, the exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

Germany (X tons) was the main destination for paper tablecloths exports from Myanmar, with a 73% share of total exports. Moreover, paper tablecloths exports to Germany exceeded the volume sent to the second major destination, the United States (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Luxembourg (-54.3% per year).

In value terms, Germany ($X) remains the key foreign market for paper tablecloths exports from Myanmar, comprising 65% of total exports. The second position in the ranking was taken by the United States ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -56.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Luxembourg (-59.1% per year).

Export Prices by Country

The average paper tablecloths export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2020 an increase of 147% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank modestly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-9.8%), while the prices for the other major destinations experienced a decline.

Paper Tablecloths Imports

Imports into Myanmar

In 2021, imports of paper tablecloths and serviettes into Myanmar reduced notably to X kg, waning by -99.4% on the previous year. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 72%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, paper tablecloths imports declined sharply to $X in 2021. In general, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2017 with an increase of 134% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

In 2021, Thailand (X kg) constituted the largest paper tablecloths supplier to Myanmar, accounting for a 78% share of total imports. Moreover, paper tablecloths imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume from Thailand totaled -41.5%.

In value terms, Thailand ($X) constituted the largest supplier of paper tablecloths to Myanmar, comprising 95% of total imports. The second position in the ranking was taken by China ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand totaled -31.7%.

Import Prices by Country

In 2021, the average paper tablecloths import price amounted to $X per ton, growing by 64% against the previous year. In general, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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