Report Update Apr 1, 2024

Myanmar - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in Myanmar

The Myanmar's polycarboxylic acid market rose remarkably to $X in 2022, increasing by 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 showed a measured increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Polycarboxylic Acid Exports

Exports from Myanmar

In 2016, exports of polycarboxylic acids from Myanmar dropped significantly to X tons, with a decrease of X% compared with the year before. In general, exports recorded a dramatic decline. Over the period under review, the exports attained the peak figure at X tons in 2015, and then dropped sharply in the following year.

In value terms, polycarboxylic acid exports reduced dramatically to $X in 2016. Overall, exports showed a precipitous decrease. Over the period under review, the exports hit record highs at $X in 2015, and then fell significantly in the following year.

Exports by Country

China (X tons) was the main destination for polycarboxylic acid exports from Myanmar, accounting for a approx. X% share of total exports.

From 2015 to 2016, the average annual rate of growth in terms of volume to China stood at X%.

In value terms, China ($X) also remains the key foreign market for polycarboxylic acids exports from Myanmar.

From 2015 to 2016, the average annual growth rate of value to China stood at X%.

Export Prices by Country

In 2016, the average polycarboxylic acid export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price faced a sharp shrinkage. The export price peaked at $X per ton in 2015, and then reduced remarkably in the following year.

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

From 2015 to 2016, the rate of growth in terms of prices for China amounted to X% per year.

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Polycarboxylic Acid Imports

Imports into Myanmar

In 2022, polycarboxylic acid imports into Myanmar reached X tons, with an increase of X% on 2021 figures. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, polycarboxylic acid imports reached $X in 2022. Overall, imports showed a tangible increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of polycarboxylic acid to Myanmar, accounting for a X% share of total imports. Moreover, polycarboxylic acid imports from Vietnam exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. Thailand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Thailand (X% per year).

In value terms, the largest polycarboxylic acid suppliers to Myanmar were Vietnam ($X), South Korea ($X) and Thailand ($X), together accounting for X% of total imports. China and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polycarboxylic acid import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a deep contraction. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 South Korea ($X per ton), while the price for India ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polycarboxylic acids in the world?

The countries with the highest volumes of consumption in 2023 were India, the United States and China, together accounting for 30% of global consumption. Turkey, Brazil, Mexico, Indonesia, Japan, Pakistan, South Korea, Vietnam, Germany and Lithuania lagged somewhat behind, together comprising a further 38%.

What are the largest producers of polycarboxylic acids in the world?

The countries with the highest volumes of production in 2022 were China, South Korea and the United States, together accounting for 41% of global production.

What are the leading suppliers of polycarboxylic acids to Myanmar?

In value terms, the largest polycarboxylic acid suppliers to Myanmar were Vietnam, South Korea and Thailand, with a combined 88% share of total imports. China and India lagged somewhat behind, together comprising a further 9.9%.

What are the leading importers of polycarboxylic acids from Myanmar?

In value terms, China remains the key foreign market for polycarboxylic acids exports from Myanmar.

What is the average export price for polycarboxylic acids in Myanmar?

The average polycarboxylic acid export price stood at $204 per ton in 2016, waning by -32% against the previous year.

What is the average import price for polycarboxylic acids in Myanmar?

In 2022, the average polycarboxylic acid import price amounted to $939 per ton, increasing by 2.1% against the previous year.

This report provides an in-depth analysis of the polycarboxylic acid 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.

Product coverage:

Prodcom 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
Prodcom 20143385 - Adipic acid, its salts and esters
Prodcom 20143387 - Maleic anhydride
Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
Prodcom 20143420 - Other esters of orthophthalic acid
Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023