Report Update Apr 1, 2024

Myanmar - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Polyethylene Market 2024

Polyethylene Market Size in Myanmar

In 2022, after five years of growth, there was significant decline in the Myanmar's polyethylene market, when its value decreased by X% to $X. In general, consumption, however, recorded a significant increase. Polyethylene consumption peaked at $X in 2021, and then shrank in the following year.

Polyethylene Exports

Exports from Myanmar

In 2022, overseas shipments of primary polyethylene with a specific gravity of over X decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, polyethylene exports dropped dramatically to $X in 2022. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2019 to 2022, the average annual growth rate of volume to China totaled X%.

In value terms, China ($X) also remains the key foreign market for primary polyethylene with a specific gravity of over X exports from Myanmar.

From 2019 to 2022, the average annual growth rate of value to China stood at X%.

Export Prices by Country

The average polyethylene export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price recorded a abrupt slump. The growth pace was the most rapid in 2021 a decrease of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2019 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Polyethylene Imports

Imports into Myanmar

In 2022, purchases abroad of primary polyethylene with a specific gravity of over X decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, polyethylene imports declined to $X in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

Thailand (X tons), Saudi Arabia (X tons) and Oman (X tons) were the main suppliers of polyethylene imports to Myanmar, together accounting for X% of total imports. The United States, Singapore, Malaysia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Saudi Arabia ($X) and Singapore ($X) were the largest polyethylene suppliers to Myanmar, together comprising X% of total imports.

Singapore, with a CAGR of X%, saw 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

The average polyethylene import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (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 primary polyethylene with a specific gravity of over 0,94 in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 40% of global consumption. Japan, Brazil, Nigeria, Mexico, Russia, Germany, Singapore, Turkey, Egypt and Canada lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of primary polyethylene with a specific gravity of over 0,94 in the world?

The countries with the highest volumes of production in 2022 were the United States, Saudi Arabia and India, with a combined 35% share of global production. China, Iran, the United Arab Emirates, Japan, South Korea, Brazil, Thailand, Nigeria, Singapore and Canada lagged somewhat behind, together accounting for a further 41%.

What are the leading suppliers of primary polyethylene with a specific gravity of over 0,94 to Myanmar?

In value terms, Thailand, Saudi Arabia and Singapore were the largest polyethylene suppliers to Myanmar, with a combined 67% share of total imports.

What are the leading importers of primary polyethylene with a specific gravity of over 0,94 from Myanmar?

In value terms, China remains the key foreign market for primary polyethylene with a specific gravity of over 0,94 exports from Myanmar.

What is the average export price for primary polyethylene with a specific gravity of over 0,94 in Myanmar?

The average polyethylene export price stood at $388 per ton in 2022, waning by -31.1% against the previous year.

What is the average import price for primary polyethylene with a specific gravity of over 0,94 in Myanmar?

The average polyethylene import price stood at $1,046 per ton in 2022, rising by 8.8% against the previous year.

This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms

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