Myanmar: Recovered Paper Market 2024

Recovered Paper Market Size in Myanmar

In 2022, the Myanmar's recovered paper market decreased by X% to $X, falling for the third consecutive year after six years of growth. In general, consumption, however, recorded a buoyant expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Recovered Paper Production in Myanmar

In value terms, recovered paper production fell to $X in 2022 estimated in export price. In general, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Recovered paper production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Recovered Paper Exports

Exports from Myanmar

Recovered paper exports from Myanmar declined to X tons in 2022, waning by X% against the previous year. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, recovered paper exports contracted significantly to $X in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for recovered paper exports from Myanmar, accounting for a X% share of total exports. Moreover, recovered paper exports to Thailand exceeded the volume sent to the second major destination, Japan (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Singapore (X% per year).

In value terms, Japan ($X) remains the key foreign market for recovered paper exports from Myanmar, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

The average recovered paper export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced a decline.

Recovered Paper Imports

Imports into Myanmar

In 2022, purchases abroad of recovered paper decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, recovered paper imports dropped notably to $X in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of recovered paper to Myanmar, with a X% share of total imports. Moreover, recovered paper imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Indonesia (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average recovered paper import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Indonesia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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