Report Update Apr 1, 2024

Myanmar - Sodium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Myanmar

In 2022, the Myanmar's sodium carbonate market increased by X% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption showed a noticeable decline. Sodium carbonate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sodium Carbonate Production in Myanmar

In value terms, sodium carbonate production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. Sodium carbonate production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sodium Carbonate Exports

Exports from Myanmar

In 2022, sodium carbonate exports from Myanmar reduced to X kg, with a decrease of X% on 2021. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X kg. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, sodium carbonate exports rose slightly to $X in 2022. Overall, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Thailand (X kg) was the main destination for sodium carbonate exports from Myanmar, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%.

In value terms, Thailand ($X) also remains the key foreign market for sodium carbonate exports from Myanmar.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand stood at X%.

Export Prices by Country

The average sodium carbonate export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to X% per year.

Sodium Carbonate Imports

Imports into Myanmar

In 2022, supplies from abroad of sodium carbonate increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sodium carbonate imports skyrocketed to $X in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest sodium carbonate supplier to Myanmar, accounting for a X% share of total imports. Moreover, sodium carbonate imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Bulgaria (X tons), with a X% share.

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

In value terms, India ($X) constituted the largest supplier of sodium carbonate to Myanmar, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

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

Import Prices by Country

The average sodium carbonate import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium carbonate import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Thailand ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium carbonate in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 41% share of global consumption. Japan, Russia, Pakistan, Brazil, Indonesia, Mexico, the UK, Germany and France lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of sodium carbonate in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Turkey, with a combined 55% share of global production.

What are the leading suppliers of sodium carbonate to Myanmar?

In value terms, India constituted the largest supplier of sodium carbonate to Myanmar, comprising 51% of total imports. The second position in the ranking was taken by China, with a 14% share of total imports. It was followed by Bulgaria, with a 14% share.

What are the leading importers of sodium carbonate from Myanmar?

In value terms, Thailand $544) remains the key foreign market for sodium carbonate exports from Myanmar.

What is the average export price for sodium carbonate in Myanmar?

In 2022, the average sodium carbonate export price amounted to $1,727 per ton, surging by 13% against the previous year.

What is the average import price for sodium carbonate in Myanmar?

In 2022, the average sodium carbonate import price amounted to $401 per ton, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the sodium carbonate 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 20134310 - Disodium carbonate

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