Report Update Apr 1, 2024

Myanmar - Spools, Cops and Similar Supports of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Plastic Support Market 2024

Plastic Support Market Size in Myanmar

The Myanmar's plastic support market amounted to $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a perceptible reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plastic Support Production in Myanmar

In value terms, plastic support production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible downturn. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Plastic Support Exports

Exports from Myanmar

In 2022, shipments abroad of spools, cops and similar supports of plastics decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, plastic support exports soared to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for plastic support exports from Myanmar, accounting for a X% share of total exports. Moreover, plastic support exports to Malaysia exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to X%.

In value terms, Malaysia ($X) remains the key foreign market for spools, cops and similar supports of plastics exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, rising by X% against the previous year. In general, the export price posted a remarkable increase. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Thailand stood at $X per ton.

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

Plastic Support Imports

Imports into Myanmar

In 2022, the amount of spools, cops and similar supports of plastics imported into Myanmar expanded remarkably to X tons, surging by X% on the previous year's figure. In general, imports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic support imports reduced to $X in 2022. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

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

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

In value terms, Thailand ($X), China ($X) and Malaysia ($X) constituted the largest plastic support suppliers to Myanmar, with a combined X% share of total imports.

In terms of the main suppliers, Malaysia, 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

In 2022, the average plastic support import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (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 spools, cops and similar supports of plastics in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and Brazil, with a combined 33% share of global consumption. India, Japan, Pakistan, Russia, the UK, Indonesia, Bangladesh and Turkey lagged somewhat behind, together comprising a further 24%.

What are the largest producers of spools, cops and similar supports of plastics in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Brazil, together accounting for 35% of global production. India, Pakistan, Japan, Russia, the UK, Indonesia, Bangladesh, Turkey and Nigeria lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of spools, cops and similar supports of plastics to Myanmar?

In value terms, the largest plastic support suppliers to Myanmar were Thailand, China and Malaysia, with a combined 92% share of total imports.

What are the leading importers of spools, cops and similar supports of plastics from Myanmar?

In value terms, Malaysia remains the key foreign market for spools, cops and similar supports of plastics exports from Myanmar, comprising 92% of total exports. The second position in the ranking was taken by Thailand, with a 2.4% share of total exports.

What is the average export price for spools, cops and similar supports of plastics in Myanmar?

In 2022, the average plastic support export price amounted to $3,703 per ton, growing by 31% against the previous year.

What is the average import price for spools, cops and similar supports of plastics in Myanmar?

The average plastic support import price stood at $1,446 per ton in 2022, falling by -19.8% against the previous year.

This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
Prodcom 22221920 - Plastic caps and capsules for bottles
Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)

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