Myanmar: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Myanmar

The Myanmar's market for non-soap washing and cleaning preparations fell to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Non-soap washing and cleaning preparations consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Production of Non-Soap Washing and Cleaning Preparations in Myanmar

In value terms, non-soap washing and cleaning preparations production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Non-soap washing and cleaning preparations production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Exports of Non-Soap Washing and Cleaning Preparations

Exports from Myanmar

In 2022, overseas shipments of non-soap washing and cleaning preparations increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-soap washing and cleaning preparations exports soared to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Cambodia (X tons) was the main destination for non-soap washing and cleaning preparations exports from Myanmar, accounting for a X% share of total exports. It was followed by Moldova (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Cambodia was relatively modest.

In value terms, the largest markets for non-soap washing and cleaning preparations exported from Myanmar were Moldova ($X) and Cambodia ($X).

Moldova, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average export price for non-soap washing and cleaning preparations amounted to $X per ton, falling by X% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Cambodia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%).

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Myanmar

In 2022, after ten years of growth, there was significant decline in supplies from abroad of non-soap washing and cleaning preparations, when their volume decreased by X% to X tons. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, non-soap washing and cleaning preparations imports declined rapidly to $X in 2022. Overall, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of non-soap washing and cleaning preparations to Myanmar, with a X% share of total imports. Moreover, non-soap washing and cleaning preparations imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Indonesia (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 Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of non-soap washing and cleaning preparations to Myanmar, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to X%. 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 import price for non-soap washing and cleaning preparations stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum 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 India ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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