Myanmar: Unwrought Lead Market 2021

Unwrought Lead Market Size in Myanmar

In 2020, the Myanmar's unwrought lead market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Unwrought lead consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Unwrought Lead Production in Myanmar

In value terms, unwrought lead production skyrocketed to $X in 2020 estimated in export prices. Overall, the total production indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, production hit record highs in 2020 and is expected to retain growth in years to come.

Unwrought Lead Exports

Exports from Myanmar

For the third consecutive year, Myanmar recorded growth in overseas shipments of unwrought lead, which increased by X% to X tons in 2020. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, unwrought lead exports surged to $X in 2020. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

India (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of unwrought lead exports from Myanmar, together accounting for X% of total exports. Japan, China, Thailand and Malaysia lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unwrought lead exported from Myanmar were India ($X), Indonesia ($X) and Vietnam ($X), together comprising X% of total exports. These countries were followed by Japan, China, Thailand and Malaysia, which together accounted for a further X the main countries of destination, Thailand (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unwrought lead export price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, export price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Lead Imports

Imports into Myanmar

For the eighth year in a row, Myanmar recorded decline in supplies from abroad of unwrought lead, which decreased by -X% to X kg in 2020. In general, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, unwrought lead imports contracted sharply to $X in 2020. Over the period under review, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X kg) was the main supplier of unwrought lead to Myanmar, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of unwrought lead to Myanmar.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

The average unwrought lead import price stood at $X per ton in 2020, falling by -X% against the previous year. In general, import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, unwrought lead import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The import price peaked at $X per ton in 2019, and then contracted in the following year.

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

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

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