Myanmar: Abrasives Market 2025

Abrasives Market Size in Myanmar

In 2021, the Myanmar's abrasives market increased by 13% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Abrasives Production in Myanmar

In value terms, abrasives production rose notably to $X in 2021 estimated in export price. In general, production, however, showed a deep setback. The growth pace was the most rapid in 2013 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Abrasives Exports

Exports from Myanmar

In 2016, approx. X tons of abrasives (natural) were exported from Myanmar; jumping by 235% on the year before. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, abrasives exports skyrocketed to $X in 2016. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for abrasives exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2014 to 2016, the average annual growth rate of volume to China was relatively modest.

In value terms, China ($X) emerged as the key foreign market for abrasives (natural) exports from Myanmar.

From 2014 to 2016, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

In 2016, the average abrasives export price amounted to $X per ton, falling by -49% against the previous year. In general, the export price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2015 a decrease of -29.8%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2016, the export prices stood at a somewhat lower figure.

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

From 2014 to 2016, the rate of growth in terms of prices for Singapore amounted to -29.8% per year.

Abrasives Imports

Imports into Myanmar

In 2021, overseas purchases of abrasives (natural) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded a mild increase. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, abrasives imports surged to $X in 2021. Over the period under review, imports, however, saw a slight decrease. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Singapore (X tons) and India (X tons) were the main suppliers of abrasives imports to Myanmar, with a combined 41% share of total imports. These countries were followed by Australia, Taiwan (Chinese), the United States, the Netherlands, Thailand and China, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +42.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Singapore ($X) and India ($X) constituted the largest abrasives suppliers to Myanmar, together accounting for 54% of total imports. These countries were followed by the United States, the Netherlands, Australia, Taiwan (Chinese), Thailand and China, which together accounted for a further 28%.

Among the main suppliers, the United States, with a CAGR of +37.9%, recorded the highest growth rate of 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

The average abrasives import price stood at $X per ton in 2021, declining by -12.3% against the previous year. Over the period under review, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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