Report Update Nov 1, 2024

Myanmar - Antibiotics - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Antibiotic Market 2024

Antibiotic Market Size in Myanmar

The Myanmar's antibiotic market contracted to $X in 2021, with a decrease of -13.8% against the previous year. Overall, consumption showed a slight shrinkage. Antibiotic consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Antibiotic Production in Myanmar

In value terms, antibiotic production dropped modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a mild slump. The growth pace was the most rapid in 2017 when the production volume increased by 41% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Antibiotic Exports

Exports from Myanmar

In 2021, overseas shipments of antibiotics decreased by -52% to X kg for the first time since 2018, thus ending a two-year rising trend. Overall, exports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by 278% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, antibiotic exports shrank markedly to $X in 2021. Over the period under review, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2019 with an increase of 132% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X kg) was the main destination for antibiotic exports from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to India stood at -34.4%.

In value terms, India ($X) also remains the key foreign market for antibiotics exports from Myanmar.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at -31.0%.

Export Prices by Country

The average antibiotic export price stood at $X per ton in 2021, growing by 70% against the previous year. Overall, the export price saw resilient growth. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, 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 India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +5.1% per year.

Antibiotic Imports

Imports into Myanmar

In 2021, after two years of growth, there was significant decline in supplies from abroad of antibiotics, when their volume decreased by -58.9% to X tons. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 285% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, antibiotic imports shrank notably to $X in 2021. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 236% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then declined sharply in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of antibiotic to Myanmar, with a 54% share of total imports. Moreover, antibiotic imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by Malaysia (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +43.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+36.2% per year) and Malaysia (+23.7% per year).

In value terms, India ($X) constituted the largest supplier of antibiotics to Myanmar, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by Indonesia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from India amounted to +43.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.1% per year) and Indonesia (+24.8% per year).

Import Prices by Country

In 2021, the average antibiotic import price amounted to $X per ton, increasing by 34% against the previous year. Overall, the import price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+11.4%), 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 antibiotics in the world?

China remains the largest antibiotic consuming country worldwide, accounting for 23% of total volume. Moreover, antibiotic consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of antibiotics in the world?

China constituted the country with the largest volume of antibiotic production, accounting for 61% of total volume. Moreover, antibiotic production in China exceeded the figures recorded by the second-largest producer, the United States, eightfold. Switzerland ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of antibiotics to Myanmar?

In value terms, China constituted the largest supplier of antibiotic to Myanmar, comprising 52% of total imports. The second position in the ranking was occupied by India, with a 20% share of total imports. It was followed by Indonesia, with a 6.5% share.

What are the leading importers of antibiotics from Myanmar?

In value terms, India remains the key foreign market for antibiotic exports from Myanmar.

What is the average export price for antibiotics in Myanmar?

The average antibiotic export price stood at $62,025 per ton in 2021, remaining constant against the previous year.

What is the average import price for antibiotics in Myanmar?

The average antibiotic import price stood at $32,108 per ton in 2021, increasing by 34% against the previous year.

This report provides an in-depth analysis of the antibiotic 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 21105400 - Antibiotics

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