Report Update Nov 1, 2024

Myanmar - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Aramids Staple Market 2024

Aramids Staple Market Size in Myanmar

In 2021, the Myanmar's aramids staple market decreased by -23.9% to $X, falling for the second year in a row after eight years of growth. In general, consumption, however, recorded a significant expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Aramids Staple Exports

Exports by Country

Vietnam (X kg) was the main destination for aramids staple exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2018 to 2018, the average annual growth rate of volume to Vietnam was relatively modest.

From 2018 to 2018, the average annual rate of growth in terms of value to Vietnam was relatively modest.

Aramids Staple Imports

Imports into Myanmar

In 2021, supplies from abroad of aramids staple decreased by -15.8% to X kg, falling for the second consecutive year after eight years of growth. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 716% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, aramids staple imports shrank markedly to $X in 2021. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when imports increased by 416%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X kg) constituted the largest aramids staple supplier to Myanmar, accounting for a 88% share of total imports. Moreover, aramids staple imports from Japan exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +53.8%.

In value terms, Japan ($X) constituted the largest supplier of aramids staple to Myanmar, comprising 68% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 32% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to +48.5%.

Import Prices by Country

In 2021, the average aramids staple import price amounted to $X per ton, falling by -17% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 76% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while the price for Japan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the world?

The countries with the highest volumes of aramids staple consumption in 2020 were China, Japan and Spain, together accounting for 34% of global consumption. These countries were followed by Belgium, Germany, Turkey, Italy, the Netherlands, Pakistan, India, the United States, Taiwan Chinese) and South Korea, which together accounted for a further 48%.

What are the largest producers of aramids staple in the world?

The countries with the highest volumes of aramids staple production in 2020 were Spain, South Korea and Thailand, with a combined 69% share of global production. These countries were followed by France, Japan, Slovakia and the United States, which together accounted for a further 27%.

What are the leading suppliers of aramids staple to Myanmar?

In value terms, South Korea constituted the largest supplier of aramids staple to Myanmar, comprising 82% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with an 18% share of total imports.

What is the average export price for aramids staple in Myanmar?

In 2018, the average aramids staple export price amounted to $8,190 per ton, remaining constant against the previous year.

What is the average import price for aramids staple in Myanmar?

The average aramids staple import price stood at $6,235 per ton in 2020, with an increase of 11% against the previous year.

This report provides an in-depth analysis of the aramids staple 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 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning

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