Myanmar: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2025

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Myanmar

In 2022, the Myanmar's articles of fiber cement market increased by 6.3% to $X, rising for the second year in a row after seven years of decline. Over the period under review, consumption, however, showed a dramatic decline. Articles of fiber cement consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Myanmar

In value terms, articles of fiber cement production reduced dramatically to $X in 2022 estimated in export price. Overall, production saw a dramatic curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Myanmar

In 2020, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -92.3% to X kg, falling for the fourth consecutive year after two years of growth. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 737%. As a result, the exports attained the peak of X tons. From 2017 to 2020, the growth of the exports remained at a lower figure.

In value terms, articles of fiber cement exports shrank remarkably to $X in 2020. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2015 with an increase of 168% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

Thailand (X kg) was the main destination for articles of fiber cement exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to Thailand was relatively modest.

In value terms, Thailand ($X) emerged as the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Myanmar.

From 2013 to 2020, the average annual rate of growth in terms of value to Thailand was relatively modest.

Export Prices by Country

In 2020, the average articles of fiber cement export price amounted to $X per ton, jumping by 108% against the previous year. In general, the export price continues to indicate a measured increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2020, the rate of growth in terms of prices for Malaysia amounted to -48.7% per year.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Myanmar

In 2022, supplies from abroad of articles of asbestos-cement, cellulose fiber-cement or the like increased by 20% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 174% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of fiber cement imports surged to $X in 2022. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 162% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Thailand (X tons) and India (X tons) were the main suppliers of articles of fiber cement imports to Myanmar.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +38.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and India ($X) were the largest articles of fiber cement suppliers to Myanmar.

China, with a CAGR of +38.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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