Report Update Nov 1, 2024

Myanmar - Articles of Plaster or of Compositions Based on Plaster - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Plaster Article Market 2024

Plaster Article Market Size in Myanmar

In 2021, after three years of growth, there was significant decline in the Myanmar's plaster article market, when its value decreased by -16.2% to $X. Overall, consumption, however, continues to indicate a prominent increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Plaster Article Exports

Exports from Myanmar

In 2021, approx. X kg of articles of plaster or of compositions based on plaster were exported from Myanmar; shrinking by -89.1% against the previous year. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 747%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, plaster article exports dropped significantly to $X in 2021. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 456% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to Singapore amounted to -28.1%.

In value terms, Singapore ($X) emerged as the key foreign market for plaster article exports from Myanmar.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at -19.6%.

Export Prices by Country

The average plaster article export price stood at $X per ton in 2021, jumping by 286% against the previous year. In general, the export price showed a buoyant expansion. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to +11.8% per year.

Plaster Article Imports

Imports into Myanmar

In 2021, after three years of growth, there was significant decline in supplies from abroad of articles of plaster or of compositions based on plaster, when their volume decreased by -20.5% to X tons. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 96% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then contracted dramatically in the following year.

In value terms, plaster article imports declined dramatically to $X in 2021. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by 85% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of plaster article to Myanmar, accounting for a 69% share of total imports. Moreover, plaster article imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Indonesia (X tons) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.9% per year) and Indonesia (+44.4% per year).

In value terms, the largest plaster article suppliers to Myanmar were Thailand ($X), China ($X) and Indonesia ($X), together accounting for 99% of total imports.

China, with a CAGR of +23.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plaster article import price stood at $X per ton in 2021, surging by 6.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 13%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of plaster or of compositions based on plaster in the world?

China remains the largest plaster article consuming country worldwide, comprising approx. 27% of total volume. Moreover, plaster article consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Indonesia ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of articles of plaster or of compositions based on plaster in the world?

China constituted the country with the largest volume of plaster article production, accounting for 27% of total volume. Moreover, plaster article production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Indonesia ranked third in terms of total production with a 6.4% share.

What are the leading suppliers of articles of plaster or of compositions based on plaster to Myanmar?

In value terms, the largest plaster article suppliers to Myanmar were China, Thailand and Malaysia, together comprising 95% of total imports.

What are the leading importers of articles of plaster or of compositions based on plaster from Myanmar?

In value terms, Singapore remains the key foreign market for plaster article exports from Myanmar.

What is the average export price for articles of plaster or of compositions based on plaster in Myanmar?

In 2021, the average plaster article export price amounted to $5,155 per ton, growing by 52% against the previous year.

What is the average import price for articles of plaster or of compositions based on plaster in Myanmar?

In 2021, the average plaster article import price amounted to $167 per ton, with an increase of 6.4% against the previous year.

This report provides an in-depth analysis of the plaster article 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 23621050 - Boards, sheets, panels, tiles and similar articles of plaster or of compositions based on plaster, faced or reinforced with paper or paperboard only (excluding articles agglomerated with plaster, ornamented)
Prodcom 23621090 - Boards, sheets, panels, tiles and similar articles of plaster or of compositions based on plaster, not faced or reinforced with paper or paperboard only (excluding articles agglomerated with plaster, ornamented)
Prodcom 23691100 - Articles of plaster or compositions based on plaster, n.e.c.

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