Report Update Nov 1, 2024

Myanmar - Carboys, Bottles and Similar Articles of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Plastic Bottle Market 2024

Plastic Bottle Market Size in Myanmar

In 2022, after ten years of growth, there was significant decline in the Myanmar's plastic bottle market, when its value decreased by -53.9% to $X. Over the period under review, consumption faced a sharp decrease. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Plastic Bottle Imports

Imports into Myanmar

In 2022, supplies from abroad of carboys, bottles and similar articles of plastics decreased by -91.6% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, imports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, plastic bottle imports declined rapidly to $X in 2022. Over the period under review, imports faced a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 24%. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic bottle to Myanmar, with a 49% share of total imports. Moreover, plastic bottle imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. Vietnam (X tons) ranked third in terms of total imports with a 19% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from China stood at -68.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-12.2% per year) and Vietnam (-41.7% per year).

In value terms, China ($X) constituted the largest supplier of carboys, bottles and similar articles of plastics to Myanmar, comprising 71% of total imports. The second position in the ranking was held by Vietnam ($X), with a 15% share of total imports. It was followed by Thailand, with an 8.3% share.

From 2020 to 2022, the average annual rate of growth in terms of value from China amounted to -15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-31.3% per year) and Thailand (-45.5% per year).

Import Prices by Country

In 2022, the average plastic bottle import price amounted to $X per ton, growing by 470% against the previous year. Over the period under review, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices 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 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+172.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carboys, bottles and similar articles of plastics in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 34% share of global consumption. These countries were followed by Russia, Indonesia, Pakistan, Brazil, Nigeria, Mexico, Japan, Bangladesh, Spain and Ethiopia, which together accounted for a further 22%.

What are the largest producers of carboys, bottles and similar articles of plastics in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 35% share of global production. These countries were followed by Russia, Indonesia, Pakistan, Mexico, Nigeria, Bangladesh, Japan, Spain, Brazil and Ethiopia, which together accounted for a further 22%.

What are the leading suppliers of carboys, bottles and similar articles of plastics to Myanmar?

In value terms, China, Vietnam and Thailand appeared to be the largest plastic bottle suppliers to Myanmar, together accounting for 84% of total imports. These countries were followed by Indonesia, which accounted for a further 6.3%.

What are the leading importers of carboys, bottles and similar articles of plastics from Myanmar?

In value terms, Thailand remains the key foreign market for plastic bottle exports from Myanmar, comprising 68% of total exports. The second position in the ranking was occupied by China, with a 7.5% share of total exports.

What is the average export price for carboys, bottles and similar articles of plastics in Myanmar?

In 2021, the average plastic bottle export price amounted to $3,155 per ton, increasing by 71% against the previous year.

What is the average import price for carboys, bottles and similar articles of plastics in Myanmar?

The average plastic bottle import price stood at $1,853 per ton in 2021, rising by 85% against the previous year.

This report provides an in-depth analysis of the plastic bottle 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 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres

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