Myanmar: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Myanmar

The Myanmar's market for chromium, manganese, lead and copper oxides and hydroxides contracted slightly to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Myanmar

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides contracted to $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Myanmar

In 2022, overseas shipments of chromium, manganese, lead and copper oxides and hydroxides decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides declined to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X tons) was the main destination for exports of chromium, manganese, lead and copper oxides and hydroxides from Myanmar, accounting for a X% share of total exports. It was followed by China (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Thailand totaled X%.

In value terms, Thailand ($X) remains the key foreign market for chromium, manganese, lead and copper oxides and hydroxides exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand stood at X%.

Export Prices by Country

In 2022, the average export price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Thailand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Myanmar

In 2022, approx. X tons of chromium, manganese, lead and copper oxides and hydroxides were imported into Myanmar; with a decrease of X% on the previous year. In general, imports, however, posted a notable expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides surged to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) was the main chromium, manganese, lead and copper oxide and hydroxide supplier to Myanmar, with a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of chromium, manganese, lead and copper oxides and hydroxides to Myanmar, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average import price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, with an increase of X% against the previous year. In general, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :