Myanmar: Wooden Door Market 2024

Wooden Door Market Size in Myanmar

In 2021, the Myanmar's wooden door market increased by 5.6% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wooden Door Production in Myanmar

In value terms, wooden door production reached $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by 35% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wooden Door Exports

Exports from Myanmar

In 2021, overseas shipments of doors and their frames and thresholds of wood decreased by -96.1% to X units, falling for the second year in a row after three years of growth. Overall, exports recorded a sharp setback. The growth pace was the most rapid in 2019 when exports increased by 916%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, wooden door exports declined markedly to $X in 2021. Over the period under review, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2019 with an increase of 557%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Thailand (X units) was the main destination for wooden door exports from Myanmar, with a 87% share of total exports. Moreover, wooden door exports to Thailand exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold. The United States (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand amounted to -28.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+99.6% per year) and the United States (+162.1% per year).

In value terms, Thailand ($X) remains the key foreign market for doors and their frames and thresholds of wood exports from Myanmar, comprising 53% of total exports. The second position in the ranking was held by the United States ($X), with a 19% share of total exports. It was followed by New Zealand, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand totaled -31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+126.9% per year) and New Zealand (+5.0% per year).

Export Prices by Country

The average wooden door export price stood at $X per unit in 2021, with an increase of 39% against the previous year. Overall, the export price saw a slight expansion. The pace of growth was the most pronounced in 2015 an increase of 63% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+66.6%), while the prices for the other major destinations experienced a decline.

Wooden Door Imports

Imports into Myanmar

After two years of growth, overseas purchases of doors and their frames and thresholds of wood decreased by -27.5% to X units in 2021. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 333%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wooden door imports dropped markedly to $X in 2021. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 370% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Indonesia (X units) and Thailand (X units) were the main suppliers of wooden door imports to Myanmar, with a combined 87% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +655.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of doors and their frames and thresholds of wood to Myanmar, comprising 53% of total imports. The second position in the ranking was held by Indonesia ($X), with a 21% share of total imports. It was followed by Malaysia, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+670.1% per year) and Malaysia (+11.6% per year).

Import Prices by Country

The average wooden door import price stood at $X per unit in 2021, rising by 2.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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