Report Update Nov 1, 2024

Myanmar - Gel Preparations for Human or Veterinary Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Myanmar

In 2022, the Myanmar's medical gel preparations market decreased by -56.7% to $X, falling for the fourth year in a row after three years of growth. In general, consumption, however, saw a prominent increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Medical Gel Preparations Exports

Exports from Myanmar

In 2019, shipments abroad of gel preparations for human or veterinary medicine decreased by -53.1% to X kg for the first time since 2016, thus ending a two-year rising trend. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2018 with an increase of 381% against the previous year. As a result, the exports reached the peak of X kg, and then contracted remarkably in the following year.

In value terms, medical gel preparations exports contracted remarkably to $X in 2019. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 1,216%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Kuwait (X kg) was the main destination for medical gel preparations exports from Myanmar, with a approx. 99% share of total exports.

From 2017 to 2019, the average annual rate of growth in terms of volume to Kuwait amounted to -48.4%.

In value terms, Kuwait ($X) also remains the key foreign market for gel preparations for human or veterinary medicine exports from Myanmar.

From 2017 to 2019, the average annual growth rate of value to Kuwait totaled -13.9%.

Export Prices by Country

The average medical gel preparations export price stood at $X per ton in 2019, jumping by 69% against the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 174% against the previous year. Over the period under review, the average export prices hit record highs in 2019 and is expected to retain growth in years to come.

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

From 2017 to 2019, the rate of growth in terms of prices for Kuwait amounted to +67.0% per year.

Medical Gel Preparations Imports

Imports into Myanmar

In 2022, supplies from abroad of gel preparations for human or veterinary medicine decreased by -61.1% to X tons, falling for the fifth year in a row after six years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 304% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, medical gel preparations imports contracted significantly to $X in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 258%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Singapore (X tons) were the main suppliers of medical gel preparations imports to Myanmar, with a combined 67% share of total imports. Vietnam, South Korea, Bangladesh and Macao SAR lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +17.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of gel preparations for human or veterinary medicine to Myanmar, comprising 55% of total imports. The second position in the ranking was held by Vietnam ($X), with a 7.5% share of total imports. It was followed by Singapore, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+16.3% per year) and Singapore (+6.8% per year).

Import Prices by Country

In 2022, the average medical gel preparations import price amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 108%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Macao SAR ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gel preparations for human or veterinary medicine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 30% share of global consumption. These countries were followed by Turkey, the Netherlands, Anguilla, Germany, Pakistan, Russia, Palestine, Myanmar, Brazil and Indonesia, which together accounted for a further 33%.

What are the largest producers of gel preparations for human or veterinary medicine in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, with a combined 40% share of global production. These countries were followed by India, Thailand, Germany, Russia, Pakistan, Bangladesh, Brazil, Indonesia, Italy and Iran, which together accounted for a further 38%.

What are the leading suppliers of gel preparations for human or veterinary medicine to Myanmar?

In value terms, Pakistan, China and Thailand appeared to be the largest medical gel preparations suppliers to Myanmar, with a combined 56% share of total imports.

What are the leading importers of gel preparations for human or veterinary medicine from Myanmar?

In value terms, Kuwait remains the key foreign market for medical gel preparations exports from Myanmar.

What is the average export price for gel preparations for human or veterinary medicine in Myanmar?

In 2019, the average medical gel preparations export price amounted to $45,422 per ton, surging by 64% against the previous year.

What is the average import price for gel preparations for human or veterinary medicine in Myanmar?

The average medical gel preparations import price stood at $3,688 per ton in 2021, declining by -13% against the previous year.

This report provides an in-depth analysis of the medical gel preparations 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 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments

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