Report Update Nov 1, 2024

Myanmar - High-Tenacity Filament Yarn of Nylon or Other Polyamides - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Myanmar

In 2022, the Myanmar's high-tenacity filament nylon yarn market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted a significant expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Myanmar

In 2022, shipments abroad of high-tenacity filament yarn of nylon or other polyamides decreased by 0% to X tons, falling for the second year in a row after three years of growth. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 2.7% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn exports totaled $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 770% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for high-tenacity filament nylon yarn exports from Myanmar, with a approx. 100% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to Thailand amounted to +67.9%.

From 2016 to 2022, the average annual rate of growth in terms of value to Thailand amounted to +124.6%.

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price enjoyed a significant increase. The growth pace was the most rapid in 2020 an increase of 747%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Thailand amounted to +33.8% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Myanmar

In 2022, purchases abroad of high-tenacity filament yarn of nylon or other polyamides was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 803%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn imports skyrocketed to $X in 2022. Overall, imports saw significant growth. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons) and Thailand (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Myanmar.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +60.3%).

In value terms, the largest high-tenacity filament nylon yarn suppliers to Myanmar were Thailand ($X) and China ($X).

Thailand, with a CAGR of +51.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2022, jumping by 34% against the previous year. Overall, the import price, however, showed a abrupt decrease. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-5.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for high-tenacity filament yarn of nylon or other polyamides in the world?

China constituted the country with the largest volume of high-tenacity filament nylon yarn consumption, comprising approx. 23% of total volume. Moreover, high-tenacity filament nylon yarn consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.2% share.

What are the largest producers of high-tenacity filament yarn of nylon or other polyamides in the world?

China constituted the country with the largest volume of high-tenacity filament nylon yarn production, accounting for 25% of total volume. Moreover, high-tenacity filament nylon yarn production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6% share.

What are the leading importers of high-tenacity filament yarn of nylon or other polyamides from Myanmar?

In value terms, Thailand remains the key foreign market for high-tenacity filament nylon yarn exports from Myanmar.

What is the average export price for high-tenacity filament yarn of nylon or other polyamides in Myanmar?

The average high-tenacity filament nylon yarn export price stood at $5,171 per ton in 2021, dropping by -77.2% against the previous year.

This report provides an in-depth analysis of the market for high-tenacity filament nylon yarn 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 20601240 - High-tenacity filament yarn of nylon or other polyamides (excluding sewing thread, yarn put up for retail sale and hightenacity filament yarn of aramids)

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