Myanmar: Pharmaceutical Rubber Articles Market 2025

Pharmaceutical Rubber Articles Market Size in Myanmar

The Myanmar's pharmaceutical rubber articles market reduced modestly to $X in 2021, with a decrease of -2.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate strong growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Pharmaceutical Rubber Articles Exports

Exports from Myanmar

In 2021, pharmaceutical rubber articles exports from Myanmar skyrocketed to X units, surging by 75% against the previous year. Overall, exports enjoyed a strong expansion. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, pharmaceutical rubber articles exports soared to $X in 2021. Over the period under review, exports recorded a remarkable increase. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Switzerland (X units) was the main destination for pharmaceutical rubber articles exports from Myanmar, accounting for a approx. 3.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Switzerland was relatively modest.

In value terms, Switzerland ($X) emerged as the key foreign market for hygienic or pharmaceutical articles of rubber exports from Myanmar.

From 2012 to 2021, the average annual growth rate of value to Switzerland was relatively modest.

Export Prices by Country

The average pharmaceutical rubber articles export price stood at $X per unit in 2021, waning by -29.2% against the previous year. Over the period under review, the export price, however, recorded a mild expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 87% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell rapidly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Cyprus amounted to -9.8% per year.

Pharmaceutical Rubber Articles Imports

Imports into Myanmar

In 2021, pharmaceutical rubber articles imports into Myanmar declined remarkably to X units, falling by -35.7% compared with the year before. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 476% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, pharmaceutical rubber articles imports skyrocketed to $X in 2021. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 532% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

France (X units), India (X units) and Taiwan (Chinese) (X units) were the main suppliers of pharmaceutical rubber articles imports to Myanmar, with a combined 46% share of total imports. Singapore, Thailand, China, Vietnam, Indonesia and South Korea lagged somewhat behind, together comprising a further 46%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +98.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Taiwan (Chinese) ($X) and Singapore ($X) constituted the largest pharmaceutical rubber articles suppliers to Myanmar, together comprising 58% of total imports. These countries were followed by France, India, Vietnam, China, Thailand and South Korea, which together accounted for a further 32%.

In terms of the main suppliers, Vietnam, with a CAGR of +81.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pharmaceutical rubber articles import price amounted to $X per unit, jumping by 96% against the previous year. Over the period under review, the import price posted a resilient increase. 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 Indonesia ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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