Myanmar: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Myanmar

The Myanmar's hypochlorites, chlorites and hypobromites market shrank slightly to $X in 2022, declining by -2.6% against the previous year. In general, consumption recorded a mild setback. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Myanmar

In value terms, hypochlorites, chlorites and hypobromites production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production showed a slight slump. The most prominent rate of growth was recorded in 2016 with an increase of 162% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Myanmar

Hypochlorites, chlorites and hypobromites exports from Myanmar amounted to X tons in 2020, standing approx. at the previous year's figure. Overall, exports saw a pronounced increase. The smallest decline of 99.9% was in 2019. The exports peaked in 2020 and are likely to continue growth in years to come.

In value terms, hypochlorites, chlorites and hypobromites exports stood at $X in 2020. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the maximum in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

China (X tons) was the main destination for hypochlorites, chlorites and hypobromites exports from Myanmar, with a approx. 100% share of total exports.

From 2018 to 2020, the average annual rate of growth in terms of volume to China was relatively modest.

From 2018 to 2020, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2020, remaining constant against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2019 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum in 2020 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 China.

From 2018 to 2020, the rate of growth in terms of prices for China amounted to 0.0% per year.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Myanmar

In 2022, overseas purchases of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 234% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 4,607% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports surged to $X in 2022. Overall, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 3,670%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of hypochlorites, chlorites and hypobromites to Myanmar, with a 86% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from Thailand exceeded the figures recorded by the second-largest supplier, India (X tons), ninefold. Indonesia (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled +34.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+22.1% per year) and Indonesia (+4.4% per year).

In value terms, Thailand ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Myanmar, comprising 86% of total imports. The second position in the ranking was taken by India ($X), with an 8.1% share of total imports. It was followed by Indonesia, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Thailand amounted to +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.1% per year) and Indonesia (+18.2% per year).

Import Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, rising by 31% against the previous year. Overall, the import price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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