Report Update Nov 1, 2024

Myanmar - Medicaments Containing Corticosteroid Hormones - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Medicaments Containing Corticosteroid Hormones 2024

Market Size for Medicaments Containing Corticosteroid Hormones in Myanmar

The Myanmar's medicaments containing corticosteroid hormones market skyrocketed to $X in 2021, increasing by 30% 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). Over the period under review, consumption recorded significant growth. Medicaments containing corticosteroid hormones consumption peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Medicaments Containing Corticosteroid Hormones

Exports from Myanmar

For the third consecutive year, Myanmar recorded growth in shipments abroad of medicaments containing corticosteroid hormones, which increased by 33% to X kg in 2019. In general, exports, however, continue to indicate a precipitous slump. Over the period under review, the exports attained the maximum at X kg in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

In value terms, medicaments containing corticosteroid hormones exports stood at $X in 2019. Overall, exports, however, showed a significant decrease. The exports peaked at $X in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

Exports by Country

Chile (X kg) was the main destination for medicaments containing corticosteroid hormones exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to Chile was relatively modest.

In value terms, Chile ($X) emerged as the key foreign market for medicaments containing corticosteroid hormones exports from Myanmar.

From 2013 to 2019, the average annual growth rate of value to Chile was relatively modest.

Export Prices by Country

In 2019, the average medicaments containing corticosteroid hormones export price amounted to $X per ton, falling by -26.9% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2014 a decrease of -5.8%. The export price peaked at $X per ton in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

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

From 2013 to 2019, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.

Imports of Medicaments Containing Corticosteroid Hormones

Imports into Myanmar

In 2021, the amount of medicaments containing corticosteroid hormones imported into Myanmar expanded modestly to X tons, surging by 1.5% on 2020 figures. Over the period under review, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 1,199%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, medicaments containing corticosteroid hormones imports soared to $X in 2021. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 924%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), Pakistan (X tons) and Malaysia (X tons) were the main suppliers of medicaments containing corticosteroid hormones imports to Myanmar, together comprising 79% of total imports. Thailand, India, China, Bangladesh, Vietnam, Singapore and Indonesia lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +73.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of medicaments containing corticosteroid hormones to Myanmar, comprising 50% of total imports. The second position in the ranking was held by Pakistan ($X), with a 24% share of total imports. It was followed by Malaysia, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +60.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+27.1% per year) and Malaysia (+28.7% per year).

Import Prices by Country

The average medicaments containing corticosteroid hormones import price stood at $X per ton in 2021, surging by 44% 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 2016 an increase of 79%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+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 medicaments containing corticosteroid hormones in the world?

The countries with the highest volumes of medicaments containing corticosteroid hormones consumption in 2020 were China, Denmark and the United States, with a combined 43% share of global consumption.

What are the largest producers of medicaments containing corticosteroid hormones in the world?

The countries with the highest volumes of medicaments containing corticosteroid hormones production in 2020 were China, Denmark and the United States, together comprising 43% of global production.

What are the leading suppliers of medicaments containing corticosteroid hormones to Myanmar?

In value terms, Germany constituted the largest supplier of medicaments containing corticosteroid hormones to Myanmar, comprising 86% of total imports. The second position in the ranking was occupied by India, with a 3.1% share of total imports.

What is the average export price for medicaments containing corticosteroid hormones in Myanmar?

In 2019, the average medicaments containing corticosteroid hormones export price amounted to $127,384 per ton, reducing by -21.4% against the previous year.

What is the average import price for medicaments containing corticosteroid hormones in Myanmar?

The average medicaments containing corticosteroid hormones import price stood at $39,920 per ton in 2020, growing by 4.2% against the previous year.

This report provides an in-depth analysis of the market for medicaments containing corticosteroid hormones 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 21201270 - Medicaments containing corticosteroid hormones, their derivatives and structural analogues, put up in measured doses or for retail sale

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