Report Update Nov 1, 2024

Myanmar - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Mixed Fertilizer Market 2024

Mixed Fertilizer Market Size in Myanmar

In 2022, the Myanmar's mixed fertilizer market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption enjoyed significant growth. Mixed fertilizer consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mixed Fertilizer Exports

Exports from Myanmar

Mixed fertilizer exports from Myanmar declined rapidly to X tons in 2020, waning by -99.3% against the previous year. Over the period under review, exports recorded a dramatic slump. The exports peaked at X tons in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

In value terms, mixed fertilizer exports contracted significantly to $X in 2020. Overall, exports continue to indicate a precipitous curtailment. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2020, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for mixed fertilizer exports from Myanmar, accounting for a approx. 99.9% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for mixed fertilizers exports from Myanmar.

From 2013 to 2020, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average mixed fertilizer export price stood at $X per ton in 2020, rising by 1,246% against the previous year. Over the period under review, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2020, the rate of growth in terms of prices for China amounted to -21.0% per year.

Mixed Fertilizer Imports

Imports into Myanmar

In 2022, after two years of decline, there was significant growth in overseas purchases of mixed fertilizers, when their volume increased by 179% to X tons. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2017 when imports increased by 233% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, mixed fertilizer imports surged to $X in 2022. Over the period under review, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest mixed fertilizer supplier to Myanmar, accounting for a 47% share of total imports. Moreover, mixed fertilizer imports from China exceeded the figures recorded by the second-largest supplier, Brunei Darussalam (X tons), fourfold. The third position in this ranking was held by Vietnam (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +39.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brunei Darussalam (0.0% per year) and Vietnam (+43.5% per year).

In value terms, China ($X), Brunei Darussalam ($X) and Vietnam ($X) constituted the largest mixed fertilizer suppliers to Myanmar, with a combined 60% share of total imports. South Korea, Malaysia, Oman, the United Arab Emirates and Belgium lagged somewhat behind, together comprising a further 26%.

Among the main suppliers, Oman, with a CAGR of +277.7%, 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 2022, the average mixed fertilizer import price amounted to $X per ton, increasing by 5% against the previous year. Over the period under review, the import price, however, showed a deep setback. The growth pace was the most rapid in 2021 when the average import price increased by 55%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+37.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed fertilizers in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 48% share of global consumption. These countries were followed by India, Indonesia, Russia, Canada, Vietnam, Germany and Egypt, which together accounted for a further 24%.

What are the largest producers of mixed fertilizers in the world?

The country with the largest volume of mixed fertilizer production was China, accounting for 29% of total volume. Moreover, mixed fertilizer production in China exceeded the figures recorded by the second-largest producer, Brazil, threefold. Russia ranked third in terms of total production with a 9.9% share.

What are the leading suppliers of mixed fertilizers to Myanmar?

In value terms, China constituted the largest supplier of mixed fertilizer to Myanmar, comprising 42% of total imports. The second position in the ranking was occupied by South Korea, with a 17% share of total imports. It was followed by Thailand, with an 8% share.

What is the average export price for mixed fertilizers in Myanmar?

In 2020, the average mixed fertilizer export price amounted to $2,503 per ton, jumping by 1,246% against the previous year.

What is the average import price for mixed fertilizers in Myanmar?

The average mixed fertilizer import price stood at $286 per ton in 2021, with an increase of 16% against the previous year.

This report provides an in-depth analysis of the mixed fertilizer 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 20157130 -
Prodcom 20157180 -
Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium

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