Myanmar: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Myanmar

The Myanmar's non-cellular polyvinyl chloride film market rose notably to $X in 2022, growing by 9.3% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -23.0% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Myanmar

In value terms, non-cellular polyvinyl chloride film production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 56%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Myanmar

In 2022, approx. X tons of non-cellular polyvinyl chloride films, sheets, foil and strip were exported from Myanmar; increasing by 61% against 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polyvinyl chloride film exports surged to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons) was the main destination for non-cellular polyvinyl chloride film exports from Myanmar, with a 83% share of total exports. Moreover, non-cellular polyvinyl chloride film exports to Malaysia exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2014 to 2022, the average annual rate of growth in terms of volume to Malaysia stood at +73.0%.

In value terms, Malaysia ($X) remains the key foreign market for non-cellular polyvinyl chloride films, sheets, foil and strip exports from Myanmar, comprising 82% of total exports. The second position in the ranking was taken by the United States ($X), with an 18% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of value to Malaysia stood at +11.9%.

Export Prices by Country

The average non-cellular polyvinyl chloride film export price stood at $X per ton in 2022, falling by -17.6% against the previous year. Overall, the export price showed a noticeable descent. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-26.0%).

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Myanmar

In 2022, imports of non-cellular polyvinyl chloride films, sheets, foil and strip into Myanmar surged to X tons, growing by 26% on 2021 figures. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2015 when imports increased by 488% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-cellular polyvinyl chloride film imports surged to $X in 2022. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 157% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest non-cellular polyvinyl chloride film supplier to Myanmar, with a 75% share of total imports. Moreover, non-cellular polyvinyl chloride film imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sevenfold. Indonesia (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+33.1% per year) and Indonesia (-6.5% per year).

In value terms, China ($X) constituted the largest supplier of non-cellular polyvinyl chloride films, sheets, foil and strip to Myanmar, comprising 66% of total imports. The second position in the ranking was taken by Thailand ($X), with a 14% share of total imports. It was followed by Indonesia, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+23.6% per year) and Indonesia (-8.0% per year).

Import Prices by Country

In 2022, the average non-cellular polyvinyl chloride film import price amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, saw a deep contraction. The growth pace was the most rapid in 2021 an increase of 20%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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