Report Update Nov 1, 2024

Myanmar - Non-Woven Glass Fibre Webs, Felts, Mattresses and Boards - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Myanmar

The Myanmar's non-woven glass fibre articles market skyrocketed to $X in 2021, increasing by 723% 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 showed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Myanmar

In 2021, shipments abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by -47.1% to X tons, falling for the fifth year in a row after three years of growth. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 111%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-woven glass fibre articles exports shrank slightly to $X in 2021. In general, exports faced a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 31%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X kg) was the main destination for non-woven glass fibre articles exports from Myanmar, with a 39% share of total exports. Moreover, non-woven glass fibre articles exports to Spain exceeded the volume sent to the second major destination, Singapore (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled -40.3%.

In value terms, Spain ($X) emerged as the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Myanmar, comprising 40% of total exports. The second position in the ranking was taken by Singapore ($X), with a 1.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain totaled -15.1%.

Export Prices by Country

In 2021, the average non-woven glass fibre articles export price amounted to $X per ton, growing by 81% against the previous year. In general, the export price, however, recorded a perceptible curtailment. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Singapore totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+42.4%).

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Myanmar

Non-woven glass fibre articles imports into Myanmar soared to X tons in 2021, rising by 919% on 2020 figures. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-woven glass fibre articles imports skyrocketed to $X in 2021. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest non-woven glass fibre articles supplier to Myanmar, accounting for a 83% share of total imports. Moreover, non-woven glass fibre articles imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. Vietnam (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+36.9% per year) and Vietnam (+21.9% per year).

In value terms, China ($X), Hong Kong SAR ($X) and Thailand ($X) constituted the largest non-woven glass fibre articles suppliers to Myanmar, with a combined 84% share of total imports.

Hong Kong SAR, with a CAGR of +43.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-woven glass fibre articles import price stood at $X per ton in 2021, falling by -29.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 63%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-woven glass fibre webs, felts, mattresses and boards in the world?

The United States remains the largest non-woven glass fibre articles consuming country worldwide, accounting for 41% of total volume. Moreover, non-woven glass fibre articles consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. France ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of non-woven glass fibre webs, felts, mattresses and boards in the world?

The United States constituted the country with the largest volume of non-woven glass fibre articles production, accounting for 41% of total volume. Moreover, non-woven glass fibre articles production in the United States exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by India, with a 6.2% share.

What are the leading suppliers of non-woven glass fibre webs, felts, mattresses and boards to Myanmar?

In value terms, China constituted the largest supplier of non-woven glass fibre articles to Myanmar, comprising 77% of total imports. The second position in the ranking was occupied by Vietnam, with an 11% share of total imports.

What are the leading importers of non-woven glass fibre webs, felts, mattresses and boards from Myanmar?

In value terms, Singapore $289) remains the key foreign market for non-woven glass fibre articles exports from Myanmar.

What is the average export price for non-woven glass fibre webs, felts, mattresses and boards in Myanmar?

In 2020, the average non-woven glass fibre articles export price amounted to $3,247 per ton, picking up by 43% against the previous year.

What is the average import price for non-woven glass fibre webs, felts, mattresses and boards in Myanmar?

In 2020, the average non-woven glass fibre articles import price amounted to $251 per ton, which is down by -80.9% against the previous year.

This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

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