Myanmar - Nucleic Acids and Their Salts - Market Analysis, Forecast, Size, Trends and Insights
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Nucleic Acid Market Size in Myanmar
For the fourth year in a row, the Myanmar's nucleic acid market recorded growth in sales value, which increased by 49% to $X in 2021. Over the period under review, consumption recorded a prominent increase. Nucleic acid consumption peaked in 2021 and is likely to see steady growth in the immediate term.
Nucleic Acid Exports
Exports from Myanmar
In 2020, approx. X tons of nucleic acids and their salts were exported from Myanmar; almost unchanged from 2019 figures. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in years to come.
In value terms, nucleic acid exports totaled $X in 2020. Overall, exports recorded significant growth. The smallest decline of 99.9% was in 2016. The exports peaked in 2020 and are expected to retain growth in the near future.
Exports by Country
Malaysia (X tons) was the main destination for nucleic acid exports from Myanmar, with a approx. 100% share of total exports.
From 2012 to 2020, the average annual growth rate of volume to Malaysia was relatively modest.
From 2012 to 2020, the average annual growth rate of value to Malaysia was relatively modest.
Export Prices by Country
The average nucleic acid export price stood at $X per ton in 2020, stabilizing at the previous year. Overall, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2016 a decrease of 99.9%. The export price peaked in 2020 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2020, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.
Nucleic Acid Imports
Imports into Myanmar
In 2021, purchases abroad of nucleic acids and their salts increased by 15% to X tons, rising for the third year in a row after two years of decline. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of 207%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.
In value terms, nucleic acid imports surged to $X in 2021. Over the period under review, imports recorded a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 196% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, China (X tons) constituted the largest nucleic acid supplier to Myanmar, accounting for a 87% share of total imports. Moreover, nucleic acid imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total imports with a 1.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+70.0% per year) and Thailand (+6.0% per year).
In value terms, China ($X) constituted the largest supplier of nucleic acids and their salts to Myanmar, comprising 77% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 4% share of total imports. It was followed by Vietnam, with a 2.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+75.7% per year) and Vietnam (+1.0% per year).
Import Prices by Country
In 2021, the average nucleic acid import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 81%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the nucleic acid 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 20145290 - Compounds containing in the structure an unfused pyridine ring or a quinoline or isoquinoline ring-system, not further fused, lactames, other heterocyclic compounds with nitrogen hetero-atom(s) only (excluding compounds containing in the structure an unfused pyrazole ring, an unfused imidazole ring, a pyrimidine ring, a piperazine ring or an unfused triazine ring) N ucleic acids and other heterocyclic compounds - thiazole, b enzothiazole, other cycles
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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