Myanmar: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Myanmar

The Myanmar's market for organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022, picking up by 44% against the previous year. Over the period under review, consumption showed a significant expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Myanmar

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 38%. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Myanmar

In 2013, approx. X kg of organo-sulphur compounds and other organo-inorganic compounds were exported from Myanmar; which is down by -70.2% against 2012 figures. In general, exports recorded a significant contraction. Over the period under review, the exports of hit record highs at X kg in 2012, and then shrank sharply in the following year.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds declined markedly to $X in 2013. Overall, exports faced a dramatic curtailment. Over the period under review, the exports of reached the peak figure at $X in 2012, and then fell dramatically in the following year.

Exports by Country

Qatar (X kg) was the main destination for exports of organo-sulphur compounds and other organo-inorganic compounds from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2013, the average annual rate of growth in terms of volume to Qatar was relatively modest.

In value terms, Qatar ($X) emerged as the key foreign market for organo-sulphur compounds and other organo-inorganic compounds exports from Myanmar.

From 2012 to 2013, the average annual rate of growth in terms of value to Qatar was relatively modest.

Export Prices by Country

In 2013, the average export price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, leveling off at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained 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 Qatar.

From 2012 to 2013, the rate of growth in terms of prices for Qatar amounted to 0.0% per year.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Myanmar

Imports of organo-sulphur compounds and other organo-inorganic compounds into Myanmar skyrocketed to X tons in 2022, increasing by 31% compared with 2021. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 18,799% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when imports increased by 22,030%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of organo-sulphur compounds and other organo-inorganic compounds to Myanmar, accounting for a 58% share of total imports. Moreover, imports of organo-sulphur compounds and other organo-inorganic compounds from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), twofold. The third position in this ranking was taken by Malaysia (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +72.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+225.6% per year) and Malaysia (+71.0% per year).

In value terms, the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Myanmar were China ($X), Singapore ($X) and Malaysia ($X), together comprising 93% of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +156.8%, recorded 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

The average import price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, rising by 10% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per ton) and Singapore ($X per ton), while the price for China ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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