Report Update Nov 1, 2024

Myanmar - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Myanmar

The Myanmar's synthetic organic colouring matters market contracted modestly to $X in 2022, waning by -4.9% against the previous year. Overall, consumption, however, recorded perceptible growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Other Synthetic Organic Colouring Matters in Myanmar

In value terms, synthetic organic colouring matters production declined to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 150%. Synthetic organic colouring matters production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Other Synthetic Organic Colouring Matters

Exports from Myanmar

In 2022, overseas shipments of other synthetic organic colouring matters decreased by -92.2% to X kg, falling for the second year in a row after six years of growth. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2019 with an increase of 199%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, synthetic organic colouring matters exports shrank dramatically to $X in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 241%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for synthetic organic colouring matters exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to -50.2%.

In value terms, China ($X) also remains the key foreign market for other synthetic organic colouring matters exports from Myanmar.

From 2012 to 2022, the average annual growth rate of value to China stood at -35.3%.

Export Prices by Country

In 2022, the average synthetic organic colouring matters export price amounted to $X per ton, growing by 75% against the previous year. In general, the export price continues to indicate a temperate expansion. 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +29.8% per year.

Imports of Other Synthetic Organic Colouring Matters

Imports into Myanmar

In 2022, overseas purchases of other synthetic organic colouring matters increased by 24% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 73%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, synthetic organic colouring matters imports reduced to $X in 2022. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 79%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Malaysia (X tons) were the main suppliers of synthetic organic colouring matters imports to Myanmar, together accounting for 80% of total imports. Thailand, the Philippines, Germany and South Korea lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +59.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic organic colouring matters suppliers to Myanmar were India ($X), China ($X) and Malaysia ($X), together accounting for 73% of total imports. The Philippines, Germany, South Korea and Thailand lagged somewhat behind, together comprising a further 22%.

The Philippines, with a CAGR of +29.4%, saw the highest rates of growth with regard to 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

In 2022, the average synthetic organic colouring matters import price amounted to $X per ton, dropping by -24.1% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2020 when the average import price increased by 22%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Thailand ($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 Philippines (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other synthetic organic colouring matters in the world?

The countries with the highest volumes of in 2021 were Turkey, China and the United States, with a combined 51% share of global consumption.

What are the largest producers of other synthetic organic colouring matters in the world?

The countries with the highest volumes of in 2021 were China, Turkey and India, with a combined 60% share of global production.

What are the leading suppliers of other synthetic organic colouring matters to Myanmar?

In value terms, the largest synthetic organic colouring matters suppliers to Myanmar were Singapore, India and China, together comprising 73% of total imports.

What are the leading importers of other synthetic organic colouring matters from Myanmar?

In value terms, China remains the key foreign market for synthetic organic colouring matters exports from Myanmar.

What is the average export price for other synthetic organic colouring matters in Myanmar?

In 2020, the average synthetic organic colouring matters export price amounted to $6,434 per ton, increasing by 13% against the previous year.

What is the average import price for other synthetic organic colouring matters in Myanmar?

The average synthetic organic colouring matters import price stood at $5,092 per ton in 2021, with a decrease of -3.4% against the previous year.

This report provides an in-depth analysis of the market for synthetic organic colouring matters 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 20122150 - Other synthetic organic colouring matters

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