Myanmar: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in Myanmar

The Myanmar's wooden case and box market contracted to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a noticeable decline. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Packing Cases, Boxes And Similar Packings in Myanmar

In value terms, wooden case and box production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Myanmar

In 2022, shipments abroad of packing cases, boxes and similar packings was finally on the rise to reach X units after three years of decline. In general, exports enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, wooden case and box exports skyrocketed to $X in 2022. Overall, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for wooden case and box exports from Myanmar, with a X% share of total exports. It was followed by Vietnam (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for packing cases, boxes and similar packings exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

In 2022, the average wooden case and box export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Vietnam stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%).

Imports of Packing Cases, Boxes And Similar Packings

Imports into Myanmar

In 2022, overseas purchases of packing cases, boxes and similar packings were finally on the rise to reach X units after three years of decline. In general, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, wooden case and box imports amounted to $X in 2022. Overall, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X units) constituted the largest wooden case and box supplier to Myanmar, with a X% share of total imports. Moreover, wooden case and box imports from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fivefold. The third position in this ranking was held by China (X units), with an X% share.

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

In value terms, Thailand ($X) constituted the largest supplier of packing cases, boxes and similar packings to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

Import Prices by Country

The average wooden case and box import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per unit 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 Thailand ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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