Myanmar: Particle Board Market 2025

Particle Board Market Size in Myanmar

In 2022, the Myanmar's particle board market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption enjoyed a tangible increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Particle Board Production in Myanmar

In value terms, particle board production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume decreased by 99.9% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in years to come.

Particle Board Exports

Exports from Myanmar

In 2022, shipments abroad of particle board decreased by 0% to X cubic meters, falling for the second year in a row after two years of decline. Over the period under review, exports faced a precipitous slump. The pace of growth was the most pronounced in 2015 with an increase of 4.3%. As a result, the exports reached the peak of X cubic meters. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, particle board exports amounted to $X in 2022. In general, exports showed a dramatic slump. The pace of growth was the most pronounced in 2015 when exports increased by 167% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X cubic meters) was the main destination for particle board exports from Myanmar, with a 67% share of total exports. Moreover, particle board exports to Singapore exceeded the volume sent to the second major destination, Thailand (X cubic meters), fourfold. The third position in this ranking was held by China (X cubic meters), with a 13% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to Singapore stood at -18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-33.1% per year) and China (-24.9% per year).

It was followed by Thailand, with a 7.9% share.

From 2014 to 2022, the average annual growth rate of value to Singapore amounted to -21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-24.3% per year) and Thailand (-29.5% per year).

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2022, almost unchanged from the previous year. Overall, the export price saw a strong expansion. The growth pace was the most rapid in 2015 an increase of 156%. The export price peaked at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to France ($X per cubic meter) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+117.5%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Myanmar

In 2022, supplies from abroad of particle board increased by 231% to X cubic meters for the first time since 2018, thus ending a three-year declining trend. Overall, imports continue to indicate a strong increase. Over the period under review, imports reached the peak figure at X cubic meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, particle board imports surged to $X in 2022. In general, imports recorded noticeable growth. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X cubic meters) constituted the largest particle board supplier to Myanmar, accounting for a 88% share of total imports. Moreover, particle board imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X cubic meters), eightfold.

From 2012 to 2022, the average annual growth rate of volume from Thailand stood at +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.1% per year) and Malaysia (-10.8% per year).

In value terms, Thailand ($X) constituted the largest supplier of particle board to Myanmar, comprising 90% of total imports. The second position in the ranking was held by China ($X), with an 8.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Thailand stood at +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.7% per year) and Malaysia (-18.2% per year).

Import Prices by Country

The average particle board import price stood at $X per cubic meter in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per cubic meter), while the price for Malaysia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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