Report Update Nov 1, 2024

Myanmar - Plastic Hoses and Hose Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Myanmar

After two years of growth, the Myanmar's market for plastic hoses and hose fittings decreased by -9% to $X in 2021. Over the period under review, consumption, however, showed a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Plastic Hoses and Hose Fittings

Exports from Myanmar

For the third year in a row, Myanmar recorded growth in overseas shipments of plastic hoses and hose fittings, which increased by 2.8% to X tons in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 306% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, plastic hose and hose fitting exports dropped remarkably to $X in 2021. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 204%. Over the period under review, the exports hit record highs at $X in 2020, and then declined markedly in the following year.

Exports by Country

Indonesia (X tons) was the main destination for plastic hose and hose fitting exports from Myanmar, with a 99% share of total exports. It was followed by the United States (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia amounted to +48.6%.

In value terms, Indonesia ($X) remains the key foreign market for plastic hoses and hose fittings exports from Myanmar, comprising 99% of total exports. The second position in the ranking was held by the United States ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled +30.4%.

Export Prices by Country

The average export price for plastic hoses and hose fittings stood at $X per ton in 2021, dropping by -60.6% against the previous year. In general, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 75% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Indonesia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+20.7%).

Imports of Plastic Hoses and Hose Fittings

Imports into Myanmar

After two years of growth, supplies from abroad of plastic hoses and hose fittings decreased by -19.1% to X tons in 2021. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 with an increase of 211% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then declined significantly in the following year.

In value terms, plastic hose and hose fitting imports shrank to $X in 2021. Over the period under review, imports, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2017 with an increase of 247% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of plastic hose and hose fitting imports to Myanmar, with a combined 88% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +163.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constituted the largest supplier of plastic hoses and hose fittings to Myanmar, comprising 46% of total imports. The second position in the ranking was taken by South Korea ($X), with a 19% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia totaled +158.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+11.7% per year) and China (-7.3% per year).

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2021, surging by 21% against the previous year. Overall, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 45% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Indonesia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic hoses and hose fittings in the world?

The country with the largest volume of plastic hose and hose fitting consumption was China, accounting for 24% of total volume. Moreover, plastic hose and hose fitting consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of plastic hoses and hose fittings in the world?

China remains the largest plastic hose and hose fitting producing country worldwide, comprising approx. 29% of total volume. Moreover, plastic hose and hose fitting production in China exceeded the figures recorded by the second-largest producer, India, threefold. Germany ranked third in terms of total production with a 7% share.

What are the leading suppliers of plastic hoses and hose fittings to Myanmar?

In value terms, South Korea, Thailand and China were the largest plastic hose and hose fitting suppliers to Myanmar, together accounting for 78% of total imports. These countries were followed by Indonesia, Malaysia and Taiwan Chinese), which together accounted for a further 9.6%.

What are the leading importers of plastic hoses and hose fittings from Myanmar?

In value terms, Indonesia emerged as the key foreign market for plastic hose and hose fitting exports from Myanmar, comprising 94% of total exports. The second position in the ranking was occupied by Thailand, with a 5.4% share of total exports.

What is the average export price for plastic hoses and hose fittings in Myanmar?

In 2020, the average export price for plastic hoses and hose fittings amounted to $16,047 per ton, picking up by 46% against the previous year.

What is the average import price for plastic hoses and hose fittings in Myanmar?

In 2020, the average import price for plastic hoses and hose fittings amounted to $1,302 per ton, declining by -26.2% against the previous year.

This report provides an in-depth analysis of the market for plastic hose and hose fitting 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 22212920 - Flexible tubes, pipes and hoses of plastics, with a burst pressure . .27,6 MPa
Prodcom 22212935 - Flexible tubes, pipes and hoses of plastics, not reinforced or otherwise combined with other materials, without fittings
Prodcom 22212937 - Flexible tubes, pipes and hoses of plastics, not reinforced or otherwise combined with other materials, with fittings, seals or connectors
Prodcom 22212950 - Plastic tubes, pipes and hoses (excluding artificial guts, s ausage skins, rigid, flexible tubes and pipes having a minimum burst pressure of .27,6 MPa)

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