Myanmar: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Myanmar

The Myanmar's plastic self-adhesive plate market declined to $X in 2022, waning by -7.5% against the previous year. Over the period under review, consumption, however, continues to indicate a mild increase. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Plastic Self-Adhesive Plate Production in Myanmar

In value terms, plastic self-adhesive plate production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 8,281%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Plastic Self-Adhesive Plate Exports

Exports from Myanmar

In 2022, the amount of plastic self-adhesive plates, sheets and other flat shapes exported from Myanmar soared to X tons, growing by 321% compared with 2021 figures. In general, exports saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by 4,714% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic self-adhesive plate exports dropped sharply to $X in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 2,105% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for plastic self-adhesive plate exports from Myanmar, accounting for a 97% share of total exports. It was followed by Thailand (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +59.0%.

In value terms, China ($X) emerged as the key foreign market for plastic self-adhesive plates, sheets and other flat shapes exports from Myanmar, comprising 64% of total exports. The second position in the ranking was held by Thailand ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +17.3%.

Export Prices by Country

In 2022, the average plastic self-adhesive plate export price amounted to $X per ton, waning by -83.4% against the previous year. In general, the export price continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 360% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-11.6%), while the prices for the other major destinations experienced a decline.

Plastic Self-Adhesive Plate Imports

Imports into Myanmar

Plastic self-adhesive plate imports into Myanmar reduced to X tons in 2022, with a decrease of -10.2% compared with 2021. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 264% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plastic self-adhesive plate imports skyrocketed to $X in 2022. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 87% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest plastic self-adhesive plate supplier to Myanmar, accounting for a 71% share of total imports. Moreover, plastic self-adhesive plate imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. The third position in this ranking was held by Malaysia (X tons), with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+44.8% per year) and Malaysia (+37.4% per year).

In value terms, China ($X) constituted the largest supplier of plastic self-adhesive plates, sheets and other flat shapes to Myanmar, comprising 70% of total imports. The second position in the ranking was taken by Thailand ($X), with a 10% share of total imports. It was followed by South Korea, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+25.2% per year) and South Korea (+13.4% per year).

Import Prices by Country

The average plastic self-adhesive plate import price stood at $X per ton in 2022, with an increase of 45% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The import price peaked at $X per ton in 2012; however, from 2013 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 South Korea ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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