We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Myanmar - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Myanmar: Polystyrene Market 2024

Polystyrene Market Size in Myanmar

The Myanmar's polystyrene market dropped to $X in 2022, waning by -6.2% against the previous year. Over the period under review, consumption saw a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Polystyrene Production in Myanmar

In value terms, polystyrene production reduced to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 20% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Polystyrene Exports

Exports from Myanmar

In 2022, the amount of polystyrene exported from Myanmar soared to X tons, surging by 136% against the year before. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,492%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, polystyrene exports skyrocketed to $X in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,101% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for polystyrene exports from Myanmar, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to China stood at +37.4%.

In value terms, China ($X) also remains the key foreign market for polystyrene exports from Myanmar.

From 2013 to 2022, the average annual rate of growth in terms of value to China amounted to +55.0%.

Export Prices by Country

In 2022, the average polystyrene export price amounted to $X per ton, shrinking by -24.1% against the previous year. In general, the export price faced a deep slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 24%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to +12.8% per year.

Polystyrene Imports

Imports into Myanmar

In 2022, the amount of polystyrene imported into Myanmar expanded markedly to X tons, increasing by 12% on the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 275%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, polystyrene imports declined to $X in 2022. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 170% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of polystyrene imports to Myanmar, together accounting for 88% of total imports. Saudi Arabia, the United States and Singapore lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +79.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest polystyrene suppliers to Myanmar, with a combined 89% share of total imports. Saudi Arabia, the United States and Singapore lagged somewhat behind, together comprising a further 10%.

In terms of the main suppliers, the United States, with a CAGR of +47.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polystyrene import price stood at $X per ton in 2022, waning by -18.8% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 14%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, India and the United States, together accounting for 38% of global consumption.
The countries with the highest volumes of in 2021 were China, India and the United States, together comprising 35% of global production.
In value terms, Singapore, Taiwan Chinese) and Thailand appeared to be the largest polystyrene suppliers to Myanmar, together comprising 67% of total imports. These countries were followed by Vietnam, China, Saudi Arabia and Malaysia, which together accounted for a further 27%.
The average polystyrene export price stood at $731 per ton in 2021, standing approx. at the previous year.
The average polystyrene import price stood at $1,209 per ton in 2021, with an increase of 40% against the previous year.

This report provides an in-depth analysis of the polystyrene market 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 20162035 - Expansible polystyrene, in primary forms
  • Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

Recommended reports

Asia - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 445

This report provides an in-depth analysis of the polystyrene market in Asia.

U.S. - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 517

This report provides an in-depth analysis of the polystyrene market in the U.S..

China - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 901

This report provides an in-depth analysis of the polystyrene market in China.

EU - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 787

This report provides an in-depth analysis of the polystyrene market in the EU.

World - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 2275

This report provides an in-depth analysis of the global polystyrene market.

Free Data: Polystyrene, In Primary Forms - Myanmar
Table
Polystyrene, In Primary Forms - Myanmar - Table
Dashboard
Polystyrene, In Primary Forms - Myanmar - Dashboard
Report
Polystyrene, In Primary Forms - Myanmar - Report