Myanmar: Room Deodorants Market 2024

Room Deodorants Market Size in Myanmar

The Myanmar's room deodorants market declined notably to $X in 2022, falling by -19.8% against the previous year. Overall, consumption, however, showed a dramatic shrinkage. Room deodorants consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Room Deodorants Production in Myanmar

In value terms, room deodorants production declined to $X in 2022 estimated in export price. Over the period under review, production faced a deep setback. The pace of growth appeared the most rapid in 2016 when the production volume increased by 179% against the previous year. Room deodorants production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Room Deodorants Exports

Exports from Myanmar

In 2022, after two years of growth, there was significant decline in overseas shipments of preparations for perfuming or deodorising rooms, when their volume decreased by -19.9% to X tons. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 982% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, room deodorants exports shrank remarkably to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 500%. The exports peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

Malaysia (X tons) was the main destination for room deodorants exports from Myanmar, accounting for a 77% share of total exports. Moreover, room deodorants exports to Malaysia exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-15.9% per year) and Australia (+67.9% per year).

In value terms, the largest markets for room deodorants exported from Myanmar were Malaysia ($X), the United States ($X) and Australia ($X), together accounting for 95% of total exports.

The United States, with a CAGR of +39.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average room deodorants export price stood at $X per ton in 2022, shrinking by -16.9% against the previous year. In general, the export price recorded a drastic downturn. The growth pace was the most rapid in 2019 an increase of 91% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+66.4%), while the prices for the other major destinations experienced a decline.

Room Deodorants Imports

Imports into Myanmar

In 2022, imports of preparations for perfuming or deodorising rooms into Myanmar skyrocketed to X tons, growing by 15% compared with 2021 figures. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 283% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, room deodorants imports shrank to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 67%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest room deodorants supplier to Myanmar, accounting for a 54% share of total imports. Moreover, room deodorants imports from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. The third position in this ranking was held by China (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand stood at +39.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+69.3% per year) and China (+21.8% per year).

In value terms, Thailand ($X) constituted the largest supplier of preparations for perfuming or deodorising rooms to Myanmar, comprising 45% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Vietnam, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and Vietnam (+46.8% per year).

Import Prices by Country

In 2022, the average room deodorants import price amounted to $X per ton, reducing by -24% against the previous year. Overall, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. 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 Indonesia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-10.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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