Report Update Nov 1, 2024

Myanmar - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Printing Ink Market 2024

Printing Ink Market Size in Myanmar

The Myanmar's printing ink market expanded sharply to $X in 2022, increasing by 9.7% against the previous year. Over the period under review, consumption, however, recorded a abrupt setback. Printing ink consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Printing Ink Production in Myanmar

In value terms, printing ink production reached $X in 2022 estimated in export price. In general, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 38% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Printing Ink Exports

Exports from Myanmar

For the fifth year in a row, Myanmar recorded decline in shipments abroad of printing ink, which decreased by -99.3% to X kg in 2022. Over the period under review, exports recorded a sharp slump. The pace of growth was the most pronounced in 2014 when exports increased by 458%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing ink exports declined rapidly to $X in 2022. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 888% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X kg) was the main destination for printing ink exports from Myanmar, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Taiwan (Chinese) was relatively modest.

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for printing ink exports from Myanmar.

From 2012 to 2022, the average annual growth rate of value to Taiwan (Chinese) was relatively modest.

Export Prices by Country

The average printing ink export price stood at $X per ton in 2022, picking up by 9.2% against the previous year. Overall, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -18.9% per year.

Printing Ink Imports

Imports into Myanmar

In 2022, overseas purchases of printing ink were finally on the rise to reach X tons after two years of decline. In general, imports recorded perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of 82% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, printing ink imports surged to $X in 2022. Over the period under review, imports enjoyed mild growth. The most prominent rate of growth was recorded in 2015 when imports increased by 88% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest printing ink supplier to Myanmar, accounting for a 60% share of total imports. Moreover, printing ink imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+2.0% per year) and Taiwan (Chinese) (+26.2% per year).

In value terms, China ($X) constituted the largest supplier of printing ink to Myanmar, comprising 40% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 18% share of total imports. It was followed by Taiwan (Chinese), with a 16% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+20.4% per year) and Taiwan (Chinese) (+30.7% per year).

Import Prices by Country

In 2022, the average printing ink import price amounted to $X per ton, shrinking by -13.9% against the previous year. Overall, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2020 an increase of 24%. 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 South Korea ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for printing ink in the world?

China remains the largest printing ink consuming country worldwide, accounting for 18% of total volume. Moreover, printing ink consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of printing ink in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, with a combined 36% share of global production.

What are the leading suppliers of printing ink to Myanmar?

In value terms, China, Singapore and Malaysia constituted the largest printing ink suppliers to Myanmar, together comprising 52% of total imports. South Korea, Thailand, Taiwan Chinese) and India lagged somewhat behind, together comprising a further 28%.

What are the leading importers of printing ink from Myanmar?

In value terms, Thailand and South Africa $947) constituted the largest markets for printing ink exported from Myanmar worldwide.

What is the average export price for printing ink in Myanmar?

The average printing ink export price stood at $5,204 per ton in 2021, falling by -5.4% against the previous year.

What is the average import price for printing ink in Myanmar?

The average printing ink import price stood at $2,027 per ton in 2021, falling by -4.6% against the previous year.

This report provides an in-depth analysis of the printing ink 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 20302450 - Black printing inks
Prodcom 20302470 - Printing inks (excluding black)

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