Report Update Nov 1, 2024

Myanmar - Propene (Propylene) - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Propene Market 2024

Propene Market Size in Myanmar

In 2021, after two years of decline, there was growth in the Myanmar's propene market, when its value increased by 3.4% to $X. Over the period under review, consumption showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 6.3% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Propene Production in Myanmar

In value terms, propene production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 9.4% against the previous year. Propene production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Propene Exports

Exports from Myanmar

In 2021, exports of propene (propylene) from Myanmar was estimated at X tons, almost unchanged from the previous year's figure. Overall, exports recorded significant growth. The smallest decline of 99.9% was in 2015. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, propene exports stood at $X in 2021. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2015. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Belgium (X tons) was the main destination for propene exports from Myanmar, with a approx. 26% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Belgium was relatively modest.

From 2014 to 2021, the average annual growth rate of value to Belgium was relatively modest.

Export Prices by Country

In 2021, the average propene export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

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

From 2014 to 2021, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Propene Imports

Imports into Myanmar

Propene imports into Myanmar soared to X tons in 2020, picking up by 175% compared with 2019 figures. Over the period under review, imports, however, showed a precipitous setback. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2020, imports failed to regain momentum.

In value terms, propene imports skyrocketed to $X in 2020. Overall, imports, however, showed a significant decline. Imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) was the main supplier of propene to Myanmar, accounting for a approx. 99% share of total imports.

From 2014 to 2020, the average annual rate of growth in terms of volume from Vietnam stood at +172.9%.

In value terms, Vietnam ($X) constituted the largest supplier of propene (propylene) to Myanmar.

From 2014 to 2020, the average annual rate of growth in terms of value from Vietnam totaled +120.0%.

Import Prices by Country

The average propene import price stood at $X per ton in 2020, falling by -14.1% against the previous year. In general, the import price saw a abrupt decline. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2014 to 2020, the rate of growth in terms of prices for Vietnam amounted to -19.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propene (propylene) in the world?

The countries with the highest volumes of propene consumption in 2021 were the United States, India and Japan, together accounting for 29% of global consumption. These countries were followed by Pakistan, Brazil, China, Bangladesh, Germany, the UK, Mexico, Russia, Turkey and the Netherlands, which together accounted for a further 31%.

What are the largest producers of propene (propylene) in the world?

The countries with the highest volumes of propene production in 2021 were the United States, India and Japan, together comprising 31% of global production. Pakistan, Brazil, Bangladesh, South Korea, Germany, the UK, Russia, Turkey, Mexico and the Netherlands lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of propene (propylene) to Myanmar?

In value terms, China constituted the largest supplier of propene to Myanmar.

What is the average export price for propene (propylene) in Myanmar?

In 2014, the average propene export price amounted to $1,342 per ton, leveling off at the previous year.

What is the average import price for propene (propylene) in Myanmar?

The average propene import price stood at $7,629 per ton in 2020, picking up by 747% against the previous year.

This report provides an in-depth analysis of the propene 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 20141140 - Propene (propylene)

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