Report Update Nov 1, 2024

Myanmar - Sanitary Ware and Parts of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Myanmar

In 2021, the Myanmar's market for sanitary ware and parts of iron or steel increased by 6% to $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, saw a perceptible decline. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Sanitary Ware And Parts Of Iron Or Steel in Myanmar

In value terms, iron or steel sanitary ware production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 with an increase of 71%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Myanmar

In 2021, the amount of sanitary ware and parts of iron or steel exported from Myanmar stood at X tons, standing approx. at the previous year. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, iron or steel sanitary ware exports amounted to $X in 2021. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for iron or steel sanitary ware exports from Myanmar, with a 93% share of total exports. Moreover, iron or steel sanitary ware exports to the United States exceeded the volume sent to the second major destination, Malaysia (X tons), more than tenfold.

From 2019 to 2021, the average annual growth rate of volume to the United States totaled +19.9%.

From 2019 to 2021, the average annual growth rate of value to the United States stood at +30.3%.

Export Prices by Country

In 2021, the average export price for sanitary ware and parts of iron or steel amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price saw notable growth. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia stood at $X per ton.

From 2019 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.6%).

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Myanmar

In 2021, the amount of sanitary ware and parts of iron or steel imported into Myanmar fell dramatically to X tons, dropping by -55% on the year before. In general, imports showed a slight decrease. The pace of growth was the most pronounced in 2015 when imports increased by 137%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, iron or steel sanitary ware imports declined markedly to $X in 2021. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 87%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of iron or steel sanitary ware to Myanmar, with a 85% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-17.3% per year) and Singapore (-63.0% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Myanmar, comprising 85% of total imports. The second position in the ranking was taken by Thailand ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-20.1% per year) and Singapore (-63.9% per year).

Import Prices by Country

In 2021, the average import price for sanitary ware and parts of iron or steel amounted to $X per ton, shrinking by -28.5% against the previous year. Overall, the import price showed a abrupt decline. The growth pace was the most rapid in 2017 an increase of 94% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sanitary ware and parts of iron or steel in the world?

China remains the largest iron or steel sanitary ware consuming country worldwide, accounting for 21% of total volume. Moreover, iron or steel sanitary ware consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 7% share.

What are the largest producers of sanitary ware and parts of iron or steel in the world?

China constituted the country with the largest volume of iron or steel sanitary ware production, comprising approx. 40% of total volume. Moreover, iron or steel sanitary ware production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Japan ranked third in terms of total production with a 3.6% share.

What are the leading suppliers of sanitary ware and parts of iron or steel to Myanmar?

In value terms, China constituted the largest supplier of iron or steel sanitary ware to Myanmar, comprising 42% of total imports. The second position in the ranking was occupied by Thailand, with a 20% share of total imports. It was followed by Australia, with a 14% share.

What are the leading importers of sanitary ware and parts of iron or steel from Myanmar?

In value terms, the United States remains the key foreign market for iron or steel sanitary ware exports from Myanmar, comprising 99% of total exports. The second position in the ranking was occupied by Malaysia, with a 0.5% share of total exports.

What is the average export price for sanitary ware and parts of iron or steel in Myanmar?

The average export price for sanitary ware and parts of iron or steel stood at $726 per ton in 2021, which is down by -4.7% against the previous year.

What is the average import price for sanitary ware and parts of iron or steel in Myanmar?

The average import price for sanitary ware and parts of iron or steel stood at $2,681 per ton in 2021, which is down by -14.1% against the previous year.

This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel

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