Report Update Nov 1, 2024

Myanmar - Sulphites - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Sulphites Market 2024

Sulphites Market Size in Myanmar

The Myanmar's sulphites market shrank modestly to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sulphites Production in Myanmar

In value terms, sulphites production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 50%. Sulphites production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sulphites Exports

Exports from Myanmar

In 2019, approx. X tons of sulphites were exported from Myanmar; with a decrease of -10% against the previous year. Over the period under review, exports, however, showed a significant increase. Over the period under review, the exports attained the peak figure at X tons in 2018, and then declined in the following year.

In value terms, sulphites exports declined rapidly to $X in 2019. Overall, exports, however, posted a significant expansion. Over the period under review, the exports reached the maximum at $X in 2018, and then fell notably in the following year.

Exports by Country

Thailand (X tons) was the main destination for sulphites exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual rate of growth in terms of volume to Thailand stood at +373.8%.

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

From 2015 to 2019, the average annual growth rate of value to Thailand stood at +428.9%.

Export Prices by Country

In 2019, the average sulphites export price amounted to $X per ton, declining by -9.2% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The export price peaked at $X per ton in 2018, and then dropped in the following year.

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

From 2015 to 2019, the rate of growth in terms of prices for Thailand amounted to +11.6% per year.

Sulphites Imports

Imports into Myanmar

In 2022, sulphites imports into Myanmar skyrocketed to X tons, jumping by 75% compared with the previous year's figure. In general, imports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 759% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphites imports surged to $X in 2022. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of 654% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Germany (X tons) were the main suppliers of sulphites imports to Myanmar, with a combined 100% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +25.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphites suppliers to Myanmar were Thailand ($X), China ($X) and Germany ($X), with a combined 99% share of total imports.

Among the main suppliers, Thailand, with a CAGR of +29.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sulphites import price amounted to $X per ton, waning by -13.6% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.1%), 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 sulphites in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 38% share of global consumption. These countries were followed by Japan, Democratic Republic of the Congo, Russia, Germany, Brazil, the UK, France, Mexico, Italy and Iran, which together accounted for a further 34%.

What are the largest producers of sulphites in the world?

The country with the largest volume of sulphites production was China, comprising approx. 33% of total volume. Moreover, sulphites production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the leading suppliers of sulphites to Myanmar?

In value terms, Malaysia constituted the largest supplier of sulphites to Myanmar.

What are the leading importers of sulphites from Myanmar?

In value terms, Thailand remains the key foreign market for sulphites exports from Myanmar.

What is the average export price for sulphites in Myanmar?

In 2019, the average sulphites export price amounted to $504 per ton, shrinking by -16.2% against the previous year.

What is the average import price for sulphites in Myanmar?

In 2021, the average sulphites import price amounted to $1,446 per ton, rising by 219% against the previous year.

This report provides an in-depth analysis of the sulphites 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 20134133 - Sulphites

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