Report Update Nov 1, 2024

Myanmar - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Vaccine Market 2024

Vaccine Market Size in Myanmar

The Myanmar's vaccine market skyrocketed to $X in 2022, increasing by 72% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted resilient growth. Vaccine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Vaccine Exports

Exports from Myanmar

Vaccine exports from Myanmar was estimated at X kg in 2021, approximately mirroring the previous year's figure. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure at X kg in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, vaccine exports totaled $X in 2021. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2016 when exports increased by 16%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand (X kg) and South Korea (X kg) were the main destinations of vaccine exports from Myanmar.

From 2015 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +100.0%).

From 2015 to 2021, the average annual growth rate of value to South Korea amounted to +289.4%.

Export Prices by Country

In 2021, the average vaccine export price amounted to $X per ton, stabilizing at the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 16% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Thailand stood at $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+94.7%).

Vaccine Imports

Imports into Myanmar

In 2022, approx. X tons of vaccines for human medicine were imported into Myanmar; increasing by 62% against 2021. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 109%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vaccine imports surged to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and the United States (X tons) were the main suppliers of vaccine imports to Myanmar, together accounting for 59% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +104.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vaccine suppliers to Myanmar were China ($X), Belgium ($X) and India ($X), with a combined 42% share of total imports.

China, with a CAGR of +79.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vaccine import price stood at $X per ton in 2022, jumping by 31% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vaccine import price decreased by -0.3% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 67%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Belgium ($X per ton), while the price for the United States ($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 (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vaccines for human medicine in the world?

The countries with the highest volumes of in 2021 were Pakistan, Japan and the Philippines, with a combined 32% share of global consumption. The United States, Indonesia, Spain, China, France, Greece, Brazil, the Netherlands, Turkey and the UK lagged somewhat behind, together comprising a further 35%.

What are the largest producers of vaccines for human medicine in the world?

The countries with the highest volumes of in 2021 were the United States, Belgium and France, with a combined 56% share of global production. These countries were followed by Germany, China, Japan and India, which together accounted for a further 32%.

What are the leading suppliers of vaccines for human medicine to Myanmar?

In value terms, India constituted the largest supplier of vaccines to Myanmar, comprising 79% of total imports. The second position in the ranking was occupied by the United States, with a 3.7% share of total imports. It was followed by France, with a 3.3% share.

What is the average export price for vaccines for human medicine in Myanmar?

The average vaccines export price stood at $500 per ton in 2015, approximately equating the previous year.

What is the average import price for vaccines for human medicine in Myanmar?

In 2021, the average vaccines import price amounted to $113,428 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the vaccine 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 21202140 -
Prodcom 21202145 - Vaccines for human medicine

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