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Myanmar - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Myanmar - 2022
Contents:
- Ethylene Polymer Bag Price in Myanmar (CIF) - 2022
- Ethylene Polymer Bag Price in Myanmar (FOB) - 2022
- Ethylene Polymer Bag Imports in Myanmar
- Ethylene Polymer Bag Exports in Myanmar
Ethylene Polymer Bag Price in Myanmar (CIF) - 2022
In December 2022, the average ethylene polymer bag import price amounted to $2,327 per ton, growing by 45% against the previous month. Overall, import price indicated a remarkable increase from December 2021 to December 2022: its price increased at an average monthly rate of +6.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, ethylene polymer bag import price increased by +89.8% against September 2022 indices. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 110% m-o-m. The import price peaked at $2,342 per ton in July 2022; afterwards, it flattened through to December 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($5,574 per ton), while the price for China ($1,055 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethylene Polymer Bag Price in Myanmar (FOB) - 2022
The average ethylene polymer bag export price stood at $1,845 per ton in December 2022, stabilizing at the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 when the average export price increased by 40% against the previous month. The export price peaked at $2,718 per ton in July 2022; however, from August 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In December 2022, the country with the highest price was Japan ($2,002 per ton), while the average price for exports to the United States ($1,772 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Imports in Myanmar
In 2022, purchases abroad of sacks and bags of polymers of ethylene decreased by -28.8% to 6.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of 8.9K tons, and then contracted dramatically in the following year.
In value terms, ethylene polymer bag imports declined significantly to $10M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $13M, and then plummeted in the following year.
Import of Ethylene Polymer Bag in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.4 | 2.1 | 4.2 | 4.7 | 25.1% |
Thailand | 0.6 | 0.7 | 5.1 | 3.2 | 74.7% |
Singapore | 1.1 | 1.3 | 1.3 | 0.8 | -10.1% |
South Korea | 0.2 | 0.6 | 0.3 | 0.5 | 35.7% |
Japan | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
Taiwan (Chinese) | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
Malaysia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Vietnam | 1.8 | 2.6 | 1.3 | 0.2 | -51.9% |
Saudi Arabia | N/A | 0.3 | N/A | N/A | 0% |
Others | 0.2 | 0.8 | 0.3 | 0.1 | -20.6% |
Total | 6.7 | 9.1 | 13.1 | 10.3 | 15.4% |
Top Suppliers of Ethylene Polymer Bag to Myanmar in 2022:
- Thailand (2675.3 tons)
- China (2634.8 tons)
- Singapore (211.9 tons)
- Malaysia (187.0 tons)
- Taiwan (Chinese) (184.8 tons)
- South Korea (183.4 tons)
- Japan (147.3 tons)
- Vietnam (44.9 tons)
Ethylene Polymer Bag Exports in Myanmar
In 2022, shipments abroad of sacks and bags of polymers of ethylene decreased by -31.3% to 3.8K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, the exports attained the peak of 8K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ethylene polymer bag exports declined rapidly to $8M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 65%. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Ethylene Polymer Bag in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.5 | 2.3 | 2.1 | 2.4 | -1.4% |
Thailand | N/A | 0.4 | 3.5 | 1.8 | 112.1% |
Norway | N/A | 0.8 | 2.4 | 1.6 | 41.4% |
United States | 3.1 | 6.1 | 1.5 | 1.3 | -25.1% |
Australia | N/A | N/A | N/A | 0.2 | 0% |
Finland | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
Sweden | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
India | 0.2 | 0.1 | N/A | N/A | -50.0% |
Canada | 0.3 | 0.5 | N/A | N/A | 66.7% |
Others | 0.2 | 0.5 | 0.7 | 0.2 | 0.0% |
Total | 6.7 | 11.1 | 10.5 | 8.0 | 6.1% |
Top Export Markets for Ethylene Polymer Bag from Myanmar in 2022:
- Thailand (1439.3 tons)
- Japan (745.9 tons)
- Norway (643.8 tons)
- United States (626.7 tons)
- Finland (125.4 tons)
- Australia (122.2 tons)
- Sweden (53.6 tons)
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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