Myanmar: Market for Aldehyde-Alcohols, Aldehyde-Ethers, Aldehyde-Phenols And Aldehydes With Other Oxygen Function 2024

Market Size for Aldehyde-Alcohols, Aldehyde-Ethers, Aldehyde-Phenols And Aldehydes With Other Oxygen Function in Myanmar

The Myanmar's market for aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function surged to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, saw a mild downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Aldehyde-Alcohols, Aldehyde-Ethers, Aldehyde-Phenols And Aldehydes With Other Oxygen Function in Myanmar

In value terms, production of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function rose significantly to $X in 2023 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth failed to regain momentum.

Exports of Aldehyde-Alcohols, Aldehyde-Ethers, Aldehyde-Phenols And Aldehydes With Other Oxygen Function

Exports from Myanmar

In 2023, after two years of growth, there was significant decline in shipments abroad of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function, when their volume decreased by X% to X tons. Over the period under review, exports showed a dramatic slump. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then fell sharply in the following year.

In value terms, exports of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function declined dramatically to $X in 2023. Overall, exports recorded a dramatic descent. The smallest decline of less than X% was in 2022. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for exports of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function from Myanmar, with a X% share of total exports. Moreover, exports of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function to China exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2021 to 2023, the average annual rate of growth in terms of volume to China totaled X%.

In value terms, China ($X) remains the key foreign market for aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function exports from Myanmar, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2021 to 2023, the average annual growth rate of value to China amounted to X%.

Export Prices by Country

The average export price for aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price saw a dramatic contraction. The most prominent rate of growth was recorded in 2022 a decrease of X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2021 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Imports of Aldehyde-Alcohols, Aldehyde-Ethers, Aldehyde-Phenols And Aldehydes With Other Oxygen Function

Imports into Myanmar

In 2023, the amount of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function imported into Myanmar fell dramatically to X tons, waning by X% on 2022 figures. In general, imports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function contracted significantly to $X in 2023. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

China (X tons), Singapore (X tons) and Thailand (X tons) were the main suppliers of imports of aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function to Myanmar, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Singapore ($X) and Thailand ($X) constituted the largest aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function suppliers to Myanmar, together accounting for X% of total imports.

Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2023, the average import price for aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function amounted to $X per ton, declining by X% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform