Myanmar - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar (CIF) - 2022
In December 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $2,038 per ton, picking up by 20% against the previous month. Overall, import price indicated a noticeable increase from December 2021 to December 2022: its price increased at an average monthly rate of +4.5% 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, import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium increased by +102.4% against September 2022 indices. The most prominent rate of growth was recorded in October 2022 an increase of 72% m-o-m. The import price peaked in December 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,704 per ton), while the price for Thailand ($1,616 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 Malaysia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $1,778 per ton, reducing by -20.5% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 88%. Over the period under review, the average export prices reached the maximum at $3,902 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($2,320 per ton), while the average price for exports to Singapore totaled $1,459 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+28.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar
For the third consecutive year, Myanmar recorded decline in overseas purchases of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which decreased by -5.2% to 1.9K tons in 2022. Over the period under review, imports saw a abrupt decrease.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium rose slightly to $3M in 2022. In general, imports faced a deep setback.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 960 | 1,177 | 1,095 | 1,552 | 17.4% |
| Thailand | 2,275 | 2,043 | 1,218 | 1,032 | -23.2% |
| Malaysia | 898 | 309 | 92.3 | 196 | -39.8% |
| China | 53.3 | 176 | 139 | 53.6 | 0.2% |
| Taiwan (Chinese) | 50.8 | 91.3 | 4.8 | 27.3 | -18.7% |
| Others | 488 | 277 | 351 | 101 | -40.8% |
| Total | 4,725 | 4,073 | 2,900 | 2,963 | -14.4% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Myanmar in 2022:
- Thailand (924.7 tons)
- Singapore (776.2 tons)
- Malaysia (99.8 tons)
- China (40.0 tons)
- Taiwan (Chinese) (24.9 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar
For the fourth year in a row, Myanmar recorded growth in shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which increased by 42% to 35 tons in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 188%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium expanded markedly to $61K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 266%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.5 | 19.6 | 34.1 | 31.8 | 61.9% |
| Thailand | N/A | N/A | N/A | 29.7 | 0% |
| Vietnam | 4.5 | 10.6 | 18.0 | N/A | 100.0% |
| Others | 1.0 | 17.4 | 2.4 | N/A | 54.9% |
| Total | 13.0 | 47.6 | 54.6 | 61.5 | 67.9% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Myanmar in 2022:
- Singapore (21.8 tons)
- Thailand (12.8 tons)
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
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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This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Myanmar.
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This report provides an in-depth analysis of the paint and varnish market in Myanmar.
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