Myanmar - Plywood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 17, 2024

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

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Plywood Price in Myanmar - 2022

Contents:

  1. Plywood Price in Myanmar (FOB) - 2022
  2. Plywood Price in Myanmar (CIF) - 2022
  3. Plywood Exports in Myanmar
  4. Plywood Imports in Myanmar

Plywood Price in Myanmar (FOB) - 2022

The average plywood export price stood at $554 per cubic meter in 2022, growing by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum at $579 per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($564 per cubic meter), while the average price for exports to China totaled $281 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.2%).

Plywood Price in Myanmar (CIF) - 2022

In December 2022, the average plywood import price amounted to $27.6 per cubic meter, declining by -90.6% against the previous month. Overall, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in April 2022 when the average import price increased by 47% against the previous month. Over the period under review, average import prices hit record highs at $294 per cubic meter in November 2022, and then declined dramatically in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -13.4% per month.

Plywood Exports in Myanmar

In 2022, overseas shipments of plywood decreased by -50.8% to 36K cubic meters, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 231%. As a result, the exports attained the peak of 78K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, plywood exports dropped markedly to $20M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 272% against the previous year. The exports peaked at $37M in 2021, and then declined dramatically in the following year.

Export of Plywood in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.421.724.018.751.3%
China2.310.48.20.5-39.9%
Thailand0.61.03.90.2-30.7%
Others1.01.70.90.4-26.3%
Total9.434.836.919.828.2%

Top Export Markets for Plywood from Myanmar in 2022:

  1. India (33.1K cubic meters)
  2. China (1.7K cubic meters)
  3. Thailand (0.2K cubic meters)

Plywood Imports in Myanmar

In 2022, after two years of decline, there was significant growth in supplies from abroad of plywood, when their volume increased by 31% to 30K cubic meters. In general, imports, however, faced a dramatic contraction. Imports peaked at 62K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plywood imports declined to $4.1M in 2022. Overall, imports, however, recorded a sharp contraction. The smallest decline of -3.5% was in 2020. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Plywood in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.19.64.13.9-27.2%
Vietnam0.50.80.1N/A-55.3%
Others0.70.4N/A0.1-47.7%
Total11.210.84.24.1-28.5%

Top Suppliers of Plywood to Myanmar in 2022:

  1. Vietnam (undefinedK cubic meters)
  2. China (29.3K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plywood 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:

  • FCL 1640 - Plywood

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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