Myanmar Fuels Industry Outlook 2022

See how Myanmar Fuels performed compared to key markets.

Key Market Indicators

In a significant downturn, Burmese fuel imports plummeted to nearly zero cubic meters in 2022, maintaining the same level as in 2021. This marks a dramatic 100% decrease in demand year on year since 2018. In contrast, fuel exports from Burma are projected to rise steadily. By 2028, exports are expected to reach approximately 1,970 cubic meters, up from 1,760 cubic meters in 2023. This growth represents an average annual increase of 1.7%. Historically, Burmese fuel supply has shown a consistent upward trend. Since 1997, supply has grown at an average rate of 2.4% per year.

Myanmar Fuels Market Data and Forecasts

How much will Myanmar Fuels Market grow?

Forecast: Import of Diesel Powered Buses to Myanmar

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