Report Update Nov 1, 2024

Myanmar - Ballasts for Discharge Lamps or Tubes - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Market for Ballasts For Discharge Lamps Or Tubes 2024

Market Size for Ballasts For Discharge Lamps Or Tubes in Myanmar

The Myanmar's ballast for discharge lamp market reduced notably to $X in 2021, shrinking by -49.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a modest expansion. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Myanmar

Ballast for discharge lamp exports from Myanmar soared to X units in 2021, picking up by 100% against the previous year. Overall, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, ballast for discharge lamp exports soared to $X in 2021. In general, exports, however, recorded a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for ballast for discharge lamp exports from Myanmar, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +1.8%.

In value terms, China ($X) also remains the key foreign market for ballast for discharge lamp exports from Myanmar.

From 2012 to 2021, the average annual growth rate of value to China totaled -10.1%.

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2021, approximately equating the previous year. Overall, the export price faced a abrupt setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to +59.0% per year.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Myanmar

In 2021, approx. X units of ballasts for discharge lamps or tubes were imported into Myanmar; reducing by -44.9% on the previous year. Over the period under review, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 218%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, ballast for discharge lamp imports declined notably to $X in 2021. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 187% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Singapore (X units) constituted the largest ballast for discharge lamp supplier to Myanmar, with a 69% share of total imports. Moreover, ballast for discharge lamp imports from Singapore exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. China (X units) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from Singapore stood at +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+40.7% per year) and China (-27.6% per year).

In value terms, South Korea ($X), Singapore ($X) and China ($X) constituted the largest ballast for discharge lamp suppliers to Myanmar, together accounting for 93% of total imports.

Among the main suppliers, South Korea, with a CAGR of +30.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average ballast for discharge lamp import price amounted to $X per unit, declining by -26.3% against the previous year. Overall, the import price showed a deep slump. The pace of growth was the most pronounced in 2018 an increase of 25%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ballasts for discharge lamps or tubes in the world?

The country with the largest volume of ballast for discharge lamp consumption was Hungary, comprising approx. 39% of total volume. Moreover, ballast for discharge lamp consumption in Hungary exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by Poland, with an 11% share.

What are the largest producers of ballasts for discharge lamps or tubes in the world?

The countries with the highest volumes of in 2021 were Hungary, China and the United States, together accounting for 75% of global production.

What are the leading suppliers of ballasts for discharge lamps or tubes to Myanmar?

In value terms, China constituted the largest supplier of ballast for discharge lamp to Myanmar, comprising 70% of total imports. The second position in the ranking was occupied by South Korea, with a 25% share of total imports.

What is the average import price for ballasts for discharge lamps or tubes in Myanmar?

The average ballast for discharge lamp import price stood at $14 per unit in 2021, declining by -20.8% against the previous year.

This report provides an in-depth analysis of the market for ballast for discharge lamp 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 27115013 - Inductors for discharge lamps or tubes
Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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