Myanmar: Electric Hair Dryer Market 2025

Electric Hair Dryer Market Size in Myanmar

The Myanmar's electric hair dryer market surged to $X in 2021, rising by 61% 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). Overall, consumption posted a strong increase. Electric hair dryer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Electric Hair Dryer Exports

Exports from Myanmar

In 2021, after two years of decline, there was significant growth in overseas shipments of electric hair dryers, when their volume increased by 150% to X units. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 225%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric hair dryer exports soared to $X in 2021. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 227% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines (X units), Ethiopia (X units) and South Korea (X units) were the main destinations of electric hair dryer exports from Myanmar, together accounting for 80% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) emerged as the key foreign market for electric hair dryers exports from Myanmar, comprising 53% of total exports. The second position in the ranking was held by Ethiopia ($X), with a 23% share of total exports. It was followed by the Philippines, with a 22% share.

From 2012 to 2021, the average annual growth rate of value to Thailand amounted to +65.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (0.0% per year) and the Philippines (0.0% per year).

Export Prices by Country

In 2021, the average electric hair dryer export price amounted to $X per unit, which is down by -11.2% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2016 an increase of 71%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+7.4%).

Electric Hair Dryer Imports

Imports into Myanmar

In 2021, imports of electric hair dryers into Myanmar soared to X units, jumping by 78% against the previous year's figure. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2013 when imports increased by 356%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, electric hair dryer imports soared to $X in 2021. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 428% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest electric hair dryer supplier to Myanmar, with a 65% share of total imports. Moreover, electric hair dryer imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), twofold. Malaysia (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +35.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+47.5% per year) and Malaysia (-8.1% per year).

In value terms, the largest electric hair dryer suppliers to Myanmar were China ($X), Thailand ($X) and Malaysia ($X), together accounting for 95% of total imports.

Thailand, with a CAGR of +42.9%, recorded 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 mixed trend patterns.

Import Prices by Country

The average electric hair dryer import price stood at $X per unit in 2021, shrinking by -15.7% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 35%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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