Myanmar: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in Myanmar

The Myanmar's market for hair brushes and shaving and toilet brushes for personal use totaled less than $X in 2022, remaining stable against the previous year. In general, consumption, however, saw a pronounced downturn. Hair, shaving and toilet brush consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in Myanmar

In value terms, hair, shaving and toilet brush production rose remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced setback. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports from Myanmar

In 2018, overseas shipments of hair brushes and shaving and toilet brushes for personal use decreased by 0% to X units for the first time since 2014, thus ending a three-year declining trend. Over the period under review, exports faced a significant contraction. The most prominent rate of growth was recorded in 2014 with an increase of 113% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2018, the growth of the exports remained at a lower figure.

In value terms, hair, shaving and toilet brush exports totaled $X in 2018. Overall, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2014 when exports increased by 95% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2018, the growth of the exports remained at a lower figure.

Exports by Country

India (X units) was the main destination for hair, shaving and toilet brush exports from Myanmar, with a 80% share of total exports. Moreover, hair, shaving and toilet brush exports to India exceeded the volume sent to the second major destination, Malaysia (X units), fivefold. China (X units) ranked third in terms of total exports with a 1.8% share.

From 2013 to 2018, the average annual rate of growth in terms of volume to India stood at -47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-57.1% per year) and China (-65.8% per year).

It was followed by China, with a 4.7% share.

From 2013 to 2018, the average annual growth rate of value to India stood at -41.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-50.5% per year) and China (-53.1% per year).

Export Prices by Country

The average export price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2018, approximately mirroring the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 26% against the previous year. The export price peaked in 2018 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports into Myanmar

After two years of decline, purchases abroad of hair brushes and shaving and toilet brushes for personal use increased by 1,017% to X units in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hair, shaving and toilet brush imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 406% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X units) constituted the largest hair, shaving and toilet brush supplier to Myanmar, accounting for a 86% share of total imports. Moreover, hair, shaving and toilet brush imports from India exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Thailand (X units) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +164.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.1% per year) and Thailand (-10.0% per year).

In value terms, the largest hair, shaving and toilet brush suppliers to Myanmar were Vietnam ($X), India ($X) and China ($X), together accounting for 97% of total imports.

India, with a CAGR of +134.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, reducing by -85.9% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2016 an increase of 122% against the previous year. The import price peaked at $X per unit in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :