Myanmar: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Myanmar

In 2021, the Myanmar's non-electrical lamp market decreased by -12.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a resilient increase. Non-electrical lamp consumption peaked at $X in 2020, and then reduced in the following year.

Non-Electrical Lamp Production in Myanmar

In value terms, non-electrical lamp production fell to $X in 2021 estimated in export price. Over the period under review, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted in the following year.

Non-Electrical Lamp Exports

Exports from Myanmar

Non-electrical lamp exports from Myanmar reduced sharply to X units in 2021, falling by -48.8% against 2020. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 222%. As a result, the exports attained the peak of X units, and then fell sharply in the following year.

In value terms, non-electrical lamp exports dropped rapidly to $X in 2021. In general, exports, however, posted a measured increase. The most prominent rate of growth was recorded in 2018 when exports increased by 125% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units), Thailand (X units) and Belgium (X units) were the main destinations of non-electrical lamp exports from Myanmar, together accounting for 16% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +15.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for non-electrical lamps and lighting fittings exports from Myanmar, comprising 14% of total exports. The second position in the ranking was taken by Belgium ($X), with a 5.1% share of total exports. It was followed by Italy, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-0.0% per year) and Italy (+1.2% per year).

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2021, stabilizing at the previous year. Overall, the export price showed a pronounced setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 43% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Thailand ($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 Poland (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Myanmar

In 2021, approx. X units of non-electrical lamps and lighting fittings were imported into Myanmar; with an increase of 15% compared with 2020. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 1,322%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-electrical lamp imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 1,332% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of non-electrical lamp to Myanmar, with a 95% share of total imports. Moreover, non-electrical lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+0.0% per year) and Taiwan (Chinese) (-47.5% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to Myanmar, comprising 72% of total imports. The second position in the ranking was taken by India ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+17.8% per year) and Taiwan (Chinese) (-34.1% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, surging by 27% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 57%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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