Myanmar: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Myanmar

After five years of decline, the Myanmar's market for pens, stylos and similar stationery increased by X% to $X in 2022. In general, consumption, however, showed a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pens, Stylos And Similar Stationery in Myanmar

In value terms, pens, stylos and similar stationery production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Pens, stylos and similar stationery production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Pens, Stylos And Similar Stationery

Exports from Myanmar

In 2022, overseas shipments of pens, stylos and similar stationery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pens, stylos and similar stationery exports expanded significantly to $X in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for pens, stylos and similar stationery exports from Myanmar, accounting for a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Germany exceeded the volume sent to the second major destination, Luxembourg (X units), fivefold. The third position in this ranking was taken by Hong Kong SAR (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest markets for pens, stylos and similar stationery exported from Myanmar were Hong Kong SAR ($X), Germany ($X) and Slovakia ($X), with a combined X% share of total exports.

Among the main countries of destination, Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pens, Stylos And Similar Stationery

Imports into Myanmar

In 2022, purchases abroad of pens, stylos and similar stationery was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports continue to indicate a remarkable increase. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, pens, stylos and similar stationery imports skyrocketed to $X in 2022. Over the period under review, imports saw a temperate expansion. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Thailand (X units), China (X units) and Vietnam (X units) were the main suppliers of pens, stylos and similar stationery imports to Myanmar, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), India ($X) and China ($X) appeared to be the largest pens, stylos and similar stationery suppliers to Myanmar, with a combined X% share of total imports.

Vietnam, with a CAGR of X%, saw 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 pens, stylos and similar stationery amounted to less than $X per unit, falling by X% against the previous year. Overall, the import price faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for Thailand (less than $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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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