Myanmar: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Myanmar

The Myanmar's plastic lavatory seat market was estimated at $X in 2021, growing by 2.4% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.9% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Plastic Lavatory Seat Production in Myanmar

In value terms, plastic lavatory seat production reached $X in 2021 estimated in export price. In general, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.6% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by 45% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Plastic Lavatory Seat Exports

Exports from Myanmar

In 2019, approx. X units of plastic lavatory seats and covers were exported from Myanmar; approximately reflecting 2018 figures. Over the period under review, exports saw a sharp contraction. The growth pace was the most rapid in 2017 when exports increased by 100%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2019, the exports stood at a somewhat lower figure.

In value terms, plastic lavatory seat exports stood at $X in 2019. Overall, exports recorded a dramatic curtailment. The smallest decline of -87.2% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2019, the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for plastic lavatory seat exports from Myanmar, with a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to South Korea was relatively modest.

From 2015 to 2019, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

In 2019, the average plastic lavatory seat export price amounted to $X per unit, remaining stable against the previous year. In general, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average export price decreased by -23.4% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2019, 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 South Korea.

From 2015 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Plastic Lavatory Seat Imports

Imports into Myanmar

In 2021, approx. X units of plastic lavatory seats and covers were imported into Myanmar; dropping by -31.3% compared with the previous year. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2016 with an increase of 19,971% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, plastic lavatory seat imports fell rapidly to $X in 2021. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2016 with an increase of 17,114%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Malaysia (X units) constituted the largest supplier of plastic lavatory seat to Myanmar, accounting for a 52% share of total imports. Moreover, plastic lavatory seat imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Thailand (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia amounted to +48.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+64.0% per year) and Thailand (+2.8% per year).

In value terms, Malaysia ($X) constituted the largest supplier of plastic lavatory seats and covers to Myanmar, comprising 43% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Indonesia, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia totaled +60.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+61.4% per year) and Indonesia (+74.4% per year).

Import Prices by Country

The average plastic lavatory seat import price stood at $X per unit in 2021, shrinking by -33% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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