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Report Myanmar - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Myanmar

In 2021, the Myanmar's lamp plastic parts market increased by 15% to $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, recorded a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Lamp Plastic Parts Production in Myanmar

In value terms, lamp plastic parts production amounted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt contraction. Lamp plastic parts production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Lamp Plastic Parts Exports

Exports from Myanmar

For the sixth year in a row, Myanmar recorded growth in overseas shipments of plastic parts for lamps and lighting fittings, which increased by 0.4% to X tons in 2021. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 97% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, lamp plastic parts exports totaled $X in 2021. Overall, exports showed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 98% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Thailand (X tons) was the main destination for lamp plastic parts exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Thailand totaled +19.2%.

In value terms, Thailand ($X) emerged as the key foreign market for plastic parts for lamps and lighting fittings exports from Myanmar.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand amounted to +16.3%.

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, leveling off at the previous year. In general, the export price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2013 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to -2.4% per year.

Lamp Plastic Parts Imports

Imports into Myanmar

In 2021, imports of plastic parts for lamps and lighting fittings into Myanmar shrank to X tons, which is down by -13.9% compared with the previous year's figure. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2014 with an increase of 2,078% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, lamp plastic parts imports declined rapidly to $X in 2021. In general, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 1,200% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main lamp plastic parts supplier to Myanmar, with a 95% share of total imports. It was followed by Singapore (X kg), with a 3.1% share of total imports. The third position in this ranking was held by Vietnam (X kg), with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+40.8% per year) and Vietnam (-23.5% per year).

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to Myanmar, comprising 72% of total imports. The second position in the ranking was held by Singapore ($X), with a 17% share of total imports. It was followed by Vietnam, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+60.8% per year) and Vietnam (-18.8% per year).

Import Prices by Country

The average lamp plastic parts import price stood at $X per ton in 2021, reducing by -4.9% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 89%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lamp plastic parts consumption in 2020 were China, the United States and Japan, together comprising 58% of global consumption.
China remains the largest lamp plastic parts producing country worldwide, accounting for 51% of total volume. Moreover, lamp plastic parts production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Japan ranked third in terms of total production with a 5.6% share.
In value terms, China constituted the largest supplier of lamp plastic parts to Myanmar.
In value terms, the largest markets for lamp plastic parts exported from Myanmar were Hong Kong SAR and China.
The average lamp plastic parts export price stood at $4,614 per ton in 2020, reducing by -3.1% against the previous year.
The average lamp plastic parts import price stood at $3,605 per ton in 2020, shrinking by -31.5% against the previous year.

This report provides an in-depth analysis of the lamp plastic parts market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

Country coverage:

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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