Report Update Nov 1, 2024

Myanmar - Statuettes and Other Ornamental Articles of Plastic - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Myanmar

The Myanmar's plastic ornamental articles market dropped markedly to $X in 2022, with a decrease of -96.6% against the previous year. Over the period under review, consumption faced a sharp descent. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Plastic Ornamental Articles Production in Myanmar

In value terms, plastic ornamental articles production dropped sharply to $X in 2022 estimated in export price. In general, production, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 153% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Ornamental Articles Exports

Exports from Myanmar

In 2022, overseas shipments of statuettes and other ornamental articles of plastic were finally on the rise to reach X tons after two years of decline. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic ornamental articles exports skyrocketed to $X in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for plastic ornamental articles exports from Myanmar, with a 96% share of total exports. Moreover, plastic ornamental articles exports to China exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +53.6%.

In value terms, China ($X) remains the key foreign market for statuettes and other ornamental articles of plastic exports from Myanmar, comprising 97% of total exports. The second position in the ranking was taken by the United States ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +31.4%.

Export Prices by Country

In 2022, the average plastic ornamental articles export price amounted to $X per ton, dropping by -16.2% against the previous year. In general, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 16% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.4%).

Plastic Ornamental Articles Imports

Imports into Myanmar

After two years of decline, overseas purchases of statuettes and other ornamental articles of plastic increased by 656% to X tons in 2022. Overall, imports enjoyed a prominent increase. The growth pace was the most rapid in 2016 when imports increased by 14,129%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, plastic ornamental articles imports skyrocketed to $X in 2022. Over the period under review, imports saw a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 9,549% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of plastic ornamental articles to Myanmar, accounting for a 90% share of total imports. Moreover, plastic ornamental articles imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +20.3%.

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to Myanmar, comprising 94% of total imports. The second position in the ranking was held by Thailand ($X), with a 3.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +12.6%.

Import Prices by Country

In 2022, the average plastic ornamental articles import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 76%. The import price peaked at $X per ton 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 China ($X per ton), while the price for Thailand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for statuettes and other ornamental articles of plastic in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 57% share of global consumption.

What are the largest producers of statuettes and other ornamental articles of plastic in the world?

China constituted the country with the largest volume of plastic ornamental articles production, accounting for 82% of total volume. Moreover, plastic ornamental articles production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Indonesia, with a 2.3% share.

What are the leading suppliers of statuettes and other ornamental articles of plastic to Myanmar?

In value terms, the largest plastic ornamental articles suppliers to Myanmar were China, Vietnam and Taiwan Chinese), together comprising 80% of total imports.

What are the leading importers of statuettes and other ornamental articles of plastic from Myanmar?

In value terms, the largest markets for plastic ornamental articles exported from Myanmar were Singapore, China and Japan, with a combined 81% share of total exports.

What is the average export price for statuettes and other ornamental articles of plastic in Myanmar?

The average plastic ornamental articles export price stood at $8,276 per ton in 2021, reducing by -5% against the previous year.

What is the average import price for statuettes and other ornamental articles of plastic in Myanmar?

The average plastic ornamental articles import price stood at $5,459 per ton in 2021, with an increase of 16% against the previous year.

This report provides an in-depth analysis of the plastic ornamental articles 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 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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