Myanmar: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Myanmar

The Myanmar's telephone apparatus market fell sharply to $X in 2022, waning by -47.8% against the previous year. In general, consumption recorded a deep downturn. Telephone apparatus consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Telephone Apparatus Production in Myanmar

In value terms, telephone apparatus production dropped to $X in 2022 estimated in export price. Overall, production showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Telephone apparatus production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Myanmar

In 2022, approx. X tons of telephone apparatus were exported from Myanmar; with a decrease of -33.2% on the previous year. Over the period under review, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 11,021%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, telephone apparatus exports contracted dramatically to $X in 2022. In general, exports, however, continue to indicate notable growth. The growth pace was the most rapid in 2016 with an increase of 16,424%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), Canada (X tons) and Hong Kong SAR (X kg) were the main destinations of telephone apparatus exports from Myanmar, with a combined 17% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +216.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Singapore ($X) and Canada ($X) appeared to be the largest markets for telephone apparatus exported from Myanmar worldwide, together accounting for 49% of total exports.

Among the main countries of destination, the United States, with a CAGR of +256.7%, 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 telephone apparatus export price stood at $X per ton in 2021, which is down by -32.5% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 67,344% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Myanmar

After ten years of growth, overseas purchases of telephone apparatus decreased by -86.4% to X tons in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 186%. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, telephone apparatus imports rose to $X in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 274%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Myanmar, accounting for a 5.2% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. Japan (X tons) ranked third in terms of total imports with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-10.9% per year) and Japan (+45.2% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Myanmar, comprising 80% of total imports. The second position in the ranking was taken by Thailand ($X), with a 7.2% share of total imports. It was followed by Vietnam, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-10.2% per year) and Vietnam (+65.3% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, reducing by -70.6% against the previous year. In general, the import price showed a dramatic descent. The growth pace was the most rapid in 2014 an increase of 192% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 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 Vietnam ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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