
Myanmar - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights
Myanmar: Spectacle Plastic Frame Market 2022
Spectacle Plastic Frame Market Size in Myanmar
After three years of decline, the Myanmar's spectacle plastic frame market increased by X% to $X in 2021. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2017 indices. Spectacle plastic frame consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Spectacle Plastic Frame Production in Myanmar
In value terms, spectacle plastic frame production rose rapidly to $X in 2021 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Spectacle plastic frame production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Spectacle Plastic Frame Exports
Exports from Myanmar
In 2021, approx. X units of plastic frames and mountings for spectacles and goggles were exported from Myanmar; falling by -X% on 2020 figures. Overall, exports saw a dramatic descent. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.
In value terms, spectacle plastic frame exports dropped to $X in 2021. In general, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Vietnam (X units) was the main destination for spectacle plastic frame exports from Myanmar, with a approx. X% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam stood at +X%.
In value terms, Vietnam ($X) also remains the key foreign market for spectacle plastic frame exports from Myanmar.
From 2012 to 2021, the average annual growth rate of value to Vietnam stood at -X%.
Export Prices by Country
In 2021, the average spectacle plastic frame export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, 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 Vietnam.
From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to -X% per year.
Spectacle Plastic Frame Imports
Imports into Myanmar
In 2021, purchases abroad of plastic frames and mountings for spectacles and goggles was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports saw tangible growth. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, spectacle plastic frame imports shrank sharply to $X in 2021. Overall, imports, however, faced a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Turkey (X units) and China (X units) were the main suppliers of spectacle plastic frame imports to Myanmar.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X value terms, China ($X) constituted the largest supplier of spectacle plastic frame to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%.
Import Prices by Country
In 2021, the average spectacle plastic frame import price amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the import price showed a significant decline. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Turkey amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the spectacle plastic frame 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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