Myanmar: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Myanmar

After two years of growth, the Myanmar's market for shampoos, hair lacquers and other preparations decreased by X% to $X in 2022. Overall, consumption recorded a abrupt setback. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Myanmar

In value terms, production of shampoos, hair lacquers and other preparations expanded modestly to $X in 2022 estimated in export price. Over the period under review, production saw a deep slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Myanmar

In 2022, shipments abroad of shampoos, hair lacquers and other preparations decreased by X% to X kg, falling for the second consecutive year after two years of growth. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of shampoos, hair lacquers and other preparations reduced remarkably to $X in 2022. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X kg) was the main destination for exports of shampoos, hair lacquers and other preparations from Myanmar, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) amounted to X%.

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for shampoos, hair lacquers and other preparations exports from Myanmar.

From 2012 to 2022, the average annual growth rate of value to Taiwan (Chinese) totaled X%.

Export Prices by Country

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to X% per year.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Myanmar

In 2022, approx. X tons of shampoos, hair lacquers and other preparations were imported into Myanmar; which is down by X% on 2021 figures. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations reduced remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of shampoo, hair lacquer and other preparations to Myanmar, with a X% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Myanmar, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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