In 2023, the import of statuettes and ornamental articles of porcelain or china to Myanmar was recorded at 549.34 thousand kilograms. Forecast data from 2024 to 2028 indicates a steady increase, with 2024 expected at 567.65 thousand kilograms, growing further to 647.66 thousand kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 3.3% over the forecast period. Year-on-year growth rates hover around 3.6% each year, showcasing a consistent upward trend.
Future trends to observe include:
- Potential shifts in consumer preferences toward porcelain or china products.
- Impacts of regional trade agreements and tariffs on import volumes.
- Economic factors influencing disposable income and luxury spending in Myanmar.
