Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar - 2022

Contents:

  1. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar (CIF) - 2022
  2. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar (FOB) - 2022
  3. Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar
  4. Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar (CIF) - 2022

In 2022, the average import price for electric generators amounted to $16,555 per unit, growing by 42% against the previous year. Overall, the import price continues to indicate mild growth. The growth pace was the most rapid in 2013 when the average import price increased by 188% against the previous year. As a result, import price attained the peak level of $40,345 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($25,834 per unit), while the price for Italy ($2,600 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+56.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar (FOB) - 2022

The average export price for electric generators stood at $22,168 per unit in 2022, approximately mirroring the previous year. Over the period under review, the export price recorded a sharp slump. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,592,495 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2017 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar

For the third year in a row, Myanmar recorded decline in overseas purchases of electric generators, which decreased by -15% to 17 units in 2022. In general, imports faced a precipitous curtailment. Imports peaked at 94 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric generators soared to $281K in 2022. Overall, imports showed a precipitous contraction. Imports peaked at $2.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11118621.423328.0%
France13824.73.020.1-47.4%
United Kingdom21.215.71.89.6-23.2%
Italy2.02.50.57.857.4%
Thailand66.727.42.34.5-59.3%
GermanyN/AN/AN/A4.00%
Japan2063.40.43.0-75.6%
India1.318828.0N/A364.1%
Singapore1,62886.227.4N/A-87.0%
Others212168149N/A-16.2%
Total2,386703234281-51.0%

Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Myanmar in 2022:

  1. China (9.0 units)
  2. Italy (3.0 units)
  3. France (1.0 units)
  4. United Kingdom (1.0 units)
  5. Japan (1.0 units)
  6. Germany (1.0 units)
  7. Thailand (1.0 units)

Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar

In 2022, the amount of electric generators exported from Myanmar was estimated at 2 units, remaining relatively unchanged against the previous year. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electric generators stood at $44K in 2022. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ChinaN/AN/A44.30%
United Arab Emirates29.8N/AN/A0%
OthersN/AN/AN/A0%
Total29.8N/A44.321.9%

Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Myanmar in 2022:

  1. China (2.0 units)

Source: IndexBox Market Intelligence Platform

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