Myanmar - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBed-Convertible Seat Price in Myanmar - 2022
Contents:
- Bed-Convertible Seat Price in Myanmar (CIF) - 2022
- Bed-Convertible Seat Price in Myanmar (FOB) - 2022
- Bed-Convertible Seat Imports in Myanmar
- Bed-Convertible Seat Exports in Myanmar
Bed-Convertible Seat Price in Myanmar (CIF) - 2022
In 2022, the average bed-convertible seat import price amounted to $13 per unit, increasing by 40% against the previous year. Over the period under review, the import price, however, continues to indicate a significant curtailment. Over the period under review, average import prices hit record highs at $195 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($1,217 per unit), while the price for China ($159 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Bed-Convertible Seat Price in Myanmar (FOB) - 2022
The average bed-convertible seat export price stood at $0.7 per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 a decrease of -99.8%. The export price peaked at $324 per unit in 2019; however, from 2020 to 2022, 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 Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -4.4% per year.
Bed-Convertible Seat Imports in Myanmar
After three years of growth, purchases abroad of seats convertible into beds decreased by -93.7% to 1.9K units in 2022. Overall, imports saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. Imports peaked at 30K units in 2021, and then fell significantly in the following year.
In value terms, bed-convertible seat imports dropped significantly to $24K in 2022. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, imports attained the peak of $277K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bed-Convertible Seat in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 601 | 1,940 | 762 | 1,149 | 24.1% |
| Thailand | 202 | 69.3 | 174 | 263 | 9.2% |
| Malaysia | 103 | 207 | 114 | 200 | 24.8% |
| Others | -739.8 | -1,939.6 | -775.8 | -1,587.4 | 29.0% |
| Total | 166 | 277 | 274 | 24.4 | -47.2% |
Top Suppliers of Bed-Convertible Seat to Myanmar in 2022:
- China (7.2K units)
- Malaysia (0.3K units)
- Thailand (0.2K units)
Bed-Convertible Seat Exports in Myanmar
In 2022, overseas shipments of seats convertible into beds decreased by 0% to 72 units, falling for the second year in a row after two years of growth. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 243%. As a result, the exports attained the peak of 144 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bed-convertible seat exports stood at $52 in 2022. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of -99.2% was in 2020. The exports peaked at $14K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Bed-Convertible Seat in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.8 | 0.1 | 1.4 | 1.5 | -18.8% |
| South Korea | 4.0 | N/A | N/A | N/A | 0% |
| Japan | 6.8 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | -2.8 | -1.4 | -50.0% |
| Total | 13.6 | 0.1 | N/A | 0.1 | -80.6% |
Top Export Markets for Bed-Convertible Seat from Myanmar in 2022:
- Singapore (8.0 units)
This report provides an in-depth analysis of the bed-convertible seat 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.
Product coverage:
- Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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