Liquid Elevators Price in Myanmar - 2022
Contents:
Liquid Elevators Price in Myanmar (CIF) - 2022
In 2022, the average liquid elevators import price amounted to $1,139 per unit, with an increase of 179% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $1,243 per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 ($1,530 per unit), while the price for Thailand ($594 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Liquid Elevators Imports in Myanmar
For the third consecutive year, Myanmar recorded decline in overseas purchases of liquid elevatorses, which decreased by 0% to 25 units in 2022. In general, imports continue to indicate a sharp slump. The smallest decline of -30.9% was in 2020. Over the period under review, imports reached the peak figure at 110 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, liquid elevators imports soared to $28K in 2022. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Liquid Elevators in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.3 | 1.1 | 0.4 | 17.6 | 288.6% |
| China | 1.5 | 4.6 | 0.4 | 6.1 | 59.6% |
| Thailand | N/A | 6.4 | 2.7 | 4.8 | -13.4% |
| Vietnam | 3.9 | 1.3 | 0.1 | N/A | -84.0% |
| Malaysia | 1.4 | 4.0 | 1.1 | N/A | -11.4% |
| India | 0.4 | 1.0 | 0.3 | N/A | -13.4% |
| Indonesia | N/A | 0.4 | N/A | N/A | 0% |
| Singapore | 0.7 | 6.4 | 2.6 | N/A | 92.7% |
| Taiwan (Chinese) | 10.7 | 1.4 | 2.6 | N/A | -50.7% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 19.0 | 26.5 | 10.2 | 28.5 | 14.5% |
Top Suppliers of Liquid Elevators to Myanmar in 2022:
- Italy (13.0 units)
- Thailand (8.0 units)
- China (4.0 units)
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